Iron Condor Premium and Stop Loss


#1

After listening to quite a few webinars by Mr. Martin about diagnosing and setting up an IC, I have question about how the premium dictates what your Stop Loss should be. For example, If your premium is +100 on both sides, DM states that your 1:1 SL would be 100+100, for a total of $200! I know setting your SL too small can really limit you in terms of your winning %. However, would a 100 SL be reasonable? Also, I’m trading with about a $2000 account size.