Soy Meal Exit

Friday  31 March 2017

Stopped out at price, 313.8

29 Mar – Buy 315.8
31 Mar – Sell 313.8

Loss = $2, $200 plus $15 commission per contract

This turned out to be a “C”-grade trade after entry, based on
how the market did not continue higher.  Sometimes, these
kinds of trades take a few days before working out [or not],
so we gave it room only because the stop was a close one.

 

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