Almost forget the blog entries this week. Fortunately I remembered it.

The right thing:

I would think I did two things right last week. The first thing is keep spread in soybean. I thing the price for soybean in the future will narrow. And the price data of soybean shows more stable, compared with wheat and corn.

And I would think the second thing I did for the past week is that I offset my positions in wheat and corn on Tuesday, the day after Sandy came in NewYork. Because I think the Sandy would make the market fluctuate and unpredictable. Wheat and corn are complicated in world market, such as Thai’s policy, Ukraine export policy, the influence of Sandy and complicated weather in China. China is one of the largest demand in the world. And recently it shows different weather in Southern and Northern part, according to the previous observation. I’m confusing about the market trend thus I choose to stay in soybean. Because soybean would not be influenced immediately.

The wrong thing

I didn’t buy or sell any new contract last week, just hold the contract I have two weeks ago. I thought that I could not handle the effects of Sandy. But then I lost some chances to make money from short position. And when the report comes on Friday, I could not find the respond point in trade exercise.

But I felt confused when the contract would finish pending after I click it. Sometimes I saw they show at the same day but sometimes tomorrow..