Sunday, March 02, 2008

Weekly Positions Update - 03/02/08

What a crazy week! Not complaining at all, just trying to hang on and enjoy the ride!

Have to be aware that a correction at this point could be sharp and nasty. But no reason to sell on this amount of strength - just fasten your seatbelts!

Open Positions
Date Position Qty Month/Yr Contract Strike Call/Put Entry Price Last Price Profit/Loss
02/14/08 Long 1 MAY 08 Cocoa

2535 2743 $2,080.00
02/14/08 Long 2 MAY 08 Cotton

71.26 81.86 $10,600.00
02/28/08 Long 1 MAR 08 Japanese Yen

0.9501 0.9711 $2,625.00
02/14/08 Long 1 MAY 08 Coffee 'C'

154.25 165.25 $4,125.00
02/14/08 Long 1 MAY 08 Coffee 'C'

155.10 165.25 $3,806.25
02/22/08 Long 1 MAY 08 Coffee 'C'

162.50 165.25 $1,031.25
02/14/08 Long 2 MAY 08 Rough Rice

16.265 18.220 $7,820.00
03/03/08 Long 1 MAY 08 Rough Rice

18.215 18.220 $10.00
02/27/08 Long 1 MAY 08 Soybeans

1488 1560 1/4 $3,612.50
03/03/08 Long 1 MAY 08 Soybeans

1559 1/2 1560 1/4 $37.50
02/14/08 Long 1 MAY 08 Sugar #11

13.79 14.65 $963.20
06/04/07 Long 1 JUL 08 Sugar #11

10.05 14.74 $5,252.80
08/01/07 Long 1 JUL 08 Sugar #11

10.48 14.74 $4,771.20
12/20/07 Long 1 JUL 08 Sugar #11

11.37 14.74 $3,774.40
01/02/08 Long 1 MAR 08 Swiss Franc

0.899500 0.9667 $8,400.00
02/19/08 Long 1 MAY 08 Mini Soybeans

1417 1534 $1,170.00
02/22/08 Long 1 MAY 08 Mini Soybeans

1425 1534 $1,090.00
Net Profit/Loss On Open Positions: $61,169.10

Account Balances
Current Cash Balance $82,697.93
Open Trade Equity $61,169.10
Total Equity $143,867.03
Long Option Value $0.00
Short Option Value $0.00
Net Liquidating Value $143,867.03

Cashed out: $5,000.00
Total value: $148,867.03

Weekly return: 22.1% (!)

5 comments:

Anonymous said...

Brett
Is there any way you can post when you make a new entry?

Saying Yen here Sunday night is useless if the entry was 200 lower

Thanks
Ken

SugarHigh said...

Ken,

Thanks for your interest in live trades. I did that a little while back, but it ended up being quite a bit more work.

But I may pick that up in the future - maybe have an option for live email alerts - if there's interest.

Brett

Anonymous said...

Hi Brett,

I'm definitely interested in live trades/email alerts...
Enjoy reading your blog, keep up the good work !

Regards,
Bert

Anonymous said...

Brett
I really enjoy reading your post and will try commodity trading myself. I would be interested in the live trades email alerts. How often do you reposition or monitor your portfolio to get this type of return? My crappy job unfortunately doesn't leave me enough spare time to stay informed the way you do. I wouldn't mind paying a bit for some of your advise if you could send it my way.

Rob

SugarHigh said...

Rob,

Cool, glad to hear it and thanks for reading. I probably take a look everyday to see where things are heading, monitor stops, and potentially add to new positions. Realistically I think you could do this in 10-15 min.

The research definitely takes more time, but I try to help you out by posting things I find interesting within the context of the bull market we're experiencing.

Hear ya on the crappy job and keep the faith - that's why we're all trading, to try and get to a better place!

Will keep you in the loop on the email alerts and such, am thinking things over about a good approach for that.

Brett

Most Popular Articles This Month