"The Pit" is not a part of your risk management strategy. It is a place where we discuss speculative trades which may or it may not have anything to do with agriculture or farming. It is for fun (and maybe some profit) and perhaps some education.
There are many subscriptions services on the internet that provide stock trading advice for a fee. I have yet to find such a service which is geared strictly towards Futures trading. Trading a financial instrument with 20X leverage is a lot different than trading an ETF. There is just no comparison between trading stocks and commodities.
The suggestions and strategies I give in The Pit are high probability trades which have been backed by research. That said, without proper money management, you could easily blow up your trading account with one bad trade.
If I tell you that a trade idea has worked 14 of the last 15 years, it is not a slam dunk. I couple historical research with sentiment readings and cycles to provide sound trading set ups. Use only money you can afford to lose. Maybe in a year you can take your spouse someplace nice.
Membership To The Pit
Trades highlighted in The Pit are posted privately to Wade Assurance brokerage clients and subscribers. A subscription is available for non brokerage clients. Subscription and brokerage account details are listed on the "Getting Started" page. Send me a message if you would like to receive a free 5 day trial.
A few Samples of previously closed trades are listed below.
The Speculation page is used for educational purposes and to talk about our opinion on trades and what is going on in the market. All trade recommendations are made in "The Pit". This is also a blog page where you can ask questions, post your thoughts, or ask for help. Be sure to use an anonymous name. If you have any questions feel free to reach out to us via email.