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TFC Commodity Trading Forum

Re: Load up the bean boat...
In Response To: Load up the bean boat... *PIC* ()

I hate gaps so much, I prescribe the following for your bean boat loaded up with X numbers of bean contracts...preferably more than one.

if you loaded the boat with X...sell 1/2 X with a 4 cent trailing stop off the high.

Then establish a sell stop somewhere above entry that ensures coverage of commission and maybe some small profit just to congratulate yourself.