Iron Condor – Advanced by Todd Mitchell Free Download – Includes Verified Content:
One winning trading approach is the Iron Condor. However, that does not imply that it is without difficulties.
In actuality, issues might rapidly worsen if you employ the same tactic as everyone else.
Let me clarify.
As you are aware, the Iron Condor is a comparatively straightforward tactic. Credit-spread positions are positioned below support and above resistance. In this manner, you can trade inside the price range till it expires.
However, because the method is so easy to understand, a lot of traders adopt it before they are truly ready to handle the transaction.
They overlook the critical step that separates the struggling retail traders from the pros …
Risk management.
This is the pros’ secret for more consistent results trading Iron Condors.
The Iron Condor technique is actually more intricate than the majority of “experts” are willing to acknowledge.
You need an offensive, just as in any sport. But a solid defense is equally crucial for regular victories.
Iron condors, for instance, are excellent in flat markets. But these circumstances also produce a typical trap.
How often have you seen a market move within a range for a while before placing an Iron Condor just to be run over on a breakout?
It occurs.
Range expansion follows range reduction, after all.
But the problem isn’t the price breakout itself. It’s that you didn’t have a game plan in place ahead of time to account for the potential move.
This is like driving a car without brakes or steering – you can’t stop or avoid obstacles.
If you’ve fallen victim to this flat market trap, you’re definitely not alone. As I mentioned earlier, Iron Condors create problems for traders who “trade blind.”
The other major issue involves volatility. The “experts” claim high-implied volatility is good for Iron Condors.
Options trading success involves more than just putting on an Iron Condor during flat markets or during high-implied volatility conditions.
I can provide you the greater edge you require.
And defense comes into play at this point.
After all, you have credit in your account after placing an Iron Condor deal. Therefore, you must safeguard this money, or at the very least, save as much of it as you can.
Consider the short options you sold as a football goal line. To generate a loss against your position, the market needs to score or cross that line.
Additionally, you have to protect two goal lines in the Iron Condor scenario: the put spreads to the downside and the call spreads to the upside.
When using Iron Condors, the majority of retail traders concentrate only on offense, not considering the consequences of a failed deal.
Simply avoiding this error will…
Experience a degree of success that is uncommon for Iron Condor traders.
Anyone can, in fact, defend themselves against trade breakouts.
I wish I could write a brief letter outlining the entire procedure right now. However, it’s simply not feasible. (You’ll soon realize why.)
I made a comprehensive video instruction because of this.
to demonstrate in detail how to implement a thorough and flexible risk management strategy that enables you to immediately eliminate risk.
I can tell you now that a multi-layered strategy is necessary to defend your trades.
1. General risk management comes first. You specify how much you can risk on a single deal in this tier.
2. Static risk management is the next tier. “What is the stop value at which I can remove one of my credit spreads and roll it out further in distance?” is essentially what you ask yourself.
After that, you build on this basis by figuring out how much dynamic risk you can stand. In order to offset your risk, you also determine whether you can add any hedge bets.
3. A dynamic risk management layer comes next. As you can see, some positions that are placed in advance have the potential to both dynamically increase in value and protect your credit spread holdings from a deep attack.
These are what I refer to as your “sleep-at-night” positions.
4. Active risk management is your final point. This last phase is determining when to close your position for the highest returns as well as weighing the possible risk of more market movement against the possible reward of holding onto a position longer.
Start protecting your Iron Condor positions today!
As you can see, it takes time to prepare your defense. However, you become more at ease while trading as you put the simple, step-by-step levels into practice.
Because each layer removes a higher level of risk, you feel more secure.
Now, allow me to explain the specifics of the OptionsMD Advanced Iron Condors course.
In order to give you the most advantage on your trade entry, the three-hour session starts with sophisticated attacking strategies. After that, we thoroughly examine every stage of risk management so you are aware of what needs to be done and when.
You learn …
• Advanced entry techniques to increase probabilities
• Static risk management
• Dynamic risk management via options Greeks
• Active delta management
• Active risk management
• Higher reward-to-risk Iron Condors
I also provide you with all the tools and strategies you need to professionally manage the risk of your options portfolio.
Slides for every session, additional program materials, and an educational DVD sent to your home are also included in your three-hour video.
And it’s not just that.
I can say with perfect certainty that my trainings are effective because I have coached hundreds of traders. You can test the OptionsMD Advanced Iron Condors program risk-free for the next 30 days because I’m so confident it will yield steady gains for you.
Watch the instructional videos. Examine the slides. Examine the DVD. Test the plan. go over the full course as many times as you’d like.
To demonstrate that you can instantly include risk management into your trading approach and experience more steady earnings, I’m taking on all the risk.
The basic line is that you will succeed if you follow the instructions in the video.
I’ve made it as safe as possible for you to proceed with your trading career.
Now is the time to try the Advanced Iron Condors training from OptionsMD!
