Jun'23 Reflections and Results (MTD and YTD)

Results

June saw an uptick in terms of the volume of trades done.

We did a total of 16 trades over the span of 5 weeks, which means on average it was ~3 trades per week.

Out of these 16 trades, win rate wasn't in the high 75%, it was 62.5%.

In retrospect, ending with a win rate of 62.5% and yet staying profitable demonstrates and re-teaches me again the importance of proper risk management. Needless to say, we closed at a nice 25% Month-To-Date ROI.

On a Year-To-Date (YTD) basis, we closed H1 at a nice 49% ROI.

We have 6 months to go. Let's see what happens.

I intentionally set limiting parameters such as a smaller capital of $5,000 to show how it is possible to grow a smaller account.

Reflections

When I spent some time to collate the past 6 months' performance and arrived at the YTD ROI of 49%, I was honestly surprised yet not surprised.

I was surprised because I was expecting the ROI range to be between 25%-30%. I subconsciously knew it is likely we are overall profitable but not anywhere above the 30% range. I was also surprised because this was achieved not in an exactly easy market condition. Those in the markets in 2023 would know that this year is filled with so much VUCA. This further strengthens my belief in the robustness of my strategies and my serious approach towards Options Trading / Investing.

Additionally, I did not do any risk trades at all. In fact, all my trades were always within the 2-3% risk management I set for myself and my community. All in all, the fact that I did not deviate from my rules and achieved positive returns in a sustainable way brought me happiness and believe that this is a skill I can keep applying for many years to come.

I was not surprised because I knew that if I took care of my results monthly, the half-yearly results will automatically take care of itself. And since I did not experience any huge headwinds or huge losses in any given month, I instinctively knew we are doing well.

I was also not surprised because this is the 3rd or 4th time I have grew a small account ($5,000USD) using my approach and strategies. The past I made the mistake of not documenting it down and this decision to start tracking my results this year was actually a fruitful experience for me.

When I told myself that I will start this small account exercise on Jan'23 this year, I felt the stress and pressure building up because it is never easy to share your trades and results transparently to everyone, let alone with a small account of $5,000, which makes it 5x harder. I trusted my methods, and I knew the worst that could happen was not growing the account much or at most losing a couple hundred bucks since I have always been very risk adverse and safe in the way I trade.

I told myself to be patient, and focus on each month as it comes and that has never failed me so far.

Thanks for reading, I appreciate you. Thanks for allowing me to show you how options can be a sustainable way to grow your income and positively impact your life.

Godspeed,

Arete