- This closed on Friday locked limit up.
- 2 weeks ago : Op 522 Hi 528.8 Lo 465.8 Cl 465.8 (A)
- Last week : Op 460.5 Hi 528.3 Lo 454.3 Cl 528.3 (B)
- Incredible price action. 2 consecutive nasty reversals.
- (A) took out my trailing stop on my nice long position. Missed (B) as a result. Then again, perhaps fortunate not caught short given reversal (A).
- Trying to think how else I could have done better. Given my objective was 552, maybe I should have lightened up a lot more when I sold 522s (near objective). Then I could have sat out the pain of (A) with a stop below 452 on the remaining small position. Easy to say with hindsight.
09 October 2010
Corn : The One That Got Away
Labels:
Corn,
Trading Mistakes
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1 comment:
wow, that is some nasty price action !
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