EC Nebraska | Eripet10 - 9/23/2023 22:26
Atleast .50 upside , or is that being to hopeful for the future ?
If that is your goal, then set a hard offer when you buy. Say you buy July futures at $5. Then set an offer that will sell if the contract ever trades through $5.50. Do that immediately, not later.
Actually, it's better to set the offer at $5.49, but that's just me.
Don't be one of those guys who gets up in the morning, sees that it traded through your price target overnight, and then watches it grind lower to expiration.
Edit: Apparently it wasn't obvious that I meant that you SHOULD be one of those guys who sells for a small profit and then watches it go up another dollar. Because, most of the time, that doesn't happen.
Edited by NE Ridger 9/24/2023 14:46
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Selling corn and rebuying 101
