So yesterday was dramatic. As you know if you’ve been following I was long nq going into the day. With a few aapl puts as my only hedge. Half of the contracts had stops, half didn’t. That is due to trading different time-frames. So half of the positions stopped out down about 60 points. Interestingly, the aapl puts did fantastic, buffering the loss. However, the slow side of the system just held through the drama, as it is supposed to. So one side of the portfolio was only down about net 30 basis points. The other side was down close to 300 basis points.
All in all it was a great disciple-day on the market and bodes well for the future. I’m relieved. And looking to get long soon.