Honestly,I’ve been waiting for this day for so long.Finally,I lost money!

Yes, my current equity is $45093.41,almost $16000 less from the amount ten days ago.

What went wrong? I was busy preparing my mid-term and was kind of ignoring the trading thing.I left all my short contracts unattended in the market. So,I’m not surprised by incuring such a big loss.After all, losing money is unavoidable when you don’t take care of your money at all.

Aslo,I set 5 long corn(C2Z) buy-limit orders on Thursday and successfully plugged in the market at 742, whcih was the lowest price in that day. But on Friday, the corn price went down again, settling at 737.75. The reason probably is the lower-than-expected export sales.”This week’s export sales report shows actual sales at 140,300 metric tons. Traders were expecting between 150,000 to 250,000″^①

Anyway, I’m back to game now. A lot of things to explore.A lot of things to ask.I lot of things to learn. So, take heart!

Reference:

①http://www.agweb.com/article/end_users_skimp_as_corn_supply_is_divided_up/