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Cottonpicken Wants to discuss Money supply

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  • parsley
    Senior Member
    • Oct 2000
    • 10986
    #11
    Risk...it's all about risk. How much cash can you actually afford to lose?

    Derivitives are the yo mammas of risk. They are the real boogeyman for me.

    Another risk is instant information! Is it good or is it bad? It's there. Now! Act or snooze?

    wd9 I really like your fighting figures! Thanks

    Parsley

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      • snappy
        Senior Member
        • Oct 2000
        • 10986
        #12
        Cp I would love to know how you made out with Friday's USDA announcement!

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          • cottonpicken
            Senior Member
            • Apr 2006
            • 6993
            #13
            Snap,it never effected me at all allthough new crop pricing will now be on hold for a while.Weve got a real hemerage going on in overnight trade.

            This is the first major buying oppurtunity weve had in a while.

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              • charliep
                Senior Member
                • Oct 2000
                • 9002
                #14
                Note the market is not locked limit down/is trading (noon Alberta time). Been aride. Lets see 40 cents/bu pain times 5000 bu/contract equal US loss $2,000/contract. Ouch. Why I don't trade anymore. Maybe a good time to buy but need nerves of steel and fat bank account (not your only source of money).

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