SPY Bearish Diagonal Spread Update #2

As a general rule of thumb for diagonals, I don't like to stay in a trade if if I experience more than 12% loss. Since the total risk was $1031 and P/L shows a $142 loss it was time to get out.

Here is a list of the transactions:
3/26 1 SPY 82 Apr/May Call $1.48 credit
3/26 3 SPY 78/81 Apr/May Call $0.53 debit
3/23 1 SPY 82 Apr/May Call $1.46 debit
3/20 3 SPY 78/81 Apr/May Call $0.05 credit

Total loss was $142.

I admit that 3/20 was not the best time to start the trade because there was no indication that bullish trend was reversing. Luckily I had other trades on that worked much better.