Short Cotton

[david666]

Never traded cotton before so unlike my other trade this is just sim, I have two zones

225-235

238-246

 

[S2007S]

Yea another historical high


Up over 100% last year

Up over 50% YTD


That is infuckingsane, when this bubble goes Cotton will be back below $1.25

BAL is above $116.00 right now up 5%!

If you can time this bubble right you can make very good money, Im neither long or short.

 

[david666]

so far down over 9% since my call

 

[david666]

Cotton is down over 11% since it touched my zone looking to take off a small portion here

 

[david666]

update

Cotton down over 14% since my call. Not one bit of heat on the play either

 

[BlackBison]

Great call.. where is your target?

 

[david666]

185-190

but then i will hold on to the remaining 45-50% for a possible homerun

 

[nazzdack]

Quote from david666:
----Not one bit of heat.....

1) There never is with "sim" trading.
2) The intra-day fluctuations would easily spook you when real money is involved. :eek:

 

[david666]

you can go check out my top call in the s and p

I dont get spooked easy