Trading Options As A Business - System Overview

http://blog.theoptionclub.com/

If you are timid about "Pulling The Trigger" on your stock option trades, hanging onto your losings trades too long and closing your winners too soon, or just still trying to figure out how YOU can consistently make money trading options, then it may be time that you discover how yo trade stock options like a business using "The Numbers" to methodically create, manage and adjust a portfolio of stock option trades without guesswork.

When trading options like a business, you will find yourself calmly managing options positions by-the-numbers. Using option strategies like the iron condor, calendar spread, and diagonal spread you will how to create, manage and adjust a portfolio of stock options. Winning trades are automatically allowed to mature while losing trades are calmly adjusted or closed to minimize losses. The entire process requires no more than 15-minutes each trading day.

This video, plus several others, are now available to view.

http://blog.theoptionclub.com/

Category:

Howto & Style

Tags:

• stock options
• trading as a business

[clslaw66]

A couple quick thoughts... First, you want to be very careful about trading real money until you have learned how to manage these trades. Second, while adding a second iron condor may have some potential merit, but keep in mind that you're losing money on the original trade. You'll need to deal with that in some manner. Also, you did not mention what the option Greeks were telling you about the risk in your position. That will often reveal the quickest solution.

[btaylor9661]

I bought your program but am still confused about adjusting the condors or spreads to keep them profitable. What I did was when I saw the condor rising up close to the upper spread I put on anoth.er upper spread to give me some additional premium and a higher probablily, I am not sure this is how to handle it.