Can you believe this chart? Timing in trading grains is essential. If you got out of this first long trade too late, you would have been selling into a panic of long traders trying to get out just as everyone else was doing the same.
The lesson? Don't get greedy. Take you profits! And the corollary is to take you losses early. That way, you stay in the game to play another day!
Showing posts with label greed. Show all posts
Showing posts with label greed. Show all posts
Tuesday, January 8, 2008
Wheat - the manic depressive grain!
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