Tuesday, February 23, 2010

02/23 MNX Iron Butterfly





Yesterday’s decision of cutting delta came back to haunt me Today, I still don’t think it was a bad idea overall, as we still managed to post profits even though we had to sell out the call for a loss, then again, it goes back to trading rules I wanted to make sure the delta didn’t get out of control and it was getting there on the trade. If we consolidate for Tomorrow or so, I’ll get to my profit target and get out.

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