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Hi All, Just to let you know, I closed the July 55 day trade on Monday morning at a $516 profit. I closed it because we were over the minimum profit target and the market was getting a little hot on the upside. Also, thinking we’re going to be in a trading range, I decided […]

Just a quick note, I got filled on the 55 day June trade this morning just above the reduced profit target of $500. The actual numbers were $560 profit on a risk of $960 for return of 58.3% on our invested capital or a little over 10% of our $5000 planned capital. Okay so we’re […]

Hi All, Interesting day last Friday, because of the large selloff, I was able to hit my reduced target of $700 on the June method 15. The actual profit, after commissions, ended up to be $711 on an actual risk of $1433 for a total return of 49.6% of our invested capital or little over […]

Sorry there was one position change, I added the 600/650/700 butterfly on the July position on 5/27/10. The new July 55 position is below:

Hi All, I haven’t sent any updates lately because there have been no position changes. Currently all trades are deep in the green and doing well. I’ll likely start taking profits today or early next week. I’ll attempt to get some p/l numbers and pictures out over the weekend. Happy trading 🙂

Hi All, Interesting day today with that large gap down only to close the day flat. I made 2 minor adjustments today, the June 55 was rolled back 10 more points and the June Method 15 was rolled back 10 points as well. You’ll notice that the June trades were all kept at minimal capitol […]