Feb Trading Results

I still need to catch up on my Excel sheet so this is just a back of the napkin accounting for this month. It is very misleading as the XLE has been a MTM gain for many months, I just decided to close it out this month. Excluding that trade, the true number is +$425, and there is a MTM loss on 500 shares of VZ of -$250. I sold naked $30 puts and will have them assigned over the weekend. So realized gains of $425 and a current MTM loss of -250 are the rough numbers for the month.

While this is far shy of the $2,000 or so a month I need to break even with living expenses, I am at least thankful that the number was positive. And I am not intending to try to hit $2,000 exactly every month, but rather average that over the long-run. There are going to be times I decide to sit out for a while. I was actually surprised to see that even with the MTM loss that I was still up for the month. I had been holding on to the perceived mistakes that I made and completely disregarded some gains early in the month. That just stems from a personality trait of mine where I tend to disregard success and beat myself up for failures.

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WOW! I think that sums it up

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Stay Small, Stay Out of Trouble

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Forex Is Crazy

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