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95% sold on corn but want to capture potential upside
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hwdcne
Posted 10/11/2014 15:44 (#4120244 - in reply to #4120187)
Subject: RE: 95% sold on corn but want to capture potential upside


Soutwest Ks.



 Mar calls
from my exp, many prod only get HALF of the complete picture - sometimes it pays to put in more sweat capital.
 Not sure I follow your post.  Are you saying I should do March calls and at what strike price?  I don't mind taking a risk as long as there is reasonable chance of making a profit. What did you mean by the statement that "many prod only get HALF of the complete picture"? At one time a few years ago, I rode the corn market up to the tune of about $1.5 if I recall before I dumped.  My broker told me at that time he had never seen anybody with as much patience as I did on that one.  I told him, I didn't really make money, I was just recouping losses from selling my corn far too cheap that year.  I do find however as I get older that I no longer have the stomach for a lot of trading and risk taking.



Edited by hwdcne 10/11/2014 15:49
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