Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2019

Fair Value Disclosures [Abstract]

Summary of Assets and Liabilities Measured at Fair Value

As of June 30, 2019 and December 31, 2018 and for the periods ended June 30, 2019 and 2018, the Partnership did not hold any derivative instruments that were priced at fair value using unobservable inputs through the application of the General Partner’s assumptions and internal valuation pricing models (Level 3).

June 30, 2019	Total		Level 1		Level 2		Level 3
Assets
Futures	$	2,035,075	$	2,035,075	$	-	$	-
Forwards		273,264		-		273,264		-
Total assets	$	2,308,339	$	2,035,075	$	273,264	$	-
Liabilities
Futures	$	452,629	$	452,629	$	-	$	-
Forwards		495,063		-		495,063		-
Total liabilities	$	947,692	$	452,629	$	495,063	$	-
December 31, 2018	Total		Level 1		Level 2		Level 3
Assets
Futures	$	1,456,716	$	1,456,716	$	-	$	-
Forwards		623,038		-		623,038		-
Total assets	$	2,079,754	$	1,456,716	$	623,038	$	-
Liabilities
Futures	$	1,122,513	$	1,122,513	$	-	$	-
Forwards		632,108		-		632,108		-
Total liabilities	$	1,754,621	$	1,122,513	$	632,108	$	-