Long LCJ12 vs. Short FCJ12 Spread

stoic

stoic

Apr. Live Cattle vs. Apr. Feeder Cattle Spread

Is it ready for a pop..?

Long LC @ 126.550
Short FC @ 154.025
Prices @ 12:36 pm CT 01/18/12

Price calculated @ -263.925 cwt
Chart and Trade Calculations:

LC @ 126.550 Cents per lb. x 40,000 = $50,620
FC @ 154.025 Cents per Lb. x 50,000 = $77,012.50

$50,620 minus $77,012.50 = $26,392.50 divided by 100 = -263.925 cwt

see attached chart
 

Attachments

I don't know but I am long June LC / Short May FC( 3-2 ) since October based on seasonals and it's not really my best trade of the year...LOL
 
let me give u an advice:



U DON'T TRADE LIVE CATTLE/FEEDER SPREAD unless u want to lose



why? because oil and water do not mix
 
Quote from emg:

let me give u an advice:


U DON'T TRADE LIVE CATTLE/FEEDER SPREAD unless u want to lose
More...


Your advice is worthless. Where there is potential for loss there is potential for gain.

To make such a blanket statement only demonstrates profound ignorance.
 
Quote from stoic:

Your advice is worthless. Where there is potential for loss there is potential for gain.

To make such a blanket statement only demonstrates profound ignorance.
More...



No corn position? If i were to trade the live/feeder spread, i would add a corn position. That would become a crush spread:


1 Corn/2FC/4LC


Why? Because, their outright prices are determined by the price of corn. The spread between them is a functionn of corn prices / Cost of Gain



More than 90% of small traders lose. They just lose!

BTW, your spread sounds like joe ross (loser)
 
Quote from emg:


More than 90% of small traders lose. They just lose!
More...

Really ??? I didn't know that.

I am quite sure it's because they lack higher education.
 
Quote from TraDaToR:

Really ??? I didn't know that.

I am quite sure it's because they lack higher education.
More...


they are a loser because lack higher education:


http://en.wikipedia.org/wiki/Agricultural_economics


Agricultural economics originally applied the principles of economics to the production of crops and livestock — a discipline known as agronomics. Agronomics was a branch of economics that specifically dealt with land usage. It focused on maximizing the crop yield while maintaining a good soil ecosystem. Throughout the 20th century the discipline expanded and the current scope of the discipline is much broader. Agricultural economics today includes a variety of applied areas, having considerable overlap with conventional economics.
 
Quote from stoic:

I think your posts sound like you have a severe thinking disorder!
More...

...................................

that is what makes a market.

lets all plan to reconvene in a few months and see how it plays out.

in the meantime tell an old cattle trader what a " beef sandwich trade " setup is.......

lets see how smart the OP really is or just pissing in the tall grass.

emg, you don't get to play............:)

s
 
You must log in or register to reply here.
Back
Top