Soybeans

[Guest cooter]

Another thing to do, if you haven't made the migration from paper to real $$$ on the grains, is the CBOT mini-ags (mini-corn, mini-wheat, and mini-soybeans).

 

Lower margins, plus it'll give you a feel for the real thing with real money.

[torero 10]

I'm a bit reluctant with these mini-ags due to their low liquidity, unless my assumption is wrong.

[keymoo 10]

Carter thinks you will be fine with them if just testing out. Liquidity won't be a problem because you are not trading size. When you want to trade size then just trade 1 big grains contract. Remember that the big grains contract are the same as the mini-dow in terms of size. So a mini grains is really a mini-mini-grains.

[Guest cooter]

Keep in mind that there are 8 ticks to the cent on the mini-Ags, versus 4 ticks on the regular grain contracts.

 

Plus each tick is only worth $1.25 (yes, one dollar and 25 cents US) per contract versus $12.50/tick on full size grains. So for most folks, it really isn't worth their while, when slippage and commissions are taken into effect.

 

Also, and this is perhaps most important, they are still pit-traded contracts at the CBOT.

 

The electronic version is due to go live shortly, according to the press release here:

 

CBOT - CBOT to Launch Mini-Sized Ag Contracts on E-CBOT

[wsam29 10]

Another thing to do, if you haven't made the migration from paper to real $$$ on the grains, is the CBOT mini-ags (mini-corn, mini-wheat, and mini-soybeans).

 

Lower margins, plus it'll give you a feel for the real thing with real money.

 

 

FYI, the mini-ags are pit traded. Not electronic.

 

the spreads are wide and at times are the same in dollar risk compared to the full size contracts.

 

My suggestion if one wants to get into the ags, start with corn. lots of volume and not as erratic as beans or wheat. Don't even bother with oats for day trading.

 

You even got the bean complex to consider. Meal ($10/tick) and oil ($6/tick)

[wsam29 10]

FYI, the mini-ags are pit traded. Not electronic.

 

 

man I am a dinosaur when it comes to keeping up with the times.

[Guest cooter]

FYI, the mini-ags are pit traded. Not electronic.

 

 

Really?

 

Says who....can you quote an authoritative source for your statement?

[wsam29 10]

Initially they were pit trade contracts when they first were introduced.

 

This was before I read that link that the CBOT were gonna trade the mini ags on ecbot.

 

http://cbot.com/cbot/pub/cont_detail/0,3206,1036+47000,00.html

 

So up until that release, they WERE pit traded, trust me I looked into when they were introduced.

[Guest cooter]

To recap...

 

First we had someone post that the daily limits on the corn is 5% (WRONG).

 

Then we had another post that said the mini-Ags were not electronically traded (again WRONG).

 

Is it really that difficult for folks to check the facts before making supposedly authoritative statements on this board?

 

Just wanted to keep everyone straight here....

[wsam29 10]

dude, things change, not everyone has the time to be up to date with all these changes.

 

not like everyone should believe everything they read to begin with.

 

Margin rates change, nothing stays the same.

 

if people really wanted to find out, they would just go to the exchange website and LOOK for it themselves, but people are lazy and want to be TOLD what the information is.

[Guest cooter]

People are lazy, indeed!

 

Thanks for sharing....

[torero 10]

Sometimes I can't read the CBOT site's press releases too well with all the marketing mumble jumble that goes with it. I have to reference other sources just to get the fact straight. My name's mud.