While the commodity trading account was struggling a bit through the last half of September, the positions in the portfolio have really begun to turn around.
Among the best positions to turn around are the cocoa and cotton that were quite a ways under water and have finally begun to go our way. As a matter of fact the cotton trade is even as of today. The cocoa trade is starting to take off as cocoa begins to move into a potential crash mode as was seen in the action today.
Below are the closed trades in the commodity account and while the performance is below my expectations, it still carries a pretty good annualized return and the tracking of the account is still in the early stages. These performance numbers should do even better as the current open positions in the account improve.
LONG LUMBER - STOPPED 9/12/07 LOSS (-17.3%)
LONG COTTON - SOLD 9/05/07 PROFIT +29%
SHORT GOLD - STOPPED 8/31/07 LOSS (-11%)
LONG LUMBER - STOPPED BREAK EVEN
SHORT SOYBEANS - STOPPED 8/23/07 PROFIT +17%
LONG HOGS - STOPPED 9/18/07 LOSS (-15%)
LONG COPPER - SOLD 09/21/07 PROFIT +78%
RETURN SINCE INCEPTION 08/01/07 - +11.52%
ANNUALIZED RETURN..... +68.16%
3 Winning Trades
3 Losing Trades
1 Break Even Trade
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