IWM Going Down

IWM has made the move to the downside. It is below it’s 30SMA and has support at 73.92. We will have to see if it bounces up off of this support. We have gone from paper trading to live with what I call the Camarilla and Persons Pivot system. We are only trading a small portion of the portfolio until we have it down. We discovered on Friday that we need to multiply the position size calculated from the stocks price by the delta. This keeps the risk reward in right relationship.