Todd Mitchell – Iron Condor – Advanced

Todd Mitchell – Iron Condor – Advanced

The Iron Condor is a profitable trading strategy … but that’s not to say it doesn’t have challenges.

In fact, when you use the strategy like everyone else, problems can quickly escalate.

Let me explain…

As you know, the Iron Condor is a relatively simple strategy in concept. You place credit-spread positions above resistance and below support. That way the price has a range you can trade within until expiration.

But because the strategy is so simple to grasp, many traders jump in before they’re really prepared to manage the trade effectively.

They overlook the critical step that separates the struggling retail traders from the pros …

Risk management.

This ​​Is ​​The ​​Pros’ ​​Secret ​​For ​More ​Consistent Profitable ​Results ​Trading ‘Iron Condors’.
The truth is, the Iron Condor strategy is more complicated than most “experts” care to admit.

Just as in any sport, you need an offense. But to win consistently, a strong defense is just as important.

For example, it’s true Iron Condors are great for flat markets. However, these conditions also create a common trap.

How often have you placed an Iron Condor after watching a market trade within a range for a while – only to get run over on a breakout?

It happens.

After all, range contraction leads to range expansion.

But the problem isn’t the price breakout itself. It’s that you didn’t have a game plan in place ahead of time to account for the potential move.

This is like driving a car without brakes or steering – you can’t stop or avoid obstacles.

If you’ve fallen victim to this flat market trap, you’re definitely not alone. As I mentioned earlier, Iron Condors create problems for traders who “trade blind.”

The other major issue involves volatility. The “experts” claim high-implied volatility is good for Iron Condors.

But take a look at this …

Options ​Trading ​Success ​Involves ​More ​Than ​Just ​Putting ​On ​An ‘Iron Condor’ ​During ​Flat ​Markets or ​During ​High-​Implied ​Volatility ​Conditions.
You need a better ​EDGE … one I can show you.

And this is where defense enters the game.

After all, once you place an Iron Condor trade, you have credit in your account. So you need to protect this money – or at the very least, keep as much as possible.

Think of the short options you sold as a goal line in football. The market must score or move past that line to create a loss against your position.

And in the case of the Iron Condor, you must defend two goal lines – the call spreads to the upside and the put spread to the downside.

Most retail traders who use Iron Condors focus all their efforts on offense, without thinking through what happens if the trade doesn’t work out.

If you simple avoid this mistake, you’ll …

Enjoy ​A ​Level ​Of ​Success ​That ​Few ​People ​Who ​Trade ‘Iron Condors ​Ever ​Experience.
The truth is, anyone can protect themselves against trade breakouts.

I wish I could explain the entire process – right here and right now – in a simple letter. But it’s just not possible. (You’ll understand why shortly.)

That’s why I created an all-inclusive video training …

To show you step-by-step how to apply a comprehensive and dynamic risk management plan that allows you to neutralize risk on the fly.

What I can tell you now is that defending your trades requires a layered approach.

1. The first is general risk management. In this layer, you define how much you can risk on one trade.

2. The next layer is static risk management. You basically ask yourself, “What is the stop value at which I can remove one of my credit spreads and roll it out further in distance?”

You then top this foundation by determining how much dynamic risk you can tolerate. You also find out if you can add any hedge positions to neutralize your risk.

3. Next up is a dynamic risk management layer. You see, certain positions placed ahead of time can not only dynamically grow in value, but also help defend against a deep attack on your credit spread positions.

I call these your “sleep-at-night” positions.

4. You then conclude with active risk management. This final step involves evaluating the potential reward of staying in a position longer versus the potential risk of additional market movement, as well as when it’s time to close your position for maximum profits.

Start ​Protecting ​Your ‘Iron Condor’ ​Positions ​Today!
As you can see, setting up your defense takes time. But as you implement the step-by-step, easy-to-follow layers, you find yourself more relaxed when trading.

You feel more confident because each layer eliminates another level of risk.

So let me share the details of how the Advanced Iron Condors training works.

The 3-hour program begins with advanced offensive techniques, so you get as much edge as possible on your trade entry. We then dig deep into each level of risk management, so you know what actions to take and when to take them.

​​Furthermore, I give you all the necessary tools and techniques to professionally risk-manage your options portfolio.

Your 3-hour video also includes slides for each session and supplementary program materials ​to help ensure your ultimate trading success using the ‘Iron Condor’ (or ‘Credit Spread’).

And that’s not all …

Because I’ve mentored thousands of traders, I know with absolute confidence that my trainings work. In fact, I’m so sure the Advanced Iron Condors training will deliver consistent profits for you that you can try it for the next 30 days at no risk.

Watch the training videos … go through the slides … review the DVD … test the strategy … go through the entire training as many times as you want …

If at any time during the next 30 days, you don’t believe the training is worth at least 10 times your investment, simply contact my support team and I’ll rush you a 100% refund.

I’m taking all the risk to prove you can immediately incorporate risk management into your trading strategy and enjoy more consistent profits.

The bottom line … if you take the steps laid out in the video, you will succeed.

I’ve made it as safe as I can for you to take next step in your trading future.

Try the Advanced Iron Condors training today and I hope to see you on the other side!