Thursday, February 11, 2010

02/11 NDX Fast Butterfly

By the end of Today this position would have been closed down 8%, it goes without saying that Yesterday’s projection was off by quite a few points, trying to estimate volatility based on price action is still a challenge for me. I have to spend some time and collect data to come up with some sort of relationship, but time is a very expensive commodity for me these days.

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