Second blog for stock trade

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.

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