The first week of June ended with 100% profitable trades again. My total profit is $2880. The recovery continues. I made one key in error by looking at wrong strike price of SPX 1860 instead of 1850. Area of improvement is to not holding positions too long and worry about commissions and the little premiums left too much. Instead I can redeploy the capital for new opportunities. This week's example was the ES position for this week. I could have close it yesterday and redeploy it yesterday or today. That is a $150 opportunity left on the table.
Grains recovered somewhat. I didn't do much with my wheat positions. I will have to deal with it early next week since I have guest coming in town by mid of next week.
My plan:
Getting into the summer I need to stay nibble and light in July's trading. I may be absent from market for couple of weeks. I need to spend sometime to study new trading strategies for more income opportunities.
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