Trading grains

Quote from C Robinson:



did you handle any mid-am orders...those guys were the "pits"!!!!!!!!!!!
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100 WOOHOO!

I worked on the CBOT grain floor the last or second to last summer before they closed down the midam. I never understood how that place stayed open. 15 guys in pit, all leaning on the railings. It must have taken AT LEAST 2 minutes to deliver market orders there, from the grain room. Then, we you got there, the broker wasn't even in the pits. Market orders filled in 5 minutes, the glory of the midam. Maybe I'll start a thread on the midam to get some other stories.
 
Any suggestions as to which grains and softs are day tradable?

Also, any recomendations for futures brokers to trade these grains and softs?

Thanks.

-- ITZ
 
Quote from trader924:

Can you chart and trade grains, etc. using just TA? Are these liquid enough to form nice looking charts?
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Absolutely. You can definitely use TA to trade the grains. As with any market, it helps if you can combine some knowlkedge with the TA. But I think that the basics of the grain market can be learned if your serious about learning them.

In short, many use TA to trade the grains.
 
I heard from friends on the floor that sugar trading has been better lately. They squished the hours from 10-2pm to 9-12 due to space contraints. Check out the volume 20-30k contracts a day. Due to the hours, the trade such as brokers of Nestle, Coke, can't screw around and trading is regular will less dead periods. Nice hours too!
 
profitseer >10-29-02 06:47 AM
Generally the most common spread is old crop vs. new.
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Riskier than pure Calendar spreads. Spreading activities can be easily hidden. Where exactly did you get this information most common?
 
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