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A lifetime supply of coffee


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#1 diogenes227

diogenes227

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Posted 13 December 2017 - 03:40 PM

Swing trading the commodity has stirred up the supply...maybe a lifetime supply. yes.gif

 

FROM THE LINK:

 

 

I closed this trade earlier (covered too soon) but coffee futures officially closed its current down swing with a profit of about 134%.

 

Needless to say again, Coffee has been a stellar performer on swing trades this year. Calculated on the continuous contract, it is up $16,500 on swing trades long and short (short being best in retrospect). Sneak a peak at the last line of text below for the current initial margin requirement to see what “stellar” means.

 

For the "last line of text" and a chart:

 

COFFEE - WHAT COMES NEXT?


"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."