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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
Tagged FRE 501
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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
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
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
Tagged FRE 501
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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
Tagged FRE 501
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