Wednesday, February 24, 2010

02/24 NDX Fast Butterfly

I’m looking for just a small pull back or simply the time decay to cash in at my profit level this week. At the final hour I floated an order out to close me with 8%, the current P/L was around 7% and I figured it could work, why not try it? I am sure I had traded over 8% during the intra-day action Yesterday, however I want to stick to the backtested process: close by end of day instead of intra-day.

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