Lesson 28: Mrs.
B's Markets
Mrs. B's
readers have responded by identifying the markets they would most
like her to trade. Here is the tabulation. This list shows the
markets that Mrs. B was most requested by her readers to trade.
There were almost 50 markets that received votes but Mrs. B has
only the time and money to consider trading markets that made it
into the top 30 spots. Each market is ranked by the number of
votes it received as compared to the number of votes the other
markets received. In first place was corn. In thirtieth place was
oats.
| 1st
place |
Corn |
| 2nd
place |
Soybeans |
| 3rd
place |
Wheat |
| 4th
place |
Sugar |
| 5th
place |
Gold |
| 6th
place |
Cocoa |
| 7th
place |
S&P
Index |
| 8th
place |
Treasury
Bonds |
| 9th
place |
Live
Cattle |
| 10th
place |
Crude
Oil |
| 11th
place |
Swiss
Franc |
| 12th
place |
Eurodollar |
| 13th
place |
Silver |
| 14th
place |
Canadian
Dollar |
| 15th
place |
NASDAQ |
| 16th
place |
Orange
Juice |
| 17th
place |
US
Dollar |
| 18th
place |
Lumber |
| 19th
place |
Copper |
| 20th
place |
Coffee |
| 21st
place |
Japanese
Yen |
| 22nd
place |
Pork
Bellies |
| 23rd
place |
Soybean
Oil |
| 24th
place |
Cotton |
| 25th
place |
British
Pound |
| 26th
place |
Soybean
Meal |
| 27th
place |
Natural
Gas |
| 28th
place |
Feeder
Cattle |
| 29th
place |
Lean
Hogs |
| 30th
place |
Oats |
In many ways
the list is surprising. Mrs. B she is quite satisfied with it.
She has a starting balance of $5000 in her account and for her to
trade more than one market at a time she will have to restrict
herself to markets where the margin is reasonable. She may trade
a contract or two of corn, soybeans, wheat, sugar and gold. She
might have been able to trade cocoa a month or so ago, it will be
more difficult for her today. She probably has to pick and chose
from the other markets, selecting those that offer her an
opportunity to enter with a controlled risk. She might even exit
quickly; perhaps on the same day she enters, if the market does
not close in her favor. Mrs. B is anxious to face up to the task
ahead of her. Mrs. B and her robots are afraid of no one and no
markets. It is Mrs. B versus the unbeaten 30 with the outcome to
be decided on December 31st, 2001.
Will Mrs. B
look foolish in taking on these 30 powerful markets? The answer
is, of course, 'yes'. But remember that in her effort to succeed
and to become self-reliant, Mrs. B is well-willing to "look
the fool" at any time to anyone. Mrs. B has
a theory about this. Her theory is that it is impossible for
anyone who makes a profit trading in commodities or options to
"look a fool" to anyone. If a trader can make a profit
standing on his head and looking at the charts upside down and
this trader is able to make a profit doing so year in and year
out, it wouldn't take long before every time someone entered a
brokerage office they would see one or two investors doing just
that. If you can make money in this game, you are not "a
fool" - no matter how foolish the method you are using to make
that profit may look. Be prepared then, from day number
one, to see Mrs. B looking a fool to many of you. But wait until
you see the results at the end of December 2001. By then you may
be using many of the same "foolish methods" used by Mrs.B during
these next 11 months.
As Mrs. B
examines these 30 markets she wishes to emphasize that she
always uses robots in her trading plan. Not just any
ordinary robots. All Mrs. B's robots have names. They are part of
her family. They have names and they have duties. In the future,
in some families, robots may take out the trash, in other
families robots may mow the lawn, in those families that live on
farms, maybe the resident robots will feed the cattle and pick
the apples. In Mrs. B's family her robots trade commodity
futures. They not only trade commodity futures but they
have very specific assignments with regard to the futures
contracts and how they trade them.
Mrs. B has
given her robots these assignments and not once has any robot
ever deviated from an assigned task. A parent should be so
lucky. Mrs. B has a 100% compliance rate from her robots.
Mrs. B has developed a system and method designed to produce a
profit for Mrs. B. This is her bottom line. Every robot in
her inventory must eventually earn money for Mrs.B. Her
robots have never once voiced a word of complaint. Here then are
the names of 20 of Mrs. B's robots and the tasks assigned to
those 20.
|
Robot's
Name
|
Robot's
Task
|
|
Emily
|
Trades nothing but corn and she is always
long.
|
|
Jacob
|
Trades nothing but corn and he is always
short.
|
|
Michael
|
Trades nothing but soybeans and he is always
long.
|
|
Sarah
|
Trades nothing but soybeans and she is always
short.
|
|
Brianna
|
Trades nothing but wheat and she is always
long.
|
|
Matthew
|
Trades nothing but wheat and he is always
short.
|
|
Nicholas
|
Trades nothing but sugar and he is always
long.
|
|
Samantha
|
Trades nothing but sugar and she is always
short.
|
|
Hailey
|
Trades nothing but gold and she is always
long.
|
|
Christopher
|
Trades nothing but gold and he is always
short.
|
|
Joshua
|
Trades nothing but cocoa and he is always
long.
|
|
Ashley
|
Trades nothing but cocoa and she is always
short.
|
|
Kaitlyn
|
Trades nothing but the S&P Index and she is
always long.
|
|
Austin
|
Trades nothing but the S&P Index and he is always
short.
|
|
Tyler
|
Trades nothing but Treasury Bonds and he is always
long.
|
|
Madison
|
Trades nothing but Treasury Bonds and she is always
short.
|
|
Hannah
|
Trades nothing but Live Cattle and she is always
long.
|
|
Brandon
|
Trades nothing but Live Cattle and he is always
short.
|
|
Joseph
|
Trades nothing but Crude Oil and he is always
long.
|
|
Alexis
|
Trades nothing but Crude Oil and she is always
short.
|
Mrs. B has
other robots, two for each market in fact, but we need not name
them now. It is sufficient to know that each robot has one
assignment and one assignment only and that this assignment is to
trade a commodity futures market either long or short. Joseph
trades nothing but crude oil and he is always long. Sarah trades
nothing but soybeans and she is always short. Emily trades corn
long and Jacob trades corn short. Thus it has always been in the
robot family of Mrs.B and thus it will always be. Each robot has
a single assignment and no robot has ever deviated from that
assignment as much as by trading a single mini-contract in
another market.
Mrs. B
and her robots are willing to "look the fools" under her theory
that it is impossible to "look a fool" when you are able to make
money in the commodity and options markets of the
world.
To send Mrs. B any
thoughts, click here.
After sending Mrs. B
your thoughts, suggestions, or observations, you may then proceed
by clicking
here.
Bruce Gould