1. Think of yourself as having a ten week internship as a commodity futures trader. You are a commodity trading advisor (CTA) and I am a commodity pool operator (CPO). You have $1,000,000 of my money to use for margin.

2. At the end of the ten week trading period, you are required to write me a report explaining why you should be retained as a CTA. A first draft of the report is due April 2, 2020. This draft will be 10% of your grade and returned with suggestions for improvements. I expect the first draft to be an honest attempt to meet the requirements of the assignment. If I conclude that this draft is not salvageable you will forfeit your right to submit the final report.

3. For the reports to receive a high grade they must

   1. 4.1 Be well written i.e. no spelling, punctuation, or grammatical mistakes.

   2. 4.2 Convince me (it is my money after all) that you were serious and thoughtful about

      what you did. What approach did you take? How did you acquire the information

      required.

   3. 4.3 Explain your approach to risk management.

   4. You can only trade commodity futures and commodity futures options. That is commodities like corn, copper, oil, pork bellies, wheat, coffee, sugar, cotton, etc. You CANNOT trade interest rate futures, stock futures, stock index futures, or currency futures. It is my money and all you are authorized to trade are commodity futures and commodity futures options.

Answer rating: 100% (QA)

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