Watch the Live Trade Session
The Most Popular Options Trading Strategy is the Iron Condor
Iron Condor is a Non Directional Options Trading Strategy. It consist of 2 Credit Spread. A Call Credit Spread and a Put Credit Spread. The strategy make money if the market remain range bound between the 2 short strike hence it is a non directional play.
But there is a lot of element in place in the Iron Condor. There is high probability and low probability iron condor. It doesn't mean a high probability iron condor will be better then the low probability iron condor. The risk is different. The adjustment strategy is different.
What about volatility, should we be concern about the volatility level when we are doing a Iron Condor. Understanding that we are selling volatility in a Iron Condor, we prefer to sell in a high volatility environment.
What happen when trade went wrong, do we take the full loss of a Iron Condor if not how do we adjust our trade and minimize our losses. Likewise do we wait for expiry to capture all the potential profit or should we set a level to take profit.
This are all critical question to ensure one success to trading a Iron Condor.
And in this course you will learn all about it. From setting up a trade, to managing it winner and adjusting a bad trade.
There is only 1 objective in the course that is to help you to success and make Money
My Name is Winston,
I am a online marketer and a investor. I have been trading options since 2004 and have more than a decade of trading experience. I have been thru the up and down of trading including the 2008 October crisis and the flash crash in May 2011. I am mainly a options seller most of my trading strategy is to benefit from time decay. I do buy options occasionally.
I have been in the online business since 2005. I have been actively involved in Online Business. I own a successful Ebay business which I am still running. I own 3 website that has high traffic and I have a couple of youtube channel that has thousand of view daily.
Over the year Internet has make many big changes. Website that get rank today is derank tomorrow when Google released a new update. As a Internet businessman one has to be able to stay up to date with technology.
I have been keeping myself up to date. And when I know a subject well. I am very good at it.