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The New Commodity Trading Guide: Breakthrough Strategies for Capturing Market Profits by George Kleinman

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Chapter 1Eliminating People

“Most of the world’s ills would be cured with one three-day open season on people.”

–Ernest Hemingway

“They’re not just getting rich…they’re getting even.”

Trading Places (1983)

An electric tension fills the air as Louis Winthorpe, III and Billy Ray Valentine muscle their way through the crowd of traders lining the New York Board of Trade’s frozen concentrated orange juice (FCOJ) trading pit. The traders are sweating from the heat generated by more than 100 tightly packed bodies, nervous with the anticipation of what’s to come. The clerks manning the phones surrounding the pit are on high alert.

The crop report will be released in just minutes. When those numbers are out, the market will move big time, creating ...

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