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I also went short cocoa, but at 972, earlier in the week. My method is also
simple...it's called scaletrading, and it has made me a lot of money in
cocoa. (Have to admit, other commodities have been tough for scale traders
the last two years. Deep pockets, which I don't have, help.) So there are
lots of ways to trade, many of them can make you money. Although I must
admit that, in the last year, a system which allows you to be short has
worked better in cocoa.
Larry
In a message dated 09/03/1999 4:11:51 PM EST, tinyeung@xxxxxxxx writes:
> ndeed I went short cocoa yesterday and it seems working so far.
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