The STANDARD PROGRAM is a fundamental, discretionary program focusing on agricultural markets. Mr. Myers tries to identify supply/demand scenarios that suggest a significant change in price. For trade timing, program utilizes technical analysis, along with market behavior, market psychology, and seasonal tendencies. Program is low leveraged, typically < 8 % margin to equity, and averages 3 % margin to equity. Trades are entered only when expected risk/reward ratio is at least 1:3, preferably higher. Majority of trades are spreads, especially in livestock. Positions are constantly monitored and reevaluated along with the key fundamental variables associated with each trade.