Day Trading Grain Futures: A Practical Guide To Trading For a Living


  • Format: PDF
  • Pages: 168
  • Published Date: 2009


Day Trading Grain Futures provides you with everything you need to be able to day trade grain futures effectively. It opens with chapters explaining the author’s preference for the grain futures markets, and his reasons for preferring to day trade, before going on to explain the fundamentals of trading and the more specific knowledge required for his chosen approach.

Author’s Introduction:

This book is about trading soybean, wheat and corn (the “grains”) futures contracts. The contracts are traded at the CBOT futures exchange in Chicago (now part of the new CME Group). Only the electronic contracts are considered because these can be traded efficiently by anybody with a reliable internet connection, no matter where they are located. (Strictly speaking, soybeans are oilseeds, not grains. But rather than refer to the “grain and oilseeds complex”, which is a bit of a mouthful, I just refer to the grains.)

While the book does not discuss options, CFDs, spread betting, or any other derivative products, much of its content is relevant to people trading those instruments. Indeed, I have worked with traders who successfully apply these techniques to trading ordinary shares. This methodology is not market specific.

The focus is on day trading (not holding the positions overnight), but that is purely my preference. There is nothing preventing these same techniques from being used to find and manage trades in other time frames. In short, the book is all about how I day trade the grain markets. But the techniques employed are broadly applicable to most markets and time frames.

Some readers might wish for a broader description of trading techniques. There are, after all, an endless number of trading styles and systems out there. But this book was born out of a project to document exactly what I do, and why I do it, on a day-to-day basis as I trade the markets. It concentrates on the style I use, on the system choices I have made, and doesn’t make any attempt to discuss alternatives.


  • Why Trade The Grains?
  • Why Day Trading?
  • It’s All a Gamble
  • It’s All About Managing Risk 6 – What Do I Trade?
  • What a Speculative Trader Does 8 – Charts
  • Support and Resistance
  • Entry Rules
  • Managing the Trade
  • Implementing the Plan
  • My Trading Calculator
  • My Trading Screen
  • A Case Study
  • A Month at the Tables
  • The Importance of Practice
  • The Computer Set-up
  • The Trading Ritual