Quote of the Day: "It's how you deal with failure that determines how you achieve success." - David Feherty
I had to leave at lunch to drive my girls shopping for their trip and birthday party. Indices bounced modestly today. ES pulled back to BBM. It formed 2nd doji on weekly chart. It's not clear which way it will go next week. I will keep open mind.
Grains continued drifting down. I had to add to my wheat puts of 660 and 625 for this month and next month at 2X plus according to my rules. I may have to deal with risk control for next week expiring wheat. I have no positions left in corn for this month and one in ZS to be closed with 98% profit at least on Monday. Be ready to take a loss or two as part of business.
NG took a pull back of 1.25%. I still have greedy and fear affecting my decisions. I moved my risk off order much lower when I saw the price jumped 3%. I noticed that I was relaxing my rules again. Next week I must take half of my positions off.
It's a good week without a loser. I didn't have many ES as I am shifting more capitals to commodities which usually give higher return. Four CL position contributed over $1000, 50% of this week's profit.
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