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Buxton ND | Here's the way it works.
I buy/sell something on Tuesday the 27th, as Don did with beans that evening 9-10pm I get a email statement from the brokers head office that says.
DATE -SETTL- BUY/SELL- CONTRACT DESCRIPTION EX TRADE PRICE CC DEBIT (-)/CREDIT
12/29/6 MAR 17 ROUGH RICE A 9.50 1/2 US 210.00
1* CLOSE 9.61 210.00
AVG LONG: 9.505
This is the one I did on Rice when I rolled F to H- Jan to March - I DO NOT DO DELIVERY'S PERIOD.
Its easy to see the number of contracts and your AVG LONG price.
So its very easy to be up front and honest.
I lost 692.02 on that F rice, currently I'm up about $425 long H
AGAIN, up front/honest and truthful
Vulcan900 AMEN to your post ! ! ! | |
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Upside Key Reversal in Soybeans!
