CBOT:ZC1! Corn Futures
This is my first trade in the project 1000x. Both monthly and weekly views show that there is still place for the bears to push the price lower. We had a good red candle with crossover at a key TL. Hidden divergence is in play, too. Thus, I risked somewhat $500 for this is my first trade in the series where I take the challenge of turning a grand into a million. In each trade, I will risk half of the capital I reserve for this project, finally reaching $1M with trades having at least 1:2 RR. For the details of the project, you may visit http://project1000x.blog.com.
Trade closed: stop reached: If only I put my stop a dollar away!