Trader P/L 2014

Anticip...... (Yellen tomorrow.)
One of those stupid days when the S&P sits there and vol goes up 'cuz of everyone in a crouch over, in this case, Yellen (even though she's just going to repeat what she said to the House) and of course jobless claims.
 
-96 net

Crap. I was just chopped to pieces again. It's been such a frustrating last week for me. No trading for me tomorrow. I'll be back on Monday.
 
If you'd told me the S&P would be up a half a percent today and I'd still end up down, I'd have looked at you like you had two heads. But that's what happened.
Front of the VIX curve went down, back went up. Or, to make it simple: any day when VXX falls AND ZIV falls means that more than likely, I did badly.
Today was no different. My patience is getting thin with this: the front isn't responding to spikes, with the futures in the front very frequently trading at a discount when VIX spikes, a thing that used to be rare and only happen on more extreme moves than what we've seen this year, and the back goes up in steps and then stays up.
Another month of this and I'll be done with trying this, and go back to the original config: short the front and short the S&P. There's days, like yesterday, that that doesn't work, but entire months don't go by with that strategy failing.
 
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