Friday, February 12, 2010

02/12 MNX Iron Butterfly

Houston to MNX, Houston to MNX, you still there, over? Sir. We lost our crew.. 
Yeah, took a beating on this one, but part of the business, at the very least managed to keep under the max loss level. Next month begins.


Anonymous said...

How much do you pay in commissions and do you factor them into your max loss before you decide to pull the trade?

Gustavo's Trades said...

$1 per trade is my current commission cost, and Yes, I factor that in for all my trades. I always track current P.L with commissions as they're a piece of the pie, in the MNX example, it can get to be too big of a piece..

That's why I'm slowly migrating to NDX..


Anonymous said...

Why do you choose to do ndx,mnx flies
over the rut?

Gustavo's Trades said...

I just got used to MNX/NDX, I've tried a few RUT iron butterflies that didn't work out so I walked away from it and decided to focus on MNX and now the NDX.