Risk OffCrop insurance should blend with your marketing plan. The problem is that most farmers do not have a marketing plan. They don't know how to do it, and their crop insurance agent probably does not know how to do this either. Most commodity brokers are not licensed in crop insurance, and are mostly interested in getting in and out of positions. Maybe you have been there before.
|
|
Since 1998, I have been working with farmers across Kentucky and Southern Indiana to help them minimize the risk they face using crop insurance. As a series 3 broker, I am uniquely qualified to help blend a marketing program with a crop insurance program to minimize risk. I use a three step process which begins with crop insurance as a foundation, but you really are not secure without marketing coupled with brokerage.
Risk On
I use to shy away from making speculative trading recommendations even though I had done it for myself for quite some time. I have learned many lessons along the way as most traders do. I have since begun sharing the methods that I have used for making profitable returns on speculative trades. I create trade set ups that have high probabilities for profitable outcomes based upon cycles, sentiment and historical information. I put this together and diagram trades with logical entry and exit points defining the risk. Every trade I recommend has a stop in place to manage potential loss.
The Process:
1. Spotting an opportunity
2. Diagramming a trading plan
3. When the time is right, broadcast a live notice with a link to the website that a new trade recommendation has been posted.
The Process:
1. Spotting an opportunity
2. Diagramming a trading plan
3. When the time is right, broadcast a live notice with a link to the website that a new trade recommendation has been posted.
October Track Record From The Pit
Track record reflects taking one position of each trade and does not account for any variance in position size. These are actual trades that were made in Wade Assurance accounts.
The profit/loss listed may very from initial recommendations posted in "The Pit". Markets constantly change which may vary from initial recommendations. Brokerage customers are the beneficiaries of potential price adjustments resulting in these differences. Wade Assurance brokerage client's commission and exchange fee's of $75 dollars per round turn trade is reflected into profit and loss calculations.
Past performance is not indicative of future results.
The profit/loss listed may very from initial recommendations posted in "The Pit". Markets constantly change which may vary from initial recommendations. Brokerage customers are the beneficiaries of potential price adjustments resulting in these differences. Wade Assurance brokerage client's commission and exchange fee's of $75 dollars per round turn trade is reflected into profit and loss calculations.
Past performance is not indicative of future results.
