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Traders at Work: How the World's Most Successful Traders Make Their Living in the Markets by Nicholas Mango, Tim Bourquin

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Patrick Hemminger

Spread trader Patrick Hemminger began trading agricultural futures when the number of favorable trade opportunities in equities began diminishing as a result of more highly correlated global equity markets. Although it was borne out of necessity, Hemminger’s switch to agricultural futures has proven a defining move in his career and shows that traders must be attentive and quick to respond to changing market conditions.

The historically reliable and lucrative spreads in commodities like corn, wheat, soybeans, and even oil have allowed Hemminger to apply his unbiased technical strategy and achieve even greater success as a trader. ...

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