This week I made a lot of trades to make up the loss of last week. Firstly, I bought feeder cattle at the price 1.23 and sold it at price 1.24 for 10 quantities. I bought lean hogs at price 0.43 for 15 quantities and sold it at price 0.45. This trade was a successful one, which brought me around 7000. The following part I will talk about my short trade. I went short soybean oil for 3 quantities at the price 0.36 and cover it at the price 0.35. I went short ZW/Z6 for 7 quantities at the price 4.11 and cover it at the price 4.09.I went Short ZK/X6 for 4 quantities at the price 10.13 and cover it at the price 9.98.

The only trade I lost money this week is for cocoa. On October 26, I went bought 30 quantities on Cocoa, based on its history price of 18 months. I bought it at the price of 2760 and sell it at 2755 and the price at present is 2735.It’s a good choice to sell it early in case of huge loss.

This week, I will pay attention to lumber, because the price has decreased to the lowest point for the recent 3 months. I read the news (7 October 2016) on lumber that during the first five months, lumber consumption was 14.2% higher than during the same period in 2015. One thing I am very curious that the demand of lumber in winter should be higher, but it doesn’t have that impact on the price.

The stock I bought this week experience great changes. Last week,I made money on short on  the OAT.I assumed that 2 dollar is a price that can not be easily break.However,my mind is just so  thoughtless.Stock trading has many factors to consider.

In the term of Pork Lean,I bought 15 quantity,which is the largest market value I was able to buy.Based on the 18 months history price,$0.42 is the lowest point.So, I made my mind to buy as much as possible at this point.There is less chance to loss.Overall,I got my total earn of 7850And I will pay more attention to this stock to observe the trend of Pork lean.

In the term of Feder Cattle,the history price is volatile over time.I feel hard to make decision just based on the history price.I am considering to sell it when the opening position of tomorrow is good.

In the term of Soybean oil,I went short for 3 quantity this week based on the history price of the last two months.

In the term of cheddar cheese, there is less possibility for it to go up in  a short of time.Since I  want to make profit in a short time.I will consider sell it when my loss shorten.And I can use money to buy other stock.

I have made some progress this week.And my rankings also go up !That’s really a nice start for my trade game.

In the terms of soy bean oil,this is really a variable stock.So,when the price goes up to 0.34.I just sold all the 10 quantities.Based on the history price,the area for  the price to rise is not so far.Thus,this stock is a little bit tricky for me.I made some money by selling soy bean oil.

In the terms of OAT,I have paid a lot  of attention on OAT this week.At the begining of this week ,I have huge confidence of this stock,so I set a limit Sell price of 2.2. However,I found that the price 2 is a ridge to conquar.When the price rises to 2,It will fall.This happened in this week for several times.Thus,I cancelled the limit sell,and sell all the quanties of OAT at the price of 2. This is the best trade of this week.I think that the price is going to fall after the price 2.This is a good opportunity for short. I decided to add my quantity to 16.My short price for trading OAT is 2.This is my first short trade,it is not filled to the market yet.It is until Monday that I will know how good is my decision.Will I make money?

In the terms of cheese.It is still declining.The price is still very low compared  to the previous price.I am still thinking of ways to balance the lost of this stock.Maybe I will go on short on this stock in a short period.But, I still think that the price will go up during the long period.

I started my first trade on October 10th.And I have earned interest around 45  before my first trade.Before making my trading decision,I browsed the price history of soybeans oil.Its history price is 0.35,so I set my limit price at 0.34.When the price close to 0.34,my trade will be filled into the market.It is until 6 pm that my trade is put into the market.However,It turns out that I lost money.The price of soybeans oil become steady since my trade,thus I didn’t earn money.

In terms of cheese,I just have a try and didn’t have much consideration.I bought it at market price.It is disappointing that this stock has a downward trend.I will wait and see whether the price will rise.I think I will consider selling it at 1.70.

In terms of  OAT,It is the only trade that i earn money.Before I made a trade,I checked the year chart of OAT.It seems that the price is really low compared to the history price.Good Opportunity comes!I bought 10 quantity at the market price of 1.977.And I checked the price at 4:30Pm on October 11th .The price rises to 1.99.It still has an upward trend.Hopefully,it will keep going.And I will consider selling it at the price 2.20.

In a word, it is important to check the history price before trading.