I’m sorry for the lack of posts the past week – it was a really crazy week. I’m involved with a startup and we had a big pitch to give on Thursday, so the week just flew by. I caught up on the commodity news yesterday, and have a few things to post later this evening.
On a personal note, I recently left my job (this is a very good thing) – so for your added entertainment, my futures account will also serve as my sole source of income for the time being, as soon as I run through my relatively meager savings. C’mon grains – Daddy needs a new pair of shoes!!!
Hopefully the added pressure won’t mess me up – I realize I need to be a bit more conservative with the leverage, as I really can’t afford a large draw down. Of course this would be a great time to get the follow up sugar rally we’ve all been waiting for 🙂
|Current Cash Balance||$100,956.56|
|Open Trade Equity||$240.00|
|Long Option Value||$0.00|
|Short Option Value||$0.00|
|Net Liquidating Value||$101,196.56|
Cashed out: $10,000.00
Total value: $111,196.56
Weekly return: 0.2%
YTD return: 42.6%
***BTW, I usually “cash out” money just to pay taxes. So total value is all pre-tax. Going forward, I’ll be cashing out to pay the rent also – no slack in the system for hookers and booze, that will have to wait for later in the commodity bull 🙂