10/28 RUT Iron Butterfly

The price action coupled with the volatility pop was harsh on the trade. I could not contain the damage. Frustration is the best way to describe my feelings about this. I had to sleep over it before writing about it, it was a shalow night to say the least...

I have hedged and I'll give it a day or so before yanking the rest of it out. I have to re-think how I'm trading the RUT, and I might do things very differently next month. For starters, I'll paper trade a larger NDX position, not sure about what to do with the RUT, I might just focus on the MNX iron butterfly as it seems to be the only trade working well for me lately.