March was a month of continued recovery. The realized profit from all accounts is $7980 with $740 from personal acct.
The equity market was in range bound for the most of March. It was a fairly good environment for options selling. I didn't have any position stop out during this period. Also my sense of risk control was relaxed. It need to be tightened up. Because of the choppy condition and tight margin I didn't fully implement Karen's strategy as planed. More importantly I wasn't discipline enough to execute my plan.
Grains were range bound within the down trend. I closed many positions as planed which reduced my margin load and risk exposures. Wheat still has some bull puts underwater which I need to slowly reverse them. I am going to stop trading soybean after the last position is closed.
My focus in April is implement risk control measures specifically on entry selection. I will change my Karen style entry of 5% PITM to possible touch. I need to utilize TOS's Analyze tab to measure my entries and assess risk.
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