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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!

Tari.



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