I exited my ES bear calls of 1955, 1965 before lunch as planed. I might have left some money on the table. But I am glad I followed my plan and reduced my risk before FOMC. Stay disciplined and follow the rules are the ways to be consistent. It makes my job easier in the long run. Any profession has rules and procedures as standards. I also exited wheat and last corn positions. Although I lost money but I feel good about following my plan. No wishing washing, just get it done.
Grains bounced on nearing expiration today. I took the opportunity to add some bear calls on wheat and corn while waiting for them to drop again before adding my roll overs.
ES made a new high after FOMC. I am glad I exited my bear calls. I guess I have learned my lessons. RUT is up into my call spread in my first Etrade position. I will get out before the weekend and roll up to recover some loss if the indices don't drop after new highs like before.
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