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victornewman
10 Th02 2018 14:30

LBS - LUMBER - SHORT on 484 stop on 550 Giá xuống

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LBS - LUMBER - SHORT on 484 stop on 550

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skykhan
Hi! Are you still keeping the shorts? I am also short from 472. Overnight charge is also too high. :(
victornewman
@skykhan, 550 my stop, it is higher than my usual stops (around 3 times) but on that stop my loss will be %3 of my total capital, that's why it's okay. This is a cost that you have to pay when you decided to play with bad boys (high fluctuation) such as lumber or cocoa...
skykhan
@victornewman, Thanks... Let's see what will happen. It can be 550, 600 or maybe higher in the short term. But it's pretty certain that one day it will be 400 and lower again. For the ones who can wait and tolerate high overnight charges.
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