Quote:
Originally Posted by Samir
As of 9:30am Est this morning, Coffee Futures are trading above 105. I was not expecting price to react so quickly but I'll take it  . I am already up over $1200 and I've moved my Stop to 103.30. Now, not only will I not lose any money but if things go south from here, I will still earn a minimum of $375. |
Hi Samir,
That's awesome!
I think it is important to use stop-losses with this kind of thing... You can watch your losses go down, believing it will reverse - until you've lost a lot more than you should have... It's easy to do...!
(Spoken from experience.
)
Best wishes,
Dien