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Q: Commodity Futures Statements ( Answered 4 out of 5 stars,   0 Comments )
Question  
Subject: Commodity Futures Statements
Category: Business and Money > Accounting
Asked by: buscar-ga
List Price: $2.50
Posted: 25 Oct 2002 18:50 PDT
Expires: 24 Nov 2002 17:50 PST
Question ID: 90002
I can understand my stock broker's statement, butI cannot find a site that
explains how to understand statements from commodity futures brokers.

Request for Question Clarification by easterangel-ga on 25 Oct 2002 20:12 PDT
Hi thanks for visiting us. Just to clarify. Do you need a glossary of
terms about commodity futures? I think it would be helpful to provide
us of the words you don't understand in the statement. Just let me
know. :)

Request for Question Clarification by aceresearcher-ga on 26 Oct 2002 20:37 PDT
buscar,

Do you have a specific statement from a commodity futures broker which
you are trying to interpret? The broker's name and/or website might
prove helpful to researchers.

aceresearcher

Clarification of Question by buscar-ga on 27 Oct 2002 08:26 PST
Yes, it's the form of the statement I don't understand. It's like
looking at your bank checking statement and not being able to figure
out which checks were
outstanding and how much cash there is in the account.

All commodity broker statements are done the same confusing way. Two I
have experience with are Rosenthal Collins Group, L.L.C. and Man
Financial Inc.
I have been to their web sites without success.

Buscar
Answer  
Subject: Re: Commodity Futures Statements
Answered By: aceresearcher-ga on 01 Nov 2002 06:19 PST
Rated:4 out of 5 stars
 
buscar,

It's a little difficult to help you understand your commodity futures
trading statement without being able to see the actual statement.
However, I have found a couple of resources on trading sites that may
help you decipher your statement.

I found a great instruction page on interpreting a sample commodity
futures trading statement at World Link Futures' beginner trading
site:
http://www.worldlinkfutures.com/ptacteg.htm

Another such example is at The Weekly Analyst's website:
http://www.theweeklyanalyst.com/coursemanual/#Understanding%20your%20Account%20Statement


Search Strategy

commodities futures interpreting "account statement"
://www.google.com/search?q=commodities+futures+interpreting+%22account+statement%22&hl=en&lr=&ie=UTF-8&oe=UTF-8&filter=0

commodities futures sample "account statement"
://www.google.com/search?hl=en&lr=&ie=UTF-8&oe=UTF-8&q=commodities+futures+sample+%22account+statement%22&btnG=Google+Search


Before Rating my Answer, if you have questions, please post a Request
for Clarification, and I will do my best to help you out.


I hope this information gives you exactly what you need!

aceresearcher
buscar-ga rated this answer:4 out of 5 stars
Generally helpful. I now have to interpret to my particual statement.

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