Sunday, December 07, 2008

Weekly Futures Positions Review - December 7, 2008

Top posts from the past week:

A review of my futures trades from the previous week:

Other existing positions I've got:
  • Short the British Pound - I plan to hold this position until the GBP hits a 15-day high against the US dollar.

My wish list...and it looks like these commodities are at least starting to form a bottom, at last:
  • Sugar
  • Coffee
  • Cotton
  • Natural Gas
  • Silver
  • Crude Oil

Open positions

Date Position Qty Month/Yr Contract Entry Price Last Price Profit/Loss
10/10/08 Short 1 DEC 08 British Pound 1.6870 1.4742 $13,300.00
Net Profit/Loss On Open Positions $13,300.00

Account Balances

Current Cash Balance $37,270.43
Open Trade Equity $13,300.00
Total Equity $50,570.43
Long Option Value $0.00
Short Option Value $0.00
Net Liquidating Value $50,570.43

Cashed out: $20,000.00
Total value: $70,570.43
Weekly return: 1.7%
YTD return: -8.3%

***"Cash out" mostly means taxes, but lately I've also been using it for living expenses, and also to finance a cool new time management software startup that is starting to lift off.

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