gave back a month worth of gains today. it is all part of the game i suppose... back to work tomorrow
Find a way to hedge with futures when these large vola days happen. Tommorrow might be a nice RTM day... one never knows though.
have not found a good way to hedge that would consistently work for me. maybe some day... i suspect that all my previous attempts at hedging just cut into my profits. so in my hands: hedging = smoother equity curve, but less profit. i try not to hedge too much and get a kick in the face on days like today. at least i exited everything according to my rules instead of carrying an overleveraged position overnight hoping for a rebound. it feels shitty losing, but feels good that i stuck to the rules. i won't be upset if tomorrow we gap up, sticking to the plan was the right thing to do. so you guys think i should change my handle? how about big_swinging_dick?