The estimates for Tuesday were a lot better last Friday. :)
Now, seriously, I need to review to see if it was because of my adjustments, or if it is simply the fact that by end of day Friday most market makers are already pricing the weekend, leaving TOS with an over-optimisc view on what it will be on Tuesday, maybe even a combination of both.. This is the 3rd or 4th time where I see a discrepancy between the estimated and actual over the final weekends
I was watching Dan Harvey's mentoring Today and he mentioned he goes for 10% on his Iron Butterflies. I was going for 20%, well, that being said, the positions still look good, so I plan on hanging around unless we drop in profits to around 10% This will give me a good exposure to what happens on the final week, as it is the first time I get in the "end game" with good money in the bank.
What happened to the IBM Calendar? I'm not sure.. if it continues that way I may need to take it off
Position's Details:
09/08 IBM Calendar
09/08 RUT Iron Butterfly
09/08 MNX Iron Butterfly
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