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EP: 162 Cash Grain Trader vs Straight Futures Trader

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Guest:

Angie Setzer

VP of Grain for Citizens Elevator

Record Date:  10/31/17

Topics:

1. Cash Grain Trading vs Straight Futures Trading
2. Assessing a Farmers needs for Hedging
3. Executing Futures & Options against a Crop
4. Corn to remain in a limited trading range
5. Insight on the future growth of Agriculture Industry

Rapid Fire:

1. What Trader has influenced your life the most and why?
   • Avi Fromm & Glenn Hollander
2. How has your trading evolved over the years?
   • I’ve learned not to sweat the small stuff.
3. 1 source you spend your time on?
   • Twitter
4. Favorite Book About Trading or the Markets:
   • The Art of Grain Merchandising
5. Favorite Movie About Trading or the Markets:
   • Trading Places
6. Best Advice Ever Received About Trading:
   • Making your first loss the biggest. If you’re in a loser that looks like it will be worse. Be quick to move on!
7. Advice to Give to Others About Trading:
   • Never get to big for britches
8. If you weren’t a trader you’d be what?
   • Middle School Counselor

Resources:

• Website: https://www.citizenselevator.com/
• Twitter: httpss://twitter.com/GoddessofGrain