09/11 Daily Summary

Decided to exit all my SEP positions Today, finished the month positive, most important are the lessons learned on the RUT Iron Butterfly. I have been backtesting the RUT trade on a daily basis, spending about 1 to 2 hours a day on practice is very important to sharpen the trader's edge.

For now, it is sit back and relax for the weekend.

Position's Details:
09/11 RUT Iron Butterfly - OCT
09/11 MNX Iron Butterfly - OCT
09/11 RUT Iron Butterfly - SEP
09/11 MNX Iron Butterfly - SEP

09/11 RUT Iron Butterfly - OCT

Brand new position, entered Yesterday, time to start the October journey.

09/11 MNX Iron Butterfly - OCT

Just entered this position Yesterday, have about 1/2 of the total position's size allocated. Will allocate the remaining lot with 30 days till expiration.

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09/10 Daily Summary

09/11 RUT Iron Butterfly - SEP

Finished exiting the trade Today. Well, of course I would much rather preffer having closed a week ago with just under 20%, but you live and you learn. I know where I went wrong and what I need to do to fix it. So my next trade will be better.. One day at a time...

“Success is the sum of small efforts, repeated day in and day out”-- Robert Collier

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09/10 Daily Summary

09/11 MNX Iron Butterfly - SEP

I decided to close the position Today and book the profits! Slightly under 10% after commissions, not bad for one month of trade!
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09/10 Daily Summary