Iron TariHi 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.
WIN
IRON TARIHi guys,
according to my strategy we have 4weeks 15% strikes, 91% probability of success.
For this Iron condor with 5$ spread for each side there is a max profit of 55$ and a max loss 445$: if you are new in Iron condor you should find this R/R ratio very poor compared with forex, but we have very high odds at our side! 91% to get the maxim profit, plus 5$ 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 445$.
IV is too low to trade a strangle, even the odds are so great!
Enjoy your wallet!
Tari.
Iron TariHi guys,
according to my strategy we have 4weeks 15% strikes, 93% probability of success.
For this Iron condor with 5$ spread for each side there is a max profit of 100$ and a max loss 400$: if you are new in Iron condor you should find this R/R ratio very poor compared with forex, but we have very high odds at our side! 93% to get the maxim profit, plus 5$ 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 400$.
I prefer a strangle this time, max profi is 250$, and if things go wrong I close the trade for a max loss of 800$, getting a better R/R ratio, always with a 90% of max profit!
Enjoy your wallet!
Tari.
💠Win And Lose Story ( How To Win In The Market )💠 Education 💠Hi My Friends 👋👋
💠 Today We Have Great Story For ( Khaled VS Mohamed ) 💠
1 - Khaled : Start Day » Deposit And Lose All His Money At The End Of The Day !!
👇 Because 👇
❌ — He has no trading plan — ❌
1- He Spend More Than 12 Hour's On Chart without advantage
2- He Not Use Stop Lose
3- He Don't Have Money Management
4- He Don't Learn How To Trade
5- Follow Any Signal Without Analysis
———————————————————————————
2 - Mohamed : Start Day » Deposit And Win At The End Of The Day !!
👇 Because 👇
✔️ — He has trading plan — ✔️
1- He Spend 3 - 6 Hour's Only On Chart
2- He Use Stop Lose
3- He Have Money Management
4- He Learn How To Trade
5- He Don't Follow Any Signal Without Analysis
So Now You Can Choose Your Side .. Khaled Or Mohamed ?!! Text In Comment
Iron Tarihi 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.