which, in realityis perfectly with me. Since I usually use a minimum of 15 days as my judgment on these trades, a week or two of sideways trading is great, because it triggers the stop - and therefore reduces the risk on trade.By entering into this trade earlier this month, we really use cents 13.50 as the judgment. After a few weeks of sideways action, we may collect as up to about 15 hours, or even 15.50.
Source: Barchart.comFor the underlying reasons and the motivation behind this trade, see the article I wrote for hard active investor: why we are setting for a rally in the rice.
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