Countdown to Our Contest! Get Ready to Trade CBOT Futures
By Kristina Zurla Landgraf ISSUE 604 | APRIL 2007
We're counting down the final days to the Lind-Waldock/CBOT Trade with a Pro SimTrade Contest, May 7-11, 2007. You can win one of three cash prizes trading CBOT futures in a virtual environment with no real money at stake.
If you haven't already entered, there's still time left. The deadline is May 4, 2007, at 3:30 p.m. CT. There's no cost to enter, you don't need to have an existing Lind-Waldock account, and no experience is needed. Don't wait, enter now!
You'll also get invaluable insight from five professional traders who will trade alongside contestants and share their techniques with you via a special live webinar trading room hosted by the CBOT. You can listen and chat with these professionals live each contest day at 12:00 noon CT.
May 7 Dan Gramza
May 8 David Hightower
May 9 Jim Wyckoff
May 10 Jack Broz
May 11 Hubert Senters
Even if you don't wish to enter the contest, you are free to attend these webinars each day with our professional traders. Sign up through Lind Events.
Why Enter the Contest?
Aside from the chance to win $1,000, the contest a great way to try futures trading for the first time if you are new, or if you are already trading, explore a new market or strategy.
"I think this provides the beginner and seasoned trader with an opportunity to consistently apply your trading strategy and risk management criteria, trade unencumbered from emotions, find out how you compare with other traders, and explore and implement new trading techniques and strategies," said Dan Gramza, President of Gramza Capital Management. Gramza is one of our five professional traders featured during the contest, and will be available in the webinar trading room on May 7.
The broad mix of CBOT markets you can trade, from corn to soybeans, to Dowsm futures, to metals, to Treasuries, make the contest an ideal forum to see and trade various intermarket relationships, too. During the contest week, the data calendar should provide ample opportunity for market movement, including a Federal Reserve policy meeting on May 9, monthly retail sales on May 11, and agricultural crop reports bookended on May 7 and 11.
"We are one of the few exchanges that have so many liquid markets in such a diverse product line," said Robert Ray, Senior Vice President of Business Development at CBOT. "Everyone has an opinion on interest rates and inflation, which affect nearly every market. And now markets like corn and soybeans are tied to energy, and that's brought heavy volume and some big price movement. The contest is a great way to see how the fundamentals play out in the different markets," he said.
If you'd like to learn more about trading CBOT markets, the exchange has a host of resources for traders of all types. Following are a number of downloadable brochures from the CBOT to help you get started. Just click the links below.
CBOT Agricultural Markets: A Guide to Trading CBOT Agricultural Futures and Options
CBOT U.S. Treasury Futures and Options, Reference Guide
CBOT Dow Complex: Trading the Market's Measure
CBOT Precious Metals: A Guide to Trading CBOT Electronic Gold and Silver
Good luck and get ready to trade on May 7-11!
Kristina Zurla Landgraf is editor of Lind eWire. She can be reached by email at editor@lind-waldock.com.
Futures trading involves substantial risk of loss and is not suitable for all investors.
Past performance is not necessarily indicative of future trading results. Trading advice is based on information taken from trade and statistical services and other sources which Lind-Waldock believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder.
© 2007 Lind-Waldock, a division of Man Financial Inc. All Rights Reserved.
DISCLAIMER: Futures and options trading are speculative and involve risk of loss. The Rules & Regulations of the CBOT remain the authoritative source on all current contract specifications & regulations. "Dow Jonessm," "The Dowsm," "Dow Jones Industrial Averagesm," and "DJIAsm" are service marks of Dow Jones & Company, Inc. and have been licensed for use for certain purposes by the Board of Trade of the City of Chicago (CBOT). The CBOT's futures and futures-options contracts based on the Dow Jones Industrial Average are not sponsored, endorsed, sold, or promoted by Dow Jones, and Dow Jones makes no representation regarding the advisability of trading in such products. Information provided is taken from sources believed to be reliable but is not guaranteed as to its accuracy or completeness. The Rules and Regulations of the Chicago Board of Trade should be consulted as the authoritative source for information, rules, and contract specifications.
