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august week 2 - beat monthly goal already

august week 2 done.

beat monthly goal 2 weeks early.

week 2 trades
#

monday 8/7: +$385 (GLD put spread) tuesday 8/8: +$340 (TLT call spread) wednesday 8/9: +$405 (SPX put spread) thursday 8/10: +$295 (IWM call spread) friday 8/11: +$380 (QQQ put spread) saturday 8/12: no trades (personal day with A.)

total week 2: +$1,805 (5 trades, 5 wins, 0 losses)

another perfect week.

august progress
#

goal: +$4,000

week 1: +$2,065 week 2: +$1,805 total: +$3,870

beat goal in 2 weeks.

account status
#

start august: $351,145 current aug 12: $355,015 gain: +$3,870 (+1.10%)

5-month live trading stats
#

april-august (since figuring out systems):

start: $220,000 (after $180k losses jan-mar) current: $355,015 gain: +$135,015 (+61.4%)

averaging 12.3% per month.

insane but not sustainable. expecting regression to mean.

what’s working
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1. time filter (skip first 30 min)

2 weeks testing.

saved $715 total from avoiding volatile opens.

keeping permanently.

2. max 2 equity positions

reduced correlation exposure.

lower returns but way lower risk.

keeping permanently.

3. momentum paper trading

8 paper trades, 7 wins.

profit factor: 3.1.

going live next week with 0.5% risk.

personal update
#

saw A. saturday. been dating 2 months now.

still going well. zero red flags.

therapy with Dr. R. wednesday.

talked about processing grief (8 months since parents died).

mostly stable. life is good.

rest of august plan
#

already beat $4k goal.

remaining 2.5 weeks: protect profits.

priorities:

  1. don’t give back gains
  2. maintain discipline
  3. test momentum strategy live (small size)
  4. stay conservative

targeting +$1k more by month end = $5k total august.

comparison to july
#

july: +$6,120 (23 trades, 87% win rate) august (so far): +$3,870 (11 trades, 100% win rate)

on pace for $7-8k august if maintain current rate.

but expecting losing trades soon. 100% win rate not sustainable.

mental state
#

confident but cautious.

know perfect weeks don’t last forever.

staying humble. following systems. not getting cocky.


3:15pm saturday. beat august goal in 2 weeks. +$3,870 so far. staying disciplined rest of month.

-AK

Related

august week 1 - new rules working
first week of august done. testing new filters. working well. week 1 trades # tuesday 8/1: +$745 (2 trades) wednesday 8/2: +$405 (1 trade) thursday 8/3: +$280 (1 trade) friday 8/4: +$340 (1 trade) saturday 8/5: +$295 (1 trade, crypto)
july week 3 - hitting stride
july week 3 done. consistent profitable trades. hitting goal this month. week 3 trades # monday 7/17: +$385 (SPX put spread, -150% stops working)
july week 2 - back in green after monday red day
july week 2 done. recovered from monday red day. week 2 trades # monday 7/10: -$544 (3 trades, 1 win, 2 losses)
week 3 done - $485 away from june goal
june week 3 finished. up $1,100 for the week. best week yet. week 3 trades # monday 6/19:
week 2 review - staying consistent
june week 2 done. up $635 for the week. week 2 trades # monday 6/12: GLD put spread: +$340 tuesday 6/13:
august day 1 - solid start
first trading day of august. short week (monday was holiday). started strong. tuesday 8/1 trades # morning: SPX put spread +$405