November 2023 period summary

Monthly summary

My result

My account performance is following.

  • 1m:$77.41/unit profit

Opened 18 units on 5/30 at $0.13, closed them on 11/10 at $0.95. Total 18 units realised $1393.44 profit after commission.

  • 2m:$100.56/unit profit

Opened 4 units on 7/19 at $1.25, added 14 units on 7/20 at $1.25, closed them all on 11/10 at $2.30. Total 18 units realised $1810.14 profit after commission.

Review

For the November period, the contango did not deepen enough and I thought it would not reach the target of 1m, so I closed the position before expiration. At the end of the day, it ended at 1.47 pts, so if I kept waiting more I could have made a little more profit. But that can only be said after the fact.

My 2m price was high at 1.25 pts when it opened, so I wish it would have been a little more. But let’s say the result is okay, anyway.

One month history