Posted 2/23/2024 12:27 (#10636689 - in reply to #10636631) Subject: RE: Farmers are the fund buying and selling
When you hedge you will give them liquidity to lift their speculative position. They want to get long but they realize if they lifted their entire position all at once it would send the market drastically higher thereby reducing their gains as they lift their positions. Like a pump and dump in the stock market, the smart money gets in on it early and needs the suckers to hold the bag so they can exit.