USDA Report Tomorrow

USDA Reports, Fed reports, etc. contain many unknowns.

Some believe they have an edge in the market reaction to the reports.

Perhaps, that is true but it is unlikely at the retail level.

Most of us are retail.

Wise traders say that the odds are 50-50 whether the market goes up or down, leaving no edge to the trader.

We have held through the release with both positive and negative results.

Believe me, the pain of a large move against your position is not worth the chance of a gain.

Because of this, we will preserve capital, exiting our futures trading account positions before tomorrow’s release.

We will reassess on Sunday.