hey bud i forgot your number again man text one more time lol. I've been trying to text and getting land lines and shit. Thats good that yo have a job like that, it's nice to stay grounded. when yo done with school? thanks again for the coffee shorts!
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Youngtrader's Commodity Journal
- Thread starter youngtrader
- Start date
i agree on corn call me tomm and well bounce option ideas off eachother. im gonna short corn tonight
Quote from Rtrader2525:
hey bud i forgot your number again man text one more time lol. I've been trying to text and getting land lines and shit. Thats good that yo have a job like that, it's nice to stay grounded. when yo done with school? thanks again for the coffee shorts!
lol no prop I'll txt ya sometime today man. I got done with school last Friday so its been great just kickin back without any school man.
Sold 2 more sep coffee at 137.90 average is now around 139.30 for 3 contracts. Coffee just feels weak here guys.
Nothing to say about those corn straddles
hogs are hogs
Nothing to say about those corn straddles
hogs are hogs
Quote from sophiekay:
Youngtrader, you are to be commended!
A kid your age taking an interest in trading. It warms my heart. You should be very PROUD of yourself! Keep up the good work.
And remember to save your pennies for trading.... There is no upside to working for someone else.
sophiekay
Thanks a lot man......I really appreciate it!
Good trading to you
did you get one in last night lol? i wish i woulda shorted 5 coffee at 138.00! got two oj short at 105.00 and nothing else ive been trading NQ lately man and liking it much more than ES. Less choppy also good luck at work tonight!
Quote from Rtrader2525:
did you get one in last night lol? i wish i woulda shorted 5 coffee at 138.00! got two oj short at 105.00 and nothing else ive been trading NQ lately man and liking it much more than ES. Less choppy also good luck at work tonight!
lol you better believe it......it was a wild night!!! Yeah coulda woulda shoulda on the coffee man but oh fuckin well. I look at oj and too be honest I am too scared to short it until we get a little pop......it just seems overdue for a pop. Yeah NQ is a way better trade then ES imo.......its usually always better to play at the less populated race track if you know what I mean. Its like how everybody in forex trades eur/usd and usd/jpy always trading the pairs vs the dollar.......everybody does that! The key is to trade other currencies like eur/chf and eur/gbp.
Work is going to blow tonight lol!
Well everybody its going to be a very busy week this week. I still plan on holding on to my coffee and corn straddles but will be looking to get out of my hog spreads.
I also want to look at buying a july soybean 1400/1450 call spread for about 5 cents.........its a very short term play but with huge rain here in Iowa and the midwest (calling for more rain this week) hardly any soybeans are planted yet and that looks to continue this week. Technically we look like we could see a break above 1400 to possibly 1450 which would fill a gap made in early march.
I also want to get long sep kc/chi wheat spreads around 40. This spread is just starting to work its way higher and we have a lot bigger SRW crop than HRW.
I want to get long auggie/march beans too. Seasonal spread here and fundamentals support this trade. I think we will see this spread trade to at least 20 cents over because with tight stocks, late planting, strong demand this spread has to pop.
Last but not least I want to sell sep/march natty gas. Seasonal spread here and looks good on a chart.
Talk to you all tomorrow.
I also want to look at buying a july soybean 1400/1450 call spread for about 5 cents.........its a very short term play but with huge rain here in Iowa and the midwest (calling for more rain this week) hardly any soybeans are planted yet and that looks to continue this week. Technically we look like we could see a break above 1400 to possibly 1450 which would fill a gap made in early march.
I also want to get long sep kc/chi wheat spreads around 40. This spread is just starting to work its way higher and we have a lot bigger SRW crop than HRW.
I want to get long auggie/march beans too. Seasonal spread here and fundamentals support this trade. I think we will see this spread trade to at least 20 cents over because with tight stocks, late planting, strong demand this spread has to pop.
Last but not least I want to sell sep/march natty gas. Seasonal spread here and looks good on a chart.
Talk to you all tomorrow.
Hey Youngtrader. May I ask which broker you use and how much $ your are working with?