Lanmar

Short Corn

Short
Lanmar Updated   
CBOT:ZC1!   Corn Futures
1
Short corn..
Comment:
Trade Reflection
Target Hit: Yes
Target Trailed, why: No
Stop Hit: No
Signal for entry: Strong Structure
Trend continuation post stop breach: N/A, breached after target hit - but even then no - proves poor stop placement.
Risk/Reward: 1:7.5
Poor Stop Placement: Yes, should have been at least at 426 for an aggressive stop. Conservatice stop should lie at 460.
Risk %: 1.9%
Reward %: 15.2%
Fundamental overlay: Minor
Would you take the trade today? What would you do differently?: Yes, Although profitable I'd shift my stop at 426 for a highly leveraged trade and 460 for a low leveraged trade.
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