Stay Focused in Challenging Times

I wrote this article back in March of 2009. The message was on the evergreen topic of “Focus”. All the observations made are still valid today. I have added some commentary about current times after ...

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Spreads Know

  Prior to a harvest, spreads for an upcoming crop year reflect the market’s emotions about that year. After harvest, spreads reflect the market’s effort to move the crop appropriately for the now ...

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When Being Right is the Wrong Focus

Volatility has a lot of side effects on the mentality of a basis trader. Maybe the most dangerous is an aversion to being wrong – and when price, basis, and spreads change at breakneck speed there ...

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