August 2023 period summary

sugust period historyMonthly summary

My result

My account performance is following.

  • 1m:$35.39/unit profit

Opened 18 units on 3/22 at $0.20, closed them on 8/8 at $0.60. Total 18 units realised $637.04 profit after commission.

  • 2m:$19.39/unit profit

Opened 18 units on 4/20 at $0.76, closed them on 8/8 at $1.00. Total 18 units realised $349.04 profit after commission.

Review

My August period performance is a big regret. Of course, they are the closing timing of the positions. At the start of the final month, 1m was already hovering above my target, 1.5 pts, but then it was slowly dropping. Concerns that the 1m points might continue to fall, combined with the real-time monitoring of the market, led me to close the positions.

As a result, it going up after that and I missed out on many profits. My mistake was that I didn’t trust Contango power at all, or maybe I fell for VIX’s trick. I regret it anyway.

One month history