06-30-2015 Monthly Results June 2015

What I got in June was what I was worried about getting in May. All of my systems historically have had tough times in the summer months - that's why May surprised me. As good as May was, June was just terrible trading. I made a decision at the end of MAY to increase the number of contracts on each chart  - I probably should not have done that just because it was summer - that was a bad decision.

A good trader must learn from what happens to the charts in real time and take advantage of the pureness of "LIVE" trading - there simply is no good substitute for live market action. Some things I am considering for the future:
1) possibly scaling out of trades when trading multiple contracts
2) possibly moving my stop to break even when the chart gets close to a profit target - so it cannot turn into a loss
3) trading more charts with less contracts - still a good idea, but remember that's where I started. The more charts in play, the more likely that one of them will "break" on you and dig a money pit before you decide its broken.

The portfolio lost $2567 this month - not earth shattering, but considering that I traded 242 contracts this month its not very good either.