was in 3 Long corn/short wheat....... spreads.......
Long corn from $4.00
Short wheat from $4.63
63 cents to the spread.........
exited the 3 wheat shorts this A.M. at $4.59 for a $4.59 for a 4 cent profit on 3 contracts (+$600).......
this left me long 3 corn from $4.00 only.........
the markets then proceded to rally and i sold the wheat back at $4.63 for another $600 profit......... thus putting me back in the spread......
so the buying and selling of wheat today, acted like a day trade in which i made $600 only.............. however the spread moved in my favor another 3 cents today, in which i picked up another $450 and still in spread...
so i made $1050 today and am still in: Long corn/short wheat spread..
havent been around alot lately...........
18 month plan to fulltime trading is preceding nicely........
Long corn from $4.00
Short wheat from $4.63
63 cents to the spread.........
exited the 3 wheat shorts this A.M. at $4.59 for a $4.59 for a 4 cent profit on 3 contracts (+$600).......
this left me long 3 corn from $4.00 only.........
the markets then proceded to rally and i sold the wheat back at $4.63 for another $600 profit......... thus putting me back in the spread......
so the buying and selling of wheat today, acted like a day trade in which i made $600 only.............. however the spread moved in my favor another 3 cents today, in which i picked up another $450 and still in spread...
so i made $1050 today and am still in: Long corn/short wheat spread..
havent been around alot lately...........
18 month plan to fulltime trading is preceding nicely........