Selling Options - Iron Condor Basics - Creating a Money Machine

It is believed that the secret to successful trading is not the strategy in and of itself. It's the practice development, improvement and repetition that will bring you success! Iron condor is an iron condor strategy can be an excellent income producing strategy, but most people have difficulty with it, particularly new traders. Why? Because they aren't certain what to do if something goes wrong in the trade. They don't know what strikes to choose. They don't know what expiration to choose. This is why they just put something they've seen someone else do. They're at a loss in managing the trade since it's not really their business. They aren't sure how to handle it. While this isn't an comprehensive iron condor course, I would like to provide some insight into how to make the iron condor trade and why it is worth looking into and more importantly, provide you with an understanding of the way that average wins and average losses, along with the winning percentages determine the final outcome. If you're looking for an extensive iron condor course, my "iron condor system for today's market" is an excellent choice. When we sell the iron condor, we are expecting the price to fluctuate. It's okay to see the price rise slightly and then goes back down a little. It's actually a good thing for this to happen since we're looking to burn some calories. The trade earns its money through the passage of time and the price remaining constant. While the market may not always remain perfectly steady however, it tends to gyrate for a significant portion of the time, and remain within a certain range. Therefore, can we locate a particular stock or index that stays within a certain range? And could we earn enough profit frequently enough to cover the risk? This is the main thing to consider to reduce the risk. Begin by learning the basics of this fascinating option trading strategy and more important, learn how to practice and repeat your strategy to create a money machine!