The Road Ahead
Since I have already got a great lost in last two weeks, I reviewed the prices for all contracts I have committed. I find out that I lost not because of my predictions were totally wrong, it is because I did not stay in the market for long enough time so that my prediction become true. For instance, I short on S3H with three contracts price in 1612.00, Sep. 18th , today’s S3H’s price is 1529.5. I would have earned more than 100 dollar per bu if I stayed in the mkt constantly. However, I only gained 3976 dollars for these S3H contracts because I jump in and out. This week, I decided to hold what I have for a longer period of time and try not be panicked by little lost within few days.
$3976 is a lot! You did well! Hope you continue to make progress on your strategy as well as your investment.
Also, it’d be nice if you mention what was your equity balance on the last day before blog posting. 🙂