Monday, June 4, 2018

Stopped out of the rest of my corn this morning

Nice trade though.
The crop looks quite good at this point. I continue to believe that demand for corn is growing and will eventually push up prices. However, there is no fighting the US crop during the growing season. So I'll probably be out till the fall.
Tactically, this shows the virtue of scaling out instead of always letting your profits run. Lesson confirmed.

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