Weekly P/L: +$8.5K
We include a written trading plan for anyone who is a member of the Volatility Box. You need to have a plan, and this plan needs to be precise and process-driven.
The Volatility Box trading plan includes clear cut rules on how to handle days like today in the market place. Even the conservative Volatility Box couldn’t contain price action today. And we knew that within the first 30 minutes of the market open.
This helped us avoid major losses on the S&P and DOW futures altogether and protect this week’s profits (+$8,500).