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Daily Trading Almanac
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Welcome to Bob McGovern's Commodity Futures Spreads!
Commodity futures spread trading offers an exciting path for potential profits often overlooked by futures traders! However, if you think you are going to make a fast fortune trading spreads or any other futures product in this casino, why not just donate your money to your favorite charity instead of handing it over to the "pit vipers" on the trading floor? Having said this, if you are still here, let's get on with making futures spread trading a rewarding experience for you!
My purpose in providing you this website is to keep you out of trouble! I've "been there and done that" many times, paying tuition with hard cash. I think I can provide new and experienced futures traders with basic and advanced methods for successfully trading seasonal and other futures spreads. It all boils down to knowledge. Knowledge is the secret to spreading profits!
New spreaders: Before you make your first trade, become an informed spread trader! Check out my "freebies" first! They include easy to understand insightful newsletters, courses, seminars, and articles!
Like anything else worthwhile, Commodity Spread Trading is not a “piece of cake!” Futures are a "zero-sum" situation. You don't want to be part of the "zero!" Take your time! Hard work and discipline are required! Learn things your futures broker never told you and perhaps never knew. Learn what the pit traders don’t want you to know! Feel empowered and knowledgeable when you place your spread orders! And always remember that the Exchanges were set up for their Members, and not for you! The only purpose these creatures have is to take as much of your money as they can!
By the time you absorb the contents of this website you will know more than most brokers about commodity futures seasonal, carrying charge, and crush spreads, as well as naked open position trades! As a commodity futures spread trader, you will have the keys to intra-market and inter-market spreads. See yourself gaining more confidence with every new futures spread trade you make!
So, let’s go! And good spread trading!
Bob McGovern
Caution! You could lose substantial amounts of money trading commodity futures! Past performance is not an indication of future results.
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