I had total of 70 trades as the monthly expiration week end. My earliest trade was back in last July 28 in grains. There were a lot of rolling, carrying and over trading. Luckily it ended in $15.5K recovering. I have reduced most of my positions in corn and soybean. The only trouble spot is in wheat which may make a new low according to the seasonal. I missed the opportunities to reverse my positions to bear calls and waved my plan of not adding to puts side.
Indices broke out to the up side last Friday. This break out has had a long period of consolidation which may make the break out sustainable. I need to prepare for possible stop out in my bear call positions. I missed most of add on in the puts side last week due to lack of meaningful pull backs.
Grains diverged between soybean, corn and wheat. My main threat is in wheat now. I may use any meaningful pop to roll over or reverse my bull puts.
No major errors were made this week. I will start recording any cost of my errors and fees in my trade records.
Next week, refrain from adding bear calls in indices and try to reduce them when I can. Risk management is still my No. 1 priority.
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