Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2018

Fair Value Disclosures [Abstract]

Summary of Assets and Liabilities Measured at Fair Value

June 30, 2018	Total		Level 1		Level 2		Level 3
Assets
Futures	$	1,531,065	$	1,531,065	$	-	$	-
Forwards		726,521		-		726,521		-
Total assets	$	2,257,586	$	1,531,065	$	726,521	$	-
Liabilities
Futures	$	731,733	$	731,733	$	-	$	-
Forwards		1,033,278		-		1,033,278		-
Total liabilities	$	1,765,011	$	731,733	$	1,033,278	$	-
December 31, 2017*	Total		Level 1		Level 2		Level 3
Assets
Futures	$	2,377,628	$	2,377,628	$	-	$	-
Forwards		1,275,513		-		1,275,513		-
Total assets	$	3,653,141	$	2,377,628	$	1,275,513	$	-
Liabilities
Futures	$	639,577	$	639,577	$	-	$	-
Forwards		789,082		-		789,082		-
Total liabilities	$	1,428,659	$	639,577	$	789,082	$	-

* $370,551 of assets and $534,709 of liabilities were transferred from Level 1 to Level 2 during the year ended December 31, 2017. The General Partner believes that for London Metal Exchange forward contracts, the inputs are derived from an exchange and not actively quoted prices, which is more representative of a Level 2 security.