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FWIW this s from friend of mine who is a pit trader: Well, as pit traders, we do have a huge edge. Without that edge, I'm not sure I could make any money trading, but with it, I do very well. On the other hand, 50 or 60 guys have come and gone from the floor since I've been a member, and...

A friend of mine is a pit trader and he is ALWAYS hedging.

Not like we have much of a choice. Bill Gates pretty much has the market cornered.

Isn't Window just wonderful?

July 08 is new crop month. The wheat that is about to be planted now. Everybody and his brother will be planting wheat

If you find yourself in troube - don't call the police. If you find yourself getting sick - don't go to the hospital.

Count me in.

It still baffles me how people cannot get a reply from IB support directly but they always get results when they post their problems here. So I will ask the question here: What's with that IB? Why is that?

Probably because the 1 or 2 guys they have in support are too busy watching for complaints as they pop up on ET. ET IS IB support. If you have a problem with IB this has proved to be the place to get your issue resolved. I am an IB user myself. One thing I've learned is don't bother...

Where's JimRockford when you need him?

Finish college and/or grad school. Land a job and work it for several years then go into trading. If it doesn't work out you will have something to fall back on. But while you are in school and then working keep hammering away with a paper trading account. Many poo-poo that but you will...

My post was not meant to discount education. I have a BA and an MA myself. I currently work in a field totally unrelated to my education (as do so many, many others). I trade part time during the AM session. Baldwin was a very successful trader (to say the least). Education can get in your...

Just a word of caution: Market Wizards, p. 370 Schwager: "But you didn't have any experience to fall back on. Baldwin: "You don't need it. You don't need any education at all to do it. The smarter you are, the dumber you are. The more you know, the worse it is for you."

Not sure we've found the bottom yet. When farmers in TX who normally plant cotton are getting 200 bushels an acre . . . there's a lot of corn out there. The states to watch tho are IA and IL, then NE and MN. Next year will be a different story. Corn will not get the acres they had this year...

Here are a couple websites that might be helpful as well. They tend to be bullish but generally good info: http://www.agweb.com/ http://www.dtnag.com/dtnag/

Here is USDA reports http://www.usda.gov/wps/portal/!ut/p/_s.7_0_A/7_0_1OB?navid=AGENCY_REPORTS&navtype=RT&parentnav=NEWSROOM&edeployment_action=changenav

Stealth, Here's your chance to shine and show your stuff. Bing

There will be a real battle shaping for next year in the attempt of corn, wheat & beans to buy acres. Right now wheat and beans are looking more attractive. Corn will have to rally some but it will be hard to do in light of what may be a record or near record crop this year. Notice that Dec...

Looks like this thread is going the way of all threads here on ET. Signing off. It was good while it lasted. Bing

Corn has the most volume. $50 a point and $12.50 per tick in the grains like ES. If you are in to spread trades the grains are good for that.