Sugar Not So Sweet

Among the plethora of good ideas and good trades lately comes this stinker on which I’ve turned a nice profit into a disgusting breakeven (actually, a loss by the amount of commissions paid) turd of a trade.

Sugar had it all (except the chart, as noted weekly in NFTRH); the CoT structure, the contrarian sentiment and the seasonal; and maybe it will go on to fulfill a bullish outcome. But it will do it without me. So when I show more highly successful ideas and trades you will have a point of reference that this is not a guru site that only shows you its outstanding successes. This one sucked, frankly. I am disgusted, but like a good cornerback, will have a short memory (other than productive lessons learned).

sugar seasonal

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