Don’t Be Rattled By Market Fluctuations

An article on DTN/Progressive Farmer

What a week it's been! On Monday, we saw the market crash lower in the first opportunity traders had to react to the data and announcements shared last Friday. (See "USDA Cattle on Feed, Inventory Reports," and "USDA Eyes Mexico Cattle Port Reopening," )

But, on Tuesday, the market turned on a dime and seemed to forget all the fear and panic that occurred just the day before. Which logically leaves people wondering: What the heck is going on? And what's next?

While I wish I could tell you every jolt and turn the market is going to make, so you can always stand confidently in your position, I don't possess that crystal ball. But what is becoming more apparent is we must be diligent market participants who are fixated on securing a profit and cannot be rattled and upended by every head fake the market makes. Which sounds like a noble plan, but can be difficult to follow and live by when your time, income and equity are all at stake.For the full article click here