It was a down week for indices. I had a group of ladies from China and was out most of the week. I placed couple of selling put orders and got filled one morning. I also traded for awhile in a later afternoon. The week ended with $2,300 profit without any loser nor adjustment.
I am thinking about to make 2 trades each week base on my two setups during the 45-56 days and 30-40 days time lines. The first set is targeted at 50-60 % profit. The purpose of it is to improve my rate of returns. I outlined the idea in my July monthly review. I may keep my PITM between 10-5%. I will start to experiment it next week since my guests are gone. I can focus on my trading now.
Corn and wheat shown some strength at the late part of the week. I will try to make adjustments to my positions before USDA report next Wednesday.
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