04/14 Daily Summary

Closed both my remaining positions at their stop levels Today. I am actually glad I did get out of them around 2015, it would have been worse otherwise. Will enjoy a few days without anything on, and come back with only one trade next week.

04/14 NDX Iron Butterfly

Here is what I have left on the trade:
2x APR 1900/1825 put credit spread
Reached my stop loss on the trade as we got to 2015, not a good month, specially hard because I feel this could have been avoided or traded differently. Need to go back and review the trade to see where the lessons are. -12.33% result for this month.

04/14 NDX Fast Iron Butterfly (from 03/15)

Here is the inventory of what I have left on this position:
-2 APR 1900/1800 put credit spread
Shut down the position Today early in the morning as it hit my stop level ~2015, turns out I’m glad I did as NDX kept pushing higher to the sky and beyond.. With 2 days to go, will leave the Put spread alone. -12.15%

04/14 Morning Assessment: Sideways (Down)

It looks like we’ll be finding some resistance around these current AM levels 2016 on /NQ seems to be the high for the Overnight and AM sessions. It seems we’re “rotating at the top”, likely to pull back and fill the gap.
I had my last two positions hit the stop level this morning, so no longer have any trade on the board.