My First Condor :-)


#1
 I executed my first IC late last night, and will be collecting premium in a few minutes.  :slight_smile:  I have some questions...

 Are the IC recommendations in the News Trading Calendar meant to be taken at face value?  IE, if I can find a setup at or above the recommended profit target, I'm good to go?  

 How much analysis should I devote to finding the trade setups?  I ask because this looks WAY too easy.  

Thanks!


#2

Great Trade!!

As for the IC recommendations from the News Trading Calendar, they are meant to be taken at face value. If you can find the recommended setup, just enter the trade and hopefully profit from it.

Kinda like watching paint dry. :wink:

If it turns out ICs are something you want to keep doing. Here is a great idea from another postโ€ฆ https://forum.apexinvesting.com/t/back-in-the-saddle-doing-iron-condors/4175

Ive been demoing just doing the NQ for the past 2 weeks to great success. Profits ranging from $22 to $136 per contract. All but one of the times I exited before expiration.


#3

Thanks! Hopefully I will keep them coming. :slight_smile: