The short Soybean Meal August Trade is an exercise in patience.
The ride on shorts is bumpy positions should be retained once confirmed.
I believe I exited ZMQ9 at 340's.
After minor retracements its has continued short to the 317's level.
lets see the action in the pic attached.
I was already short from the 390 level. following through to these levels would have been very rewarding.
Also money management to avoid excessive draw downs so that I can take longer term outlook.
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