Sugar update
By:Commodity kid
Date: Thursday, 19 December 2013, at 10:01 am EDT
Sugar has been gring lower and possibly put an end the 3rd wave of the 5th.
Putting a small position on at 1594 march contract as I'm expecting a 4th wave higher
to begin back to the 16.83 level for a 4th wave.
Ahem... This morning's low of 1510 march jabs a $1000 loss stick in your eye on a single solitary lonely one lot contract.
I see you still got the touch, as ever.
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And on your twitter page you state:
"commodity kid @commodity_kid Nov 7 @chrisbeanie1****-*- I hate to brag… but I'm the greatest elliotician ever"****
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Oh, and lest we forget. That corn, you still long from just below $6? Now around $4.
Almost a $10,000 loss on a single corn contract . How is that handled in the real trading world? Rolling over or what?
Yet on yout new blogspot site you write:
Commodity Kid -Traders looking for a way to enter and exit markets with minimal risks
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Re: Sugar, corn and crude / coffee
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.
Well, we did see and rather quickly, too. Within about a week of that coffee purchase it crashed hard, a single contract each of what you say pulled the account down $8000. An 8 Grand Loss after just a single week at minimal exposure... Dang!
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It appears you from Miami, FLA
Back in my day all the boiler room operators hailed from there
Not saying that you are such, mind you, but, if you have the time,
would you please state your profit/loss on outstanding positions and closed recommendations somewhere on at least one of the various sites you post on? It is so difficult to follow your stated recommendations since you rarely if ever link back to anything ever said previously. Just an oversight most likely, but it would make it alot easier to track the progress of your recommended positions. Thank you. And good (paper) trades to you!
No offense, I just have the unfortunate affliction of reading, remembering what I've read and tracking specific recommendations as price unfolds. Its a bad habit, I know...
