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june wrap - modest month, variance demonstrated, discipline maintained

june done.

modest month as expected.

variance demonstrated perfectly.

june final numbers
#

starting (june 1): $422,860

ending (june 30): $431,180

june gain: +$8,320 (+1.97%)

trades: 38

wins: 27

losses: 11

win rate: 71%

June Weekly Performance

Figure 1: June weekly performance showing variance pattern. Week 1 modest start (+$2,040, 75% wr), Week 2 strong (+$3,180, 80% wr), Week 3 pullback (+$340, 50% wr - VIX spike), Week 4 recovery (+$2,760, 80% wr). Month ended +$8,320 (+1.97%). Classic variance: 2 strong weeks, 1 pullback, 1 recovery.

weekly breakdown
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June VIX Impact

Figure 2: VIX correlation with weekly performance throughout June. Weeks 1-2 optimal VIX range (15.8-16.8) with strong results. Week 3 VIX spike to 19.2 caused pullback and 50% win rate. Week 4 VIX normalized to 16.4 enabling recovery. Strategy performance directly tracks VIX regime. Optimal zone VIX 14-19 (shaded green).

week 1: +$2,040, 75% wr, 8 trades (VIX 16.8)

week 2: +$3,180, 80% wr, 10 trades (VIX 15.8)

week 3: +$340, 50% wr, 10 trades (VIX 19.2)

week 4: +$2,760, 80% wr, 10 trades (VIX 16.4)

3 strong weeks, 1 pullback.

normal variance.

comparing to previous months 2024
#

january: +$27,200 (+7.4%) - notable

february: +$1,400 (+0.36%) - flat

march: +$1,100 (+0.28%) - testing

april: +$23,460 (+5.9%) - standout

may: +$3,500 (+0.83%) - normal

june: +$8,320 (+1.97%) - modest

pattern emerging:

2 standout months (can’t sustain).

4 modest/flat months (sustainable).

exactly what expected.

ytd 2024 progress
#

YTD 2024 Monthly Progression

Figure 3: Year-to-date 2024 monthly progression through June. January notable (+7.4%), February flat (+0.36%), March testing (+0.28%), April standout (+5.9%), May normal (+0.83%), June modest (+1.97%). YTD total +$64,980 (+17.7%). Pattern shows 2 impressive months cannot be sustained monthly - 4 modest/flat months demonstrate realistic algo trading. Annual target 15-18% already exceeded in 6 months.

january: +$27,200 (+7.4%)

february: +$1,400 (+0.36%)

march: +$1,100 (+0.28%)

april: +$23,460 (+5.9%)

may: +$3,500 (+0.83%)

june: +$8,320 (+1.97%)

ytd total: +$64,980 (+17.7%)

starting balance (jan 1): $366,200

current balance (june 30): $431,180

annual target already achieved
#

ytd: +17.7% in 6 months

annual target: +15-18%

exceeded target.

H2 2024 (6 months remaining) can be:

  • 5 flat months (+0% to +1%)
  • 1 losing month (-1% to -3%)

still finish 15-18% annual.

zero pressure rest of year.

circuit breaker performance
#

week 3 close call:

wednesday 6/19: -$920 (2 losses)

threshold: 3 consecutive losses OR -$1,500 single day.

didn’t trigger but close.

prevented potential spiral:

comparing to sept 2023 disaster ($28k loss, no circuit breaker).

june week 3: filters + discipline = -$920 contained.

20x better outcome from having circuit breaker.

risk management stats
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position sizing:

all trades: $1,500 full size (consistent)

circuit breaker: not triggered (1 close call)

max drawdown: -$920 (0.2%)

filters: 59% acceptance rate avg

variance:

  • week 3 high vol: 42% acceptance
  • weeks 1,2,4 normal: 65% acceptance avg

regime confidence avg: 0.76

variance:

  • week 3: 0.62 (low)
  • weeks 1,2,4: 0.82 avg (high)

market conditions
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VIX range: 15-19

avg VIX: 16.9

mostly in optimal range (14-19).

week 3 spike to 19.2 = pullback.

weeks 1,2,4 normal 15-17 = strong.

correlation: 0.58 avg (acceptable)

week 3 spike to 0.71 = edge reduced.

regime stability: 0.76 avg

week 3 dip to 0.62 = less confident.

slippage tracking
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june avg: 1.9 ticks

april avg: 1.7 ticks

may avg: 2.0 ticks

june slightly better than may, slightly worse than april.

weekly variance:

week 2 best: 1.7 ticks (low vol).

week 3 worst: 2.3 ticks (high vol).

chicago colo paying off.

comparing to expectations
#

mid-month projection: +$9,200 to +$11,200

actual: +$8,320

difference: -$880 to -$2,880 (week 3 pullback)

still within modest range.

acceptable outcome.

lessons from june
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1. variance never stops

strong performance doesn’t guarantee next week.

week 2 +80% wr → week 3 50% wr.

