Definitely. My target was a bit too far...And then it retraced...But when we are at extreme prices, you always hope it may go back to normal, even unconsciously, that is why when it went underwater, I was still holding...
Actually I rechecked and it didn't went positive. I went long on Nov 20th. You thought I was in for much longer I guess.
I've had the worse luck with the hog market. The last two trades I put on - immediately in my face. Like Karma for every BBQ pork rind I've ever consumed. Cattle, fine. Grains, fine. But those Hogs...
BOUGHT 1 ZO Mar'19 @ECBOT @ 285.25, the trend is higher, higher lows and within +/- 1% of the 40 day moving average has been good buying so far. Stop at 280. Initial target 320