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TFC Commodity Trading Forum

$3000 coffee loss in just a couple days, GiddyUp!

By:Commodity kid
Date: Wednesday, 23 October 2013, at 12:00 pm EDT
In Response To: Re: Sugar, corn and crude / coffee (padawan)

Just bought @ 11080 dec and 114 mrch. We will see. Oh yeah, guess what? Why so quiet???
Just made low 10700 dec & 110.25 mrch. We are seeing.
(-3.8) + (-3.75) = about a $3000 loss on the pair of single contracts coffee

And that's the kid's Elliott Wave for ya, can anyone do better than that?
Who doesn't have a few grand to drawdown instantly, not counting the $3000 crude loss or the $3000 corn drawdown...
What's 10 large among advisors and clients? CHicken Feed. Cluck, cluck....