(Originally posted Friday March 19, 2004)Tucked up my stop in the May corn. My broker just phoned to tell me I got tagged on the close at 312 1/4. Grabbed a little from my entry at 309 but next week will tell the tale won’t it. I was watching it hover around the 314 resistance…
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Drop the Shorts and Go Long
(originally posted Thursday, March 18, 2004) Shorted the May corn again and got myself in a jam dealing with this serious bull market. I’ve closed my shorts and gone long. Ironically this usually signals a reversal. Don’t you sometimes just feel they’re waiting for YOU…the last hold out. But seriously, during this phase I’ve had…
Like a Scalded Cat
(Originally Posted Thursday March 4, 2004) Busy little beaver the last couple of days. Closed the beans only to short them again along with corn. They’re just too strong so even after a downer day I covered both. I think I could have held overnight but I was anticipating a rally into the close and…
I Deserve Everything
(Originally posted, Tuesday March 2, 2004) Well that’s a little more like it. God, after 10 straight losing trades I was beginning to have my doubts. Not really but those slumps are certainly no fun. Several more quick give-a-ways in corn and a couple of Forex mistakes, then followed by getting stopped out in Silver….
Clipped in the Corn
(Originally posted Monday, January 26, 2004. 16:35) Not too comfortable tonight after the corn husking, missing coffee and watching my short cotton put me to sleep. Tomorrow’s another day and I’ve got to work to get back some focus. Way too much going on with life in general. The biggest drawback for my trading is…
The Donald meets The Apprentice
(Originally posted Wednesday, January 21, 2004, 09:38) Should have mentioned I also put on a short March Cotton position at 75.45. I’m seeing the resistance and the run-up to be losing momentum. I’ll need to watch this one because although it’s a nice entry off of retracement, it could just stall short term and resume…
Balls to the Wall
(Originally posted, Tuesday, January 20, 2004, 18:59)That’s the sweetest isn’t it? The bean oil stop loss pulled down on Friday to my entry of 29.81 was one itty-bitty ticky above the high of today. What a delight when the market comes that close and doesn’t take you out. I tucked it down to entry just…
Watch in Denial
(Originally Posted, Sunday, January 18, 2004, 24:52) I forgot to mention earlier the coffee short I took off with just under $100 profit. I watched in denial three days of bouncing off support. When it finally approached my entry point again I dumped it and then reversed to long. The subsequent rally confirmed my belief….
Time to Regain Focus
(originally posted Saturday, January 17, 2004, 11:26) Well it feels like it’s been forever since checking in but I see by the last date it’s justover a month. Not so long considering the major events that have gone on. I lost myfocus completely over that time. We’ve had a mad cow wipe the floor with…
Greed Raises its Ugly Head
(Originally Posted Monday January 26, 2000, 16:34) Not too comfortable tonight after the corn husking, missing coffee and watching my short cotton put me to sleep. Tomorrow’s another day and I’ve got to work to get back some focus. Way too much going on with life in general. The biggest drawback for my trading is…