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I only traded for the early part of the month because (a) the wheat market dropped to very low levels and we seemed to be out of sync with it, and (b) I was on my annual vacation in China.

While the result for the month was a loss, remember our goal in this project is to compound our profits at a rate of 5% per month. 63% return in 5 months means that we are well ahead of target.

I won’t get a full month’s trading in July, because of my vacation, but I hope to be able to place some trades. You can follow my daily trading activities at  www.tradeonauto.com/blog.

Trades described in this diary are based on principles described in "Day Trading Grain Futures" or my eBook "Day Trading - How To Win" and can be set up to run automatically on TradeOnAuto software.