I first became hooked on Iron Condors when I first started trading this option trading strategy about 2 years ago.
For those of you who dont know what an Iron Condor is, it is a simple to put on and manage Option Trading Strategy that can produce regular yields of around 5 to 10 percent on a MONTHLY basis.
If done correctly, these returns can be very consistent - and the best part is that these trades can be made with very little time actually trading. In other words, you dont have to be glued to your computer screen all day. In fact, they can be effectively monitored and traded spending as little as a few hours per month.
HOWEVER - as profitable and simple as these trades are to put on and manage - it IS possible they could put a significant dent in your trading account - IF you dont learn how to effectively adjust iron condors and follow some very basic and easy management rules while trading them.
I am always looking for more information and new tricks and tips on trading Iron Condors - and I've recently found a gem of an online resource that explains these rules in a very easy to understand and straightforward way, and after paper trading and backtrading the specific rules given - I am completely blown away by the results.