Tuesday, January 19, 2010
01/19 NDX Directional Butterfly
Another day where the market simply refused to keep going down. Bounced back hard and got me out of the NDX Directional butterfly. I had a contingent order to sell the position if it was down by the stop loss and it got filled automatically. Out of the trade -12%. It would be -19% loss if it wasn't for the automatic stop.
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