The above Wheat chart proves my point. Here is what the chart does not show. 1. Wheat has been actually trading in a range of less than 1.00 thats $5k per contract over a 2 year period!! 2. you can be holding a losing position for months tieing up equity. when you could be trading something that really moves. I could go on and on and on. Oh, I almost forgot. Ag's & Cattle have "Lock Limit" moves that can have EXTREME gap moves on the open. ...........DUDE! Do you really need all that stress in your life?
I am listening by the way - thx for the insight. Are you saying then that these are really just for ag producers as hedging vehicles, etc. because they move slower than lead on concrete? And if they move so slow, why would the fundamental data even matter? (To a newbie it looks like it s-l-o-w-l-y trends in spite of any real fundamental data.)