Weekly Review 1-1-15

This week brought me a small profit of only $890 with a ES stop out of $635 which should be recovered by 2nd wk of Jan. It was a lite week since there were only weekly expiration. It doesn't mean I was not busy. I had been busy managing my grain positions mostly, lighting up positions, locking up profits, reversing positions to prepare for grains 2nd shoe drop which hasn't happened for more than two months, only showing signs in the last two days.

I have learned more about Karen's trading system. I started to formulating my own trading rules based on her styles. I am combining her longer term entries with my shorter term trading. I jointed a Karen style discussion group online. It has been helpful.

I repeated another mistake by entering a RUT credit spread without negative sign. I have not exited the order without taking a loss yet.

My tasks of this weekend and the following week:

1. Review Dec trading and lessons;
2. Review my 2014 performances and plan for 2015;
3. Review and revise my trading plan;