hi guys!
This iron condor is 4weeks strike 7%, 74% probability to gain the max profit. We need a rew/risk = 100-74/74=0.35
Actual RR is not so good, just 0.45, that is'n so that bad, we can trade this because we have an edge, but since I already placed other 5 iron condors only today I prefer to place a pending order @0.52.
enjoy youra wallet!
Tari.
This iron condor is 4weeks strike 7%, 74% probability to gain the max profit. We need a rew/risk = 100-74/74=0.35
Actual RR is not so good, just 0.45, that is'n so that bad, we can trade this because we have an edge, but since I already placed other 5 iron condors only today I prefer to place a pending order @0.52.
enjoy youra wallet!
Tari.
Trade closed: target reached
Max profit!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.