Sunday, April 6, 2014

April 4, 2014 (S&P500 Emini Index CFD)

(Please click the chart to enlarge.)
Today was a very good day as S&P eMini just crashing down till NYSE was closed at 4. Since January the volatility has been so doubly high that I had to double my stop-loss to 9 points (0.50% of the rounded Index value) from 4.5 points (0.25% of the rounded Index value) as the whipsawing market kept on killing me the whole month of March where the market went no where but just whipsawed 4-8 points up and down. Today's 600 dollars profit was the direct result of that wise and timely decision.

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