The Commitments of Traders Bible
How To Profit from Insider Market Intelligence
Chapter One
The COT-Assorted
History
"Look," began the spokesman when the door closed, "the Grain Futures
Administration has made a complaint that you are carrying
too much open stuff." It would be hard for me to make anyone other
than a La Salle Street trader understand how I felt then, unless it
might be some Russian farmer who has tasted the bitter flavor of
government interference in matters which should not concern it.
-Arthur W. Cutten and Boyden Sparkes, "The Story of a
Speculator," The Saturday Evening Post (November 17, 1932)
My great-grandfather A. E. Briese went bust four times in his life; the first was in
1918, in commodities. He had been growing potatoes to feed the troops during
World War I, and loaded his crop on railcars at Plainview, Minnesota. Then the
war ended, and the Army canceled his contract. He wasn't alone. Farmers across the ... read full excerpt from The Commitments of Traders Bible: How To Profit from Insider Market Intelligence ebook
