Monthly Archives: October 2012

Week 6 – Cool Sources

Another “should have been no brainier” source of information is Google News. https://news.google.ca/nwshp?hl=en Instead of searching the web, click on news and search for a particular commodity. A vast array of news from different sources will will appear like any other … Continue reading

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Week 6 – Made Money. Now What?

What is the plan now? I’ve been trading wheat since week 1 and I’ve been conisistent with the factors I’ve been looking at. Weather will continue to play a role in production for the different major players and I will continue … Continue reading

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Week 6 – Best Week So Far

It’s week six and finally I have gone above break even! Due to my smashed car window I wasn’t able to do any trades at the start of the week. It was kind of a blessing in disguise (I guess) … Continue reading

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Week 5 – What’s Cool

I don’t know why it took me this long to use an iPhone app for this trading game. (Thanks Gabi!) An app that’s useful to use for news on commodities is The Crop Site by Benchmark Holdings Ltd. It’s an … Continue reading

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Week 5 Regained Some, How To Regain All

What is my plan to regain all my losses? The plan remains the same for wheat. It is important to take a look at the production conditions in Australia and in the EU. If conditions continue to move in a … Continue reading

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Week 5 (and Things Are Looking Up, Literally)

It is week 5 and things are looking good for me. After week 1 I lost some money, I regained proper form and got some of that back. For weeks I’ve been reading about the production problems in various parts … Continue reading

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Week 4 – New Stuff

Here is a website that I’ve found with different news on wheat to get a perspective of how things are going: http://www.agriculture.com/markets/analysis/wheat/wheat-falls-on-dem-concerns_11-ar26879 Here is one that I’m going to use as well to see how the currencies of the different … Continue reading

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Week 4 Part 2 – Now What?

With my 3 trades for Dec wheat still long, I still expect prices to rise somewhat from droughts in EU and in Australia. I tried to add another trade for Mar13 wheat going long (http://www.guardian.co.uk/environment/2012/oct/12/wheat-corn-stocks-fall-2013-drought?newsfeed=true) with speculation that wheat stocks … Continue reading

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Week 4 – Regained Some of That Lost Money.. Sort Of

Week 4 ended with me gaining some of my lost money. What went good? From my previous research I thought that wheat prices would go up and as a result I went long on wheat. With my previous week’s trades “in-prices” … Continue reading

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Week 3 – New Site?

A new site that has different information on various commodities is the futures.tradingcharts.com website. Contains a variety of information on different commodities that includes production from different areas. Check it out! www.futures.tradingcharts.com

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