June was another low volatility month for equity market. ES traded in 2061 to 2123 range which was similar to May. RUT had a different story. It made a new high of 1292.5 in late of the month. The low of RUT was 1231. It was a total winning month without a single losing trade in indices, thanks to the low vol environment. The total profit in all accounts is $19,360 minus interest and fees.
I recovery most positions in wheat and corn for June contracts. Locked in some profit and rolled over to July and August. The recovery continues.
I modified my trading plan for indices options today since VIX is above 15 on the turmoil of Greece. It reflects the current market condition and my learning from Karen's trade group. It's intend to improve my entry with safety measures, risk control and rate of return. I will implement it starting in July and modify it along the way. I will be more conservative when VIX is high and more aggressive when VIX is low (below 15).
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