Omissions And Damaging ThinkingOmissions And Damaging Thinking. E-book. Formato EPUB - 9791222479149
di Alicia Wilson
edito da ALICIA WILSON , 2023
Formato: EPUB - Protezione: nessuna
I kept buying more and they kept selling to me until I had collected all the rotation contracts and had one hundred and twenty thousand bales of cotton in hand. A few days after I bought the last bales, cotton prices began to rise. And once it started, the market always did very well – the price of cotton rose from forty to fifty points in one day.<br />One Saturday – about ten days after I started the sale – the price of cotton began to rise. I don't know if there's still July cotton for sale anymore. I had to determine this, so I waited until the last ten minutes before the market closed. I know that is the time when traders usually sell and they can be safe when the market closes. So at the same time I placed four different buy orders, each for five thousand bales. This raised the price of cotton to over thirty points and the sale was easily completed. The market closed at a high level. All I did, mind you, was buy the last twenty thousand bales.<br />The next day was Sunday. On Monday, the Liverpool market is expected to open at twenty points to match the developments in the New York market. But instead, the market rose more than fifty points. That means the Liverpool market has exaggerated New York's developments two-fold. I have nothing to do with this market price increase. This shows that my inferences were reasonable and I was trading in the price direction of least resistance. At the same time, I don't forget the fact that I still have a large amount of goods to sell. The market may grow sharply or gradually, but it has never been able to absorb more than a certain amount of sales.
Ean
9791222479149
Titolo
Omissions And Damaging ThinkingOmissions And Damaging Thinking. E-book. Formato EPUB
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Editore
Data Pubblicazione
2023
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EPUB
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nessuna
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