Wednesday, May 27, 2009

5/27 DIA Iron Butterfly

I am still getting a handle on how to manage the iron butterflies, I'm sure I over-traded this position in the beginning, so I decided not to touch it at the end of the day Today. We'll see how it works out.

One of my lessons learned is that I have to let the trade work the first week, then I can get into profit protection mode, otherwise I'm defending $0 profits all the time..

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