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Tr8dingN3rd
Oct 11, 2023 4:12 PM

Frozen Orange Juice - Retirement Trade. Short

Frozen Concentrate Orange Juice A FuturesICEUS

Description

OK, this is just4fun peeps....or not? §8-)

Seeing OJ at the U-MLH with such a exponential run up, it is at least worth a "Shot".

...of course with managed risk and money management!

Don't go crazy with this LOL.

Cheers
...slurp...slurp...
Comments
nilmeanseo
I see loads of retail dumb money is already shorting this very small market. It could hit 500.
Tr8dingN3rd
@nilmeanseo, tnx 4 commenting.
OUCH...that hurt...the "Dumb Money" §8-)

Yeah, I know what you mean.
It's a crazy thin market, and therefore if one is brave enough (...or crazy enough?) to trade it, it has to be with super caution and proper risk management.
As always, if you put money on the Trading-Table (any Market/Stock/Future), you have to know the risk and know when to get out.
nilmeanseo
@Tr8dingN3rd, When it does drop, it will be steaper than your yellow line shows.
The Brazil harvest looks good.
The storm season in the gulf is over, so barring a winter frost in Florida there should be lots of supply.
Tr8dingN3rd
@nilmeanseo,
Thanks for this insight!
I think you're absolutely right - it will drop like a Boulder in the Water §8-)
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