Easy trade - Like taking candy from a baby
A lot of people are talking about the rise in inflation right now. As traders, we need to take advantage of opportunities as they arise. In this issue of Masters in Trading DIGEST, I'm going to show you an easy trade idea that you can execute when copper trades cheap while inflation spikes.
Copper is a base metal that is found in large quantities all over the world. It has a wide variety of uses, from construction to electronics. Copper prices are highly sensitive to global economic conditions, making it a popular trading instrument for traders who want to profit from short-term price moves.
Copper is often seen as a barometer for world economic health, and it tends to perform well in inflationary times. This is because copper is used in a wide number of applications, from construction to electronics. When prices are rising, it is generally a sign that the overall economy is doing well.
Traders who are looking to go long copper should consider doing so when other correlated metals are trading higher. This will give them a better chance of success, as it indicates that the overall market is bullish for metals. Of course, there are always risks involved in any type of trade, so traders should always do their own research before making any decisions.
COPPER * PLATINUM * GOLD * SILVER
As a professional options trader, I recently pointed out that when other correlated metals are trading higher, it can be a good time to buy call options in a copper company. This is because it shows that the overall market is bullish on copper and that there is a high chance of prices increasing in the near future.
One simple way to trade copper is to wait for gold and silver to trade higher and then buy copper. This is a strategy that many traders use because it is simple and easy to understand. By following this rule, traders can avoid making any complicated decisions and instead focus on the overall trend in the market.
TRADE IDEA – Monday 8:54 AM
The idea was to bet on a short-term spike in copper. We want to risk a fixed amount ($100/per contract) with the potential of exponential growth.
We’re off to a good start but we believe $FCX can trade even higher.
Traders purchased the Dec $38.5 calls on Monday for $1.00; the high on those options today is $1.75.
That’s 75% return in two short days.
Masters in Trading Digest - Issue 143
Get MIT Digest!
Want FREE actionable trading tips and strategies like the ones you see here 3 times per week?
We're now accepting sign-ups, FREE for a limited time. Register below to join the Digest.
Unsubscribe at any time! Your email address will be used to send you Masters in Trading DIGEST issues.
Congratulations to the Masters in Trading Community members getting long $FCX. Great trade!
Until then, trade smart.
Thanks for reading,
Jonathan Rose
Get Masters in Trading Digest FREE!
Want FREE actionable trading tips and strategies like the ones you see here 3 times per week?
We're now accepting sign-ups, FREE for a limited time. Register below to join the Digest.
Unsubscribe at any time! Your email address will be used to send you Masters in Trading DIGEST issues.