Jump to content



Photo

Coffee futures up 360% on swings in less than a month


  • Please log in to reply
1 reply to this topic

#1 diogenes227

diogenes227

    Member

  • TT Patron+
  • 4,516 posts

Posted 05 October 2017 - 01:31 PM

From the link:

 

 

Coffee futures, short for 13 lucky days, closed today with an end-of-trade gain of $2,976 on a margin requirement of $2,970 per contract. Doesn’t that seem kind of mystical?

 

For more discussion and a chart:

 

Coffee futures up 360% on swings in less than a month

 

Good luck and good trading.


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#2 diogenes227

diogenes227

    Member

  • TT Patron+
  • 4,516 posts

Posted 06 October 2017 - 04:03 PM

From the link:

 

 

Coffee futures, short for 13 lucky days, closed today with an end-of-trade gain of $2,976 on a margin requirement of $2,970 per contract. Doesn’t that seem kind of mystical?

 

For more discussion and a chart:

 

Coffee futures up 360% on swings in less than a month

 

Good luck and good trading.

 

From the link yesterday:

 

 

The contract, after adding this swing’s 100% gain to that total, is now long on today’s close.

 

Today:

 


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."