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TFC Commodity Trading Forum

Re: Corn - The way it ended
In Response To: Re: Corn ()

On Sept 19th I posted..............

8:58 am est

order entered= buy 3 cz @ 372.25
If filled sell 3 cz @365.25 Risk 7 cts ($ 350.00 x 3 ) Spike always said "Tight Stops."

If it fills the gap I will be happy. If it goes to the moon i will be tickled pink. If it goes down I lose a grand.

About 40% of the time my way of trading works 100% of the time. Notice I didn't say system.

Oct 4th.

I got stopped out of my trade.

Oct 1st

I sold 1 contract @ 386.00 and moved the sell stop to 373.00 on 2 remaining contracts.
On the morning of Oct 2nd I moved the sell stop to 384.00 to preserve some of the last two days moves.

13.75 cts on 1
$1862.50 in 15 calendar days