Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
I forgot to say one thing. Think of a coffee tree with flowers as a pregnant woman. The healthier she is, the better for the baby right? The pregnancy is going to take some nutrients, fats and minerals from the mother, even if she prepared for it. The same for coffee.
And using my father words, "Sometimes you see a good flowering cause the trees have not much leaves to hide them".
He traded the 1964 and 1985 droughts. In 64 he started his position long at 8000 currency units/bag. He bought 20000 bags and sold a year later for 48000 currency units/bag. I have learned some from him and living here in the middle of the coffee country my whole life, I sometimes see things ahead of the pack, and that's not good most of the time. I don't need see it first, but the market is the one who needs to see it all. GT.