Dagnyt â I liked your article. However, the article that I was thinking about was in the November, 2008 issue of SFO Magazine. http://www.sfomag.com/BackIssues/backissue.aspx?ID=91 It is titled âDan Harvey â The Supertrader of Index Optionsâ. Two points from that article are as follows 1. The risk/reward ratio of Iron Condors is terrible. A trader typically risks $10 to make $1 to $1.50. 2. Harvey teaches adjustment. For him, trading is the same as making adjustments. Out of 168 months of condor trading, Harvey has made adjustments every month except one. After reading that article, I come away thinking that if you want to trade iron condors, it is necessary to learn how to adjust your position and that requires training.