A number of years ago I signed up for an online advisory service that showed me how to trade Iron Condors.
See - the advisory service I was with gladly taught me what Iron Condors were and told me when to put them on - but what they didn't teach me was why we put them on when we did, why we selected the strikes we did, and most importantly - what to do when things went wrong.
I found out too late that to be trading Iron Condors successfully, not only do you need to have a good understanding of this strategy from beginning to end - you also need to have a good understanding of the most important part... .
Take it from me - if you don't really know what you're doing when you're trading Iron Condors - then there's really no point in even trading them - because eventually you're going to wind up giving back all the profits you earned - and then some.
To have long term success trading Iron Condors, you need to have a good understanding of the entire A to Z process involved with trading this strategy -
You need to have a good 'management plan' in place - know WHEN and WHEN NOT to hedge - and how to 'correctly' make .
You need to know the RIGHT TIME to get out of a trade so you can make the most possible from a trade without giving back all of your profits.
And of course there's more - but the bottom line is this: To make this strategy work you need to have a complete and solid .
Requires MINIMAL Time To Manage - it's possible to manage these in as little as 15 MINUTES PER WEEK.
Can use the SAME UNDERLYING EVERY MONTH - So You Don't Have To Waste HOURS and HOURS of Time Researching...
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