August 2022 period summary

Monthly summary

My result

My account performance is following.

  • 1m:$200.40/unit profit

Opened 10 units on 3/16 at $-0.05 and closed on 8/3 at $2.00. Total 10 units realised $2004.04 profit after commission.

  • 2m:$221.24/unit profit

Opened 10 units on 4/20 at $0.95, added 2 units on 6/13 at $-0.30 and closed on 8/3 at $3.00. Total 12 units realised $2654.84 profit after commission.

Review

This period was very smooth and profitable. We didn’t see big backwardation and the contango gradually deepen.

Position open timings were good even I followed my strategy, could buy them with good price. Also the adding of 2m worked. Closing was also good because both of 1m and 2m prices exceeded my target, anyway.

Well, if I had been a little more patient and waited until maturity, I could made more profit. But that’s something I’ll think about later. Don’t be greedy, as it may drop sharply on the last one day.

5m was a 2.54 start, so I didn’t open position. But if I opened it, 5m exceeded 7 points finally. It would have been quite profitable if I had bought it. Is this something to review point?

For my reference