Tapioca Starch Trading
Consider:
“Thailand’s commodities futures exchange launched tapioca starch futures trading on Friday but turnover was very thin as most tapioca dealers do not understand futures markets, the exchange’s president said. “We did not expect very high volume on the first day as players need time to be informed about futures trading,” said Napaporn Kurupasutachai, president of the Agricultural Futures Exchange of Thailand (AFET). Tapioca starch, which is used in the food, paper and toothpaste industries, became the third futures product on the fledgling exchange, behind rubber futures started in May last year and rice futures in August.”
Daily Times, Pakistan
It sounds like there is not enough liquidity to yet trade Tapioca starch, but once the volume is established and traders trust the exchange, trend followers have another potential market to apply speculation.
You know nothing of Tapioca starch? Trend followers don’t either. They also know little about the fundamentals of stocks, cattle, oil, euros, etc. It’s not about having mastery of each market, the trick is to treat every market the same and you do that by trading the “price”.
