Posts Tagged ‘Soybean’

Gained $3462.50 in Soybean

Saturday, May 17th, 2008

Closed Long position today at $1388.25 after making a high of $1402.00. My gain is :-

1319.00 - 1388.25 = 69.25/0.25 X $12.50 = $3462.50

Very good for a one day position - YEAH!!

Soybean

Friday, May 16th, 2008

Soybean made a retreat today of more than $65 today.  Took the opportunity and went Long SN8 at $1319.00 after touching a low of $1311 and since it was already 12.45 am and I felt quite comfortable with my entry, I keyed in $1357 which I saw as a resistence and went to bed.

So happy when I checked in the morning to see that it’s trading at $1360 .  However, my sell order was not done because it was off trading session.