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Actually, my broker has taught me that when you want to buy any of the
grains, you want to buy 5, not 1 (as in 5000 bushels). The statements I get
reflect this. Kind of an odd thing, but that's the way it goes.
>>
>> 1. Futures- If say corn is at 270 and I want to buy it at 265 what would
>>the order be?
>>etc.
>>
> This is not a stupid question at all, as the subject of placing the
>correct
>order using the appropriate language can be extremely confusing.
> For your orders, use a "limit or better" if the current price is above
>your
>entry objective price and you want to go long, e.g. "buy one corn at 265
>limit or
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