grain traders : smart or dumb?

Discussion in 'Commodity Futures' started by SethArb, Dec 16, 2009.

  1. are the BOTS stupid most of the time compared to other markets?

    or do they compete with good sense most of the time ?

    and of course that leads me to my next question

    why is it that human traders are even more retarded
    than the bots can be in chasing everthing up and down ?

  2. Traders, for the most part do not know or understand the difference between "chasing the market" or "reading a chart" and then making an informed decision based on the information provided in that chart. Traders aren't "retarded", they are impatient and undisciplined.

    Here is the January eSoybean chart with real-time objective trading decisions marked for the last 3 days.