In “The TEA Iron Condor,” Andrew Falde presents the following:
- The utilization of a technical signal to actively reduce risk in market-neutral trades and minimize subjectivity in your trading.
- The specific rules of the strategy, which are applicable to accounts with a minimum of $10,000.
- Numerous day-by-day examples to instill confidence in your ability to make appropriate adjustments at the opportune moments.
- How implementing an effective management strategy can significantly enhance your long-term success probabilities.
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How Can Consistent Results Be Achieved with a 100% Systematic Trade?
The TEA Iron Condor encompasses various management methods within one system, addressing essential trading aspects. You will benefit from a unified set of rules to manage trends, momentum, and ranges.
The Momentum/Trend: This aspect is overseen through the signal, sizing of each iron condor side, and the trade’s strike placement adjustments.
Premium Decay: This trade primarily relies on premium decay (Positive Theta) in options. The directional elements of the system are purposely designed not to interfere with premium decay but rather to protect it.
Range: While this trade excels in range-bound markets, it is noteworthy that unlike many iron condor strategies, it also performs exceptionally well in both bullish and bearish trends.
More courses from this author: SMB
Course Features
- Lectures 1
- Quizzes 0
- Duration 10 weeks
- Skill level All levels
- Language English
- Students 0
- Assessments Yes
