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Posts Tagged ‘futures trading with spread betting’

My trading approach – initial position, watch like a hawk, small gain, ease slightly, bigger gain, relax somewhat, look for trendlines. Small loss, finger on trigger, increasing loss, close out position.

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Coffee trade still on, set tight stops but market just continued higher today – slight correction from yesterday, set stops at 2156 (1), 2148 (1), 2146 (1) and 2120 (2) so only the 2156 got hit before price took off again and setttled at 2181. So still 4/5 of position still open may move [...]

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