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Theodore, Saskatchewan | Hi Buford,
I don't mind sharing. Yes still in the trade. Contemplating profits on it but feel there should be more upside....which may bring more volatility. It is worth mentioning that I was taking profit on a trade in Feb live cattle and rolling to June so that may have allowed me to enter the trade where others might not have.
On the June chart below is my entry. After the big pop higher I had an open buy order at 131 looking for a pullback. I used June as I felt the upside potential was better and less volatile. Seems to have worked looking at the April contract below with the same date entry I would have likely used ~140
You think it is time to take profits??
Now if a guy really wanted to make money I should have bought June hogs!
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(1-Fullscreen capture 13032014 85601 PM.jpg)
Attachments ---------------- 1-Fullscreen capture 13032014 85535 PM.jpg (41KB - 39 downloads) 1-Fullscreen capture 13032014 85601 PM.jpg (91KB - 51 downloads)
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