Soybeans - A Second Market For SP500 Traders
November 21, 2012 at 10:57 PM Emini Traders Turn To Soybeans In Lean Times
Many Traders focus on specific markets such as the S&P Emini Futures. I believe that being a specialist in one market is a desirable characteristic of a successful trader. However, no matter what your chosen market, from Crude to Live Cattle, there will always be days when a lack of volatility, direction, momentum, or some other key trait that originally attracted you to the instrument, just isn't there.
A mature trader may be able to recognize something is not quite right early on, and will simply choose to sit out the session and wait for another day. Unfortunately, depending upon the market you've chosen to specialize in, these days can often come grouped together. A string of days can sometimes become a string of weeks. That spells trouble...
