05/06 EWZ Double Diagonal - CLOSED

Closed the EWZ Double Diagonal Today with prices at or above 50. I was impressed by how far the trade was able to go in terms of how far away from the original volatility cone we got. See the dashboard bellow.

In retrospect, I had chances to take some profit once we didn't over 5%. I wasn't ready to put a trailing stop or TTN on the trade. Will discuss some guidelines about that with Dan on my next session.

On the positive side, this trade took quite a beating! If one looks at this type of profile, it makes a good case to focus on Double Diagonals, this basic guidelines can allow me to stay in the trade despite it moving so far away from the 1 st. deviation on the volatility cone.