It was another winning week over all. The profit was $12,700 including the $6000 wheat loss rollover. More than half of the profit was from recover of grain trades as far back as last Sept. It was a very hard lesson of disrespect risk and lack of planing.
Got all winners in indices due to the low volatility. The high vol period may come during the summer. I must obey my rules of engagement.
Grains are still in the down trend. The seasonality hasn't been followed so far this season. My focus is manage risk and recover my current positions.
I need to continue to study IB's Risk Navigator and rules of PM. IB's high margin requirement fee assessment for SPX and RUT has limited my ability to fully implement Karen's system. I had to use more of credit spread instead of naked options. I am considering to move one of my IRA account to TOS so I can do more of credit spread there.
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