What is the Difference Between Buying and Selling an Iron Condor? Risk, reward and probability of success. Like most things in life the more risk you take the higher your potential reward but the lower chance of success. This is buying an Iron Condor On the other hand, if you take less risk your reward […]
QQQ – 9/10/18 – Iron Condor Decided to place a QQQ trade on 9/10, really the credit I got was not all that great when I entered the trade. I was trying to stay in the market and liked the strikes I was able to get so decided to go for it. When I entered […]
HD – 9/05/18 – Iron Condor On 9/5 I decided to place an Iron Condor trade on HD. HD was trading at $204.27 with an implied volatility rank of 13, not great but I decided to go with it anyway. When I placed the trade I had a 60.5% probability of success if I held […]
What is the Difference Between Buying and Selling a Butterfly? Simple, risk verses reward. I bet you wanted more than that right? Well, if you insist. Let’s take a couple of real life examples looking at the market right now. Let’s look at TSLA which is trading at $297.04 right now with an implied volatility […]
SPX – 07/31/2018 – Iron Condor I started this trade looking for an Iron Condor, I entered the Put side first and was filled in about a day. Next I entered an order for my Calls but … I was never able to get filled at a level I was comfortable with. SPX was trading […]
Trade4Profits: Watch Me Trade 2 Watch Me Trade 2 is a continuation of our first Watch Me Trade book. This time we show even more trades including a focus on range bound high probably trades such as Iron Condors and Broken Wing Iron Condors. This trading journal focuses more heavily on these strategies than our […]
Trade4Profits: Watch Me trade There are lots of books out there on trading but how many of them teach you as well as let you study real entries from a traders private trading journal? In my book, I let you look over my shoulder as I trade covered calls, diagonals, butterflys, credit spreads, debit spreads, […]
Trade4Profits – Shortcuts to Profitable Trading This is our first book giving you an introduction to the way we trade and why. Shortcuts to Profitable Trading helps new and experienced traders learn techniques for profitable trading. Based on our over 20 years of experience trading equities, options, forex and commodities. Use Options to generate substantial […]
EWZ – 9/4/18 – Iron Condor Saw a quick opportunity to get into a high probability trade on EWZ. The implied volatility looked good and the chart supported my short positions. On 9/4 I sold the 10/19 $37 Call and purchased the $40 Call to cover it. At the same time I sold the 10/19 […]
It is ALMOST Time! Our newest book the new and updated, with all new trades Watch Me Trade 2 is at the editors! This is our second Trade Journal Book, this time we have a much more in depth focus on Iron Condors and Broken Wing Condors. Sorry, no pre-order. But It will be out […]
