Crude Oil

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.

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