This weak trading has been a bit not too good in my opinion. I did do some gambles observing how the market prices were going. However, my predictions were far from correct.

Though there was declining pattern in wheat contract prices, at a point in time, this was beginning to revert back to an increasing trend so I longed. I observed the same pattern with Soybean contract and longed as well.  The reason why this was beginning to take an increasing pattern, in my opinion, could be due to the re-opening of US government because I felt that was some favourable news which could boots traders confidence. News about China increasing imports of soybean further consolidated my thinking that prices were going to shoot up. However, this did not seem to have an impact on commodity futures as prices continually dropped.

My portfolio balance dropped as prices further declined against my predictions. So I loss about 14 000 dollars on my general trading. My portfolio balance stands at $107, 534.78 and my return on investment stands at 7.53%, as against 23% returns last week.  I guess I still have some difficulty with the trading game because I wanted to buy corn contract as well but it wouldn’t just pick upon several trials though i saw that its trends were rising.