Mark Wolfinger – Iron Condors (The Best Option Strategies Book 2)

There is more that makes this book so special. It is not just a “how to” book because I share lessons learned from a lifetime of trading options (starting in 1977 when I became a CBOE market maker). File Size: 728.38 kB

Mark Wolfinger – Iron Condors (The Best Option Strategies Book 2)

Iron Condors is the third book in the “Best Option Strategies” series that offer a hands-on education for some of the most useful option strategies. It is intended to be very different from all other books you may have read that discuss this versatile option strategy.

Expect to learn the basic concepts of trading iron condors: (1) How to decide which options are suitable for your iron condor. There is no single ‘best’ position that suits all traders; (2) Ideas — with specific example — on how to manage risk; (3) Figuring out when to exit. We’ll discuss the pros and cons of locking in profits quickly (not a good idea) vs. holding longer (but not too long).

There is more that makes this book so special. It is not just a “how to” book because I share lessons learned from a lifetime of trading options (starting in 1977 when I became a CBOE market maker). I share my philosophy on iron condor trading and ideas on how a winning trader thinks. The goal is to offer guidance that allows you to develop good trade habits and an intelligent way of thinking abut trading. We all learn as we gain experience, but some experience can be destructive when mindsets which are dangerous to your longevity as a trader become habitual. This books helps you avoid developing those difficult-to-break mindsets.

This book was prepared for an audience that already understands the most basic concepts about options. Although some of the material will be suitable for rookies, if you do not understand the difference between a put and call or have zero trading experience, I encourage you begin with the most basic concepts about options before continuing. There are numerous sources of information, but I recommend my recently updated (2013) “The Rookie’s Guide to Options, 2nd edition.”

Another decision involves a pre-planned (I encourage the preparation of a trade plan for each trade) exit to lock in the profit. If you have no profit target, then you will be hard pressed to make decisions as time passes. As profits accumulate, it becomes a daily decision: hold or exit. It is important to recognize when there is just too little remaining profit potential in the trade to warrant holding. That is where the trade plan, and the target profit, can help you become a disciplined trader.
Closing the position may be easy and pleasurable, such as when you earn the target profit before expiration arrives. However, it could also be a gut-wrenching decision that locks in a loss and is made because it has become essential to take risk-reducing action. This book offers a solid introduction to risk management for iron condors.

The following points represent the foundation of my beliefs, and the book is written accordingly: (1)The ability to manage risk is the most important skill for any trader; (2) Take time to learn about the Greeks. It is not difficult, and it allows you to recognize the risk (and reward) potential for any position; (3) Discipline is necessary when managing risk. It is one thing to say that you understand what risk management is all about, but it is another to put it into practice; (4) Let another trader earn the last nickel or dime on the position. Pay a small sum to exit the position, lock in profits, and eliminate all risk.

The iron condor is most often traded as a single transaction, consisting of four legs. However, it is managed as if it were two positions. This is not a contradiction. An adjustment is made when one of these two spreads is at risk of losing money much more rapidly than the other spread can earn money to offset that loss

Here’s What You’ll Get in Mark Wolfinger – Iron Condors (The Best Option Strategies Book 2)

– Download Sample files “Mark Wolfinger – Iron Condors (The Best Option Strategies Book 2)”

Course Requirement: Mark Wolfinger – Iron Condors (The Best Option Strategies Book 2)
Real Value: $10

Frequently Asked Questions For “Mark Wolfinger – Iron Condors (The Best Option Strategies Book 2)”

How to make payment for “Mark Wolfinger – Iron Condors (The Best Option Strategies Book 2)” ?

• Please add to cart on this page and go to checkout page. You can also add as many other products as you like and make a one-time payment.
• We accept several type of Stripe payments such as Visa, Mastercard, American Express, Discover, Diners Club, Google Pay, Apple Pay and JCB, payments from customers worldwide. Paypal & Bitcoin please contact us.
• We strongly recommend our customers to make a payment through Stripe & Paypal . Because it is a safest and super security for you as well as for us.

Is it safe?

• 100% Secure Checkout Privacy Policy
• Encryption of sensitive data and communication.
• All card numbers are encrypted at rest with AES-256 and transmitting card numbers runs in a separate hosting environment, and doesn’t share or save any info.

How can we deliver you the course?

• After you pay for “Mark Wolfinger – Iron Condors (The Best Option Strategies Book 2)” on our library, please follow the download links in your account page here: |Mark Wolfinger – Iron Condors (The Best Option Strategies Book 2)|
• In some case, the link is broken for any reason, our supporter will renew the download links and notify to your email within a few hours business day. Your patience is appreciated.

How long do I have access to the course?

•  How does lifetime access download?
• After enrolling, you have unlimited download to this |Mark Wolfinger – Iron Condors (The Best Option Strategies Book 2)|  for as long as you like – across any and all devices you own.

How to download “Mark Wolfinger – Iron Condors (The Best Option Strategies Book 2)”?

• Enjoy “Mark Wolfinger – Iron Condors (The Best Option Strategies Book 2)” in your account page.
• Download only one file at a time. Sometimes doing all of the files at once will lead to them all freezing.
• Also, please do not attempt to download to a mobile device. These should be saved to a computer and then synced to devices such as phones and tablets.
• You can also learn online instead of downloading, but we encourage you to download for better results and viewing quality during your learn. Lastly, download times are much quicker in the mornings, before noon, Pacific time. during download make sure your device is not sleeping off screen.

What is the refund policy “Mark Wolfinger – Iron Condors (The Best Option Strategies Book 2)”?

• We’ll Bear The Risk, You’ll Take The Results…
• Within 30 days of purchased |Mark Wolfinger – Iron Condors (The Best Option Strategies Book 2)|, if you don’t get anything out of the program, or if your order has any problem, or maybe for some reason, you just don’t like the way it is. Please contact us and we will do our best to assist. Thank you for your understanding.

Have More Questions?

Our support staff is the best by far! please do not hesitate to contact us at email: [email protected] and we’ll be happy to help!

You want to get “Mark Wolfinger – Iron Condors (The Best Option Strategies Book 2)?!!!

YES! I’M READY TO ADD TO CART BUTTON ON THIS PAGE NOW !