MCFX

It's late, and I'm tired. I had no real excuse for not blogging properly today. Except...

You see...MCFX lost his job today. It was coming. It was the "personal issues" we referred to on the weekend - nothing more traumatic than that. We'll move on - something to possibly delve into in a future blog.

Anyways, we'll get back into our discipline tomorrow. We've no closed trades since our last proper update so the fund is still down 11.636%. But at least our open positions are all looking okay and MtM we're up about 3% from them.

The big one is the SPX futures we piled into yesterday evening. We're going to ride this trend (if it comes - now that we've bagged a winner, lets try maximising it). We've tightened up our stop to around the 830 level (so above entry) but we're looking to add again risking 2% in our additional position which we're looking to add at the 848.50 level with stop also around the 830 level.

Good luck!