Iron Condor - Is this the best?

crayon851 · Nov 24, 2014

newwurldmn said:
Like my story. Yours is repetitive as well... you just don't know it.
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dont you have better things to do than to waste your time replying to threads of people you dont like?

newwurldmn · Nov 24, 2014

Does everyone who is answering your redundant questions only to be accused of being rude have better things to do?

galvinlee888 · Nov 25, 2014

crayon851 said:
ill make it work. not a novice in trading stock, but a noob in options. im adamant about making it work. maybe not mtm, but over the course of a year.
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All the best, lol.

crayon851 · Nov 25, 2014

newwurldmn said:
Does everyone who is answering your redundant questions only to be accused of being rude have better things to do?
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clearly they dont.

crayon851 · Nov 25, 2014

galvinlee888 said:
All the best, lol.
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howre you doing in this extended bull market?

newwurldmn · Nov 25, 2014

crayon851 said:
clearly they dont.
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Are you this much of a douche in real life?

crayon851 · Nov 25, 2014

only to people who are rude.

Gimpyron · Nov 26, 2014

VIXTrader said:
I can't speak for anyone else here, but after re-reading my own comments I really don't think I've said anything rude in anyway to him. He clearly doesn't know what he's doing (and we've all been there when we started) yet he seems determined to pretend he does. That usually leads to one place, trading losses. I'm not trying to be rude, just speaking the truth. Arrogance and stubbornness usually lead to losses.

You are right about one thing though Crayon. It is vital that a trader finds his own way, finds his own techniques that work, even when others will say they won't. This is a skill every successful trader needs to have. The fund I manage trades five different strategies, two of them are often criticized by other traders. That doesn't bother me though because they work for reasons I fully understand.

Having said that, you can't just go around blindly and like I said, jam square pegs into round holes. Some unconventional strategies work, and some are just mathematically unattractive. Your desire to blindly trade Iron Condors without monitoring your entries as the most important aspect of the trade is the latter.

Iron Condors are a great trade, nobody here is saying otherwise. We're simply telling you that the entry is what makes or breaks the trade. Sometimes conditions are great for a good old Iron Condor, and sometimes it's a terrible choice. If you consistently slap on Iron Condors in unfavourable conditions, no amount of management techniques taught to you by some online guru for 49.99$ a month will save you.
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Cheers

newwurldmn · Nov 26, 2014

crayon851 said:
only to people who are rude.
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Wow. You don't think much of anyone on this board do you? Yet you keep coming here asking for handouts.

crayon851 · Nov 26, 2014

newwurldmn said:
Wow. You don't think much of anyone on this board do you? Yet you keep coming here asking for handouts.
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hey do you want to be friends?