Paaals, I bet you all noticed a remarkable boom in the cocoa market. Well, here is the situation I had.
Some day I observed that the cocoa price came to the important multi-year resistenace level, at around 3750. So, I decided to wathc it closely, Here at Tredero I had robust platform to catch the break out. So, the price went above the resistance leve, and I entered the trade...! But boooy 😱 it immediately started to correct and to my bade I used a narrow SL ðŸ˜...I just missed a massive trend that happens once in a decade! I just was able to trade in and out during the advance of the cocoa price...profits were not so high...
Since the spreads were not so thin, I had to be careful in those quick trades...but if only I had not missed that long trade.