Trader & Investor | Founder of Cerlogic
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Soybean oil trade, now closed - $ZL
What a ride it has been! Overall +40% from entry, initial risk of 1% turned to roughly +4% to the trading account.
Why exit? We've now entered the first short-term downtrend in a long time (8/21 EMA cross on daily). I'll revisit if it's reclaimed.