2. circuit breakers essential

week 3 close call demonstrated value.

prevented potential disaster.

3. VIX dictates results

VIX 15-17 = thrive (weeks 1,2,4).

VIX >19 = struggle (week 3).

can’t force wins outside optimal range.

4. filters adapt correctly

week 3: 42% acceptance preserved capital.

weeks 1,2,4: 65% acceptance captured opportunities.

5. discipline > performance

week 3 pullback didn’t trigger revenge trading.

followed system → week 4 recovery.

comparing to 2023
#

june 2023:

  • still learning
  • losing money
  • testing strategies
  • small position sizes
  • emotional trading

june 2024:

  • strategies validated
  • +$8,320 profit
  • full position size
  • disciplined execution
  • variance accepted

1 year transformation.

therapy reflection (6/27)
#

dr. r: “june wrapping up. +$8k. thoughts?”

me: “solid modest month. 3 good weeks, 1 pullback. exactly what sustainable trading looks like.”

dr. r: “week 3 pullback didn’t derail you.”

me: “nope. VIX spiked. conditions shifted. strategy adapted. i followed rules. week 4 recovered.”

dr. r: “you’re not chasing april notable.”

me: “can’t. april was outlier. conditions were perfect. june was normal. both acceptable.”

dr. r: “that’s mature trading psychology.”

exactly.

living with A. through june
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8 months living together.

june variance:

me stressed week 3 → she gave space.

me calm weeks 1,2,4 → normal routine.

relationship stability:

doesn’t depend on trading performance.

she understands stress but doesn’t tie our relationship to my wins/losses.

places list:

started june: 18 places.

ending june: 19 places (birthday surprise coming july 4).

relationship + trading both working.

july preview
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expectations:

birthday july 4 (taking day off, A. cooking).

summer months: typically VIX 14-18.

if range holds: similar to june possible.

realistic outcomes:

modest month (+1% to +2%) - likely.

flat month (+0% to +1%) - possible.

losing month (-1% to -3%) - acceptable.

all within plan.

ytd already at target, no pressure.

comparing strong vs modest months 2024
#

impressive (jan, apr):

  • combined: +$50,660 (+13.3%)
  • avg VIX: 15.2
  • perfect conditions
  • can’t sustain monthly

modest/flat (feb, mar, may, jun):

  • combined: +$14,320 (+3.5%)
  • avg VIX: 17.8
  • varied conditions
  • sustainable long-term

2 impressive months carried year.

4 modest months maintained discipline.

both necessary for annual target.

what success looks like
#

june success:

ended positive despite week 3 pullback.

maintained discipline (no revenge trading).

circuit breaker worked (prevented disaster).

realistic expectations (modest achieved).

not exciting but sustainable.

tonight (june 30, 10:58pm)
#

june done.

+$8,320 (+1.97%).

71% win rate.

3 strong weeks, 1 pullback = variance.

circuit breaker prevented disaster week 3.

filters adapted correctly.

ytd +$64,980 (+17.7%).

annual target exceeded in 6 months.

july begins tomorrow.

birthday july 4.

realistic expectations.

execute system.

accept variance.


10:58pm sunday. june wrap. +$8,320 (1.97%). 71% win rate across 38 trades. weekly pattern: +$2,040, +$3,180, +$340 (VIX spike pullback), +$2,760 (recovery). circuit breaker almost triggered week 3 - prevented sept 2023 style disaster. ytd +$64,980 (17.7%) exceeded annual target. H2 2024 can be mostly flat and still hit 15-18%. modest sustainable trading demonstrated.

-AK

Related

may wrap - variance accepted, discipline maintained after april high
may done. flat month after strong april. variance accepted. may final numbers # starting (may 1): $419,360 ending (may 31): $422,860
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week 3 june done. slight pullback. normal variance after 2 strong weeks. week 3 trades (june 17-21) # monday 6/17: 2 trades, 1 win. +$260
week 1 june - modest start, realistic expectations after may flat
week 1 june done. modest start. exactly what expected after may flat. week 1 trades (june 3-7) # monday 6/3: no trades (memorial day)
week 1 may - reality check, flat start after april high
week 1 may done. reality check arrived. april won’t repeat. week 1 trades (apr 29 - may 3) # monday 4/29: market closed (observed holiday)
april wrap - strong month, strategy validation complete
april done. strong month. strategy validation complete. april final numbers # starting (apr 1): $395,900 ending (apr 30): $419,360
march wrap - testing month, foundation built for Q2
march done. testing month complete. foundation built for Q2. march final numbers # starting (mar 1): $394,800 ending (mar 31): $395,900