Live cattle is still very much bullish. I'm only gloating at this point, because my position is doing very well.
I was following this chart for a while, saying that it was going to go up, and it did go up. This is a needed boost for my confidence at the moment because my stock positions are in a tactical drawdown.
I do not like stocks. Not on a boat. Not on a goat.
I have been following live cattle for a while. I chose it because it seemed like a really random market that I wouldn't be bringing any market prejudices along with me, therefore, might help myself to trade it with a clear eyes.
I feel like I am seeing the market clearly, at least to the best of my present ability, and that live cattle is in a very favorable...
We got a small bounce at an important level, and now we are waiting for the trendline to break which would tell us it could become a big bounce.
At the moment we have price hesitation which turned into a pro gap. That's a good bullish sign. But, this downtrend has been very strong, and I'm not willing to be a minute trader for LC. This causes me to wait for the...
It looks really good to me.
I have an incredible lazy streak. It's possible this only appeals to me so that I can take some action and stop paying attention every day. Obviously, this is not the ideal characterization of a profitable trader, but I'm still doing a good job convincing myself it's a high probability outcome.
Sooner or later I'm going to become...
