Sugar

Discussion in 'Commodity Futures' started by yabz, Jan 17, 2019.

  1. yabz

    yabz

    Going long, reversing my short position which I initiated in mid Nov.

    Made a loss of 2.7% on my short position.

    Sugar has been choppy for the last year. Hopefully a trend will emerge....
     
  2. RedDuke

    RedDuke

    Hi Yabz,

    We planning to trade Sugar and Coffee soon. Just curious how are actual fills on Sugar and Coffee (if you trade it). Basically what size causes what slippage? I know that they are thin.

    Thanks,
    redduke
     
  3. bone

    bone ET Sponsor

    If you trade between 9:00 am to about Noon US Eastern time you will be just fine. We've done very well for ourselves with Sugar and Coffee - it's not as thin as possibly you have it pictured in your mind during those hours. The prompt month spreads are a few hundred up. Cocoa's not a bad trade, either.

    Cotton, on the other hand, is both thin and stupidly volatile.
     
    drm7 likes this.
  4. RedDuke

    RedDuke

    What would be sugar and coffee slippage on let’s say 10 contracts trade?

    Thank you
     
  5. bone

    bone ET Sponsor

    During the trading hours I mentioned my guess is one tic in the prompt month if you hit a bid or lift an offer.
     
  6. RedDuke

    RedDuke

    Thanks a lot. That is actually really good.
     
  7. yabz

    yabz

    Reversing long and going short. Made a 5% loss on the long position...

    I wish sugar would make up its mind whether to go up or down....
     
  8. Gedigan

    Gedigan

    Looks to me like Sugar's about ready to turn bullish.

    Wk 6-7-19.png