Today was the day that broke the camels back… so to speak. With
the incredible volatility we have been witnessing for the last few
weeks in the index futures markets, I’ve decided to set my targets
on a few different markets… namely the GRAINS.

I’m going to spend the next few days studying their movements as
they relate to my signals and setups. I will be trading them for
real, but on kind of a “experimental” basis to see how well they
fill - or don’t fill, so you are NOT allowed to hold my P/L against
me during this trial period LOL! Of course, you can’t hold it “for”
me either…this is purely a learning experience and I will
document my progress throughout it.

As for our room trades today, I was completely shut out due to risk
parameters, (I learned that a few stock traders got really smoked
today in the incredible volatility - VIX up over 3 points!) however
Bill and Ish did a great job banking some nice profits!!! WAY TO GO
GUYS!

It is because of this volatility in the North American indexes that
I’m looking elsewhere for greater opportunities, with less risk. It
is just getting way too whippy! Let’s see how things go in the
soybean and corn markets tomorrow.

Filed under: June 2007 Trades