Tagged: trading

A Look at Weather Markets of the Past

By Fred Evans – March 21, 2018

 

“What is cheap (undervalued) that I can buy that is going to go up so that I can make some money?” 

 

That was the standard refrain I heard when I would receive inquiries from neophyte investors (speculators) interested in trading commodity futures.  In my twenty years as a commodity futures account executive I never received a single phone call from a potential client who asked “what is overvalued that I can sell short and make some money?”

No One Can Beat the Market

By Fred Evans – June 8, 2017

 

“No one can beat the market.” — Edwin Lefevre

 

Isn’t that a fine statement from a man who enjoyed an 18-year career encouraging people to trade futures?

 

He had a point: There’s evidence that only two in ten people will be successful speculating on the market, and if those two stay in the market long enough they too will lose.