Ag trade ideas

xandman said:
In any case, cash or physical delivery, you don't want a position on First Notice Day. Retendering that contract after assignment can generate a fee up to $200 per contract.

This weeds out a lot of convergence to spot trades because the most traders will be forced to exit and the bulk of the convergence move happens after First Notice Day.
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Refresh your longs everyday and until the oldest long is close your fine
 
Not at all...LOL. I entered a long term trade based on historical max carry and learned just after that the basis of trade wasn't valid anymore as CME is introducing VSR in Mar18 on KC wheat.
 
Coffee, bought my fill of this market between yesterday and today as add-on to 2013 & 2016 longs, been rolling over, buying/hedged it for number of months on signals, don't know it there is a bottom to this swing, it been buy and get stopped out and hope hedge works, lots of small losses which I expect on any trading idea. I do target 10k which hits occasionally but down to 10% of my position to help recover some option blunders. But I luv my system, I don't have to think at all, and with it being automated, even less. But you get your system down to not thinking and believe in what you made works, so be it. It only takes a few trades like longs in 2009 and shorts 2011 to figure out once you develop hedges, this can be done, you have time of your side. I also added some Bullish spreads. Once this market starts going going up, will dance options spreads for little extra.


CFM.GIF
 
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