Got scared out of corn early - I ended up selling at the break even mark. Wheat is now breaking down a bit, as are the rest of the grains. Time will tell if this is a breather, or if things were overdone during the past breakout. I'm leaning towards breather, as I think things are worse in the Midwest than many believe.
And how about coffee and it's 7-cent pop on Friday...don't we wish we were in that one :( Well prior to the breakout, it was the pure definition of range bound. So unless you caught it right on the breakout, it's really tough to kick ourselves over missing it. Hey, if it's really heading higher, we'll have plenty of time to get into the trade.
|Current Cash Balance||$85,680.27|
|Open Trade Equity||$4,476.90|
|Long Option Value||$0.00|
|Short Option Value||$0.00|
|Net Liquidating Value||$90,157.17|
Cashed out: $15,000.00
Total value: $105,197.17
Weekly return: -2.7%
YTD return: 34.5%
***BTW, I usually "cash out" money just to pay for taxes, rent, and cheap beer. So total value is all pre-tax.