What can be learnt from Chinese futures trading?
If you love eggs, this is the market for you
“SO LONG AS you think about what others are thinking about, and stick to your trading strategy, you can always be successful.” This encouraging, if dubious, sliver of market wisdom was proffered on September 3rd by Zhou Chengji, a Chinese investment adviser, during a two-hour online tutorial. China is hardly alone in having a raucous community of would-be market gurus and day traders. But Mr Zhou’s focus was on an asset that makes China look rather unusual: egg futures, the only ones of their kind in the world nowadays.
This article appeared in the Finance & economics section of the print edition under the headline “Eggheads”
Finance & economics September 12th 2020
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