At this point we will still play it a little conservatively, not totally sure that the maps are going to verify as shown. Both sides of unchanged for the cotton market today. Winter storm warnings are still in effect, and snowfall is still expected to total between five and seven inches. Given that there will be a break in the precipitation after today and given that we have the crop report out on Thursday, it is probably advisable to take nice profits out of the market and head to the sidelines. Overall though our attitude towards the market remains friendly.
Commodity trading involves a high degree of leverage.
That leverage allows for large returns, but also large losses. Due to the high degree of risk involved in futures trading, you can lose all your money.