Four biggest bear traps of high cattle prices

Bear Trap #1 Assumptions I like the play on words that says if you ‘assume’ it will make an ‘ass’ out of ‘u’ and ‘me’. The big assumptions that I see being made are: Assuming that a profit will be made (both on a trade and in general) Assuming ‘it’ will work It worked last time/previously, so it will work again The cattle market continues to fluctuate and different classes of animals change at different rates. Therefore where a maximum gross margin can be made will change as well. Using our cattle trading spreadsheet, a trade can be analysed in under 5 minutes!…

Source: Beef Central
Four biggest bear traps of high cattle prices