Thursday 31 December 2015
Stopped out at price, 37.48
31 Dec – Buy 36.98
31 Dec – Sell 37.48
Gain = 50 tics $500 less $15 commission per contract
The increased risk by $278 +/-, influenced the handling
of the trade. Crude is decidedly in a down trend, so the
odds of a strong sustained performance from the long
side is low. A profit within that environment is a profit.
This ends the month with a minor loss from the corn trade.