DONATE & Share Post Your Content On Smart Money Management

Follow Our Hourly Post by Email

Search This Blog

Iron Tari

Iron Tari

Hi guys,

according to my strategy we have 4weeks 20% strikes, 99% probability of success, this means that we never had a lost in the past.

For this Iron condor with 5$ spread for each side there is a max profit of 90$ and a max loss 410$: if you are new in Iron condor you should find this R/R ratio very poor compared with forex, but we have very high odds at our side! 99% to get the maxim profit, plus 5$ extra on both sides (the long legs) before to get tha max loss. If the weekly candle closes over the short strike we close the trade, for a loss lower than max loss of 461$.

If you are more experienced you'd love to jump in this trade as I do, Strangle, no long legs, for a max credit of 130$, IV is 75%

Enjoy your wallet!


from Trading Ideas
via gqrds

No comments:

Post a Comment