Hi guys,
this is another iron condor from the strategy W1 5% strike.
Probability 63% gives a Rew/Risk = 100-63/63=0.58
Today the market does'nt pay enough, RR is 0.60, not that much we'd like to trade, but we can leave a pending order to get something more.
In this case I prefer to widen the spreads of the 2 vertical, always having a RR not lower than 0.58. This is because the wider the spreads are, the higher our prability of success are. In this case the breakeven moves a bit giving us an higher range to be protibable, plus the max loss moves on each side of 4$. 8$ more for the iron condor is a good extra room for the price.
So in this case we enlarge our probability of success, without touching the RR ratio.
Enjoy your Wallet!
Tari.
this is another iron condor from the strategy W1 5% strike.
Probability 63% gives a Rew/Risk = 100-63/63=0.58
Today the market does'nt pay enough, RR is 0.60, not that much we'd like to trade, but we can leave a pending order to get something more.
In this case I prefer to widen the spreads of the 2 vertical, always having a RR not lower than 0.58. This is because the wider the spreads are, the higher our prability of success are. In this case the breakeven moves a bit giving us an higher range to be protibable, plus the max loss moves on each side of 4$. 8$ more for the iron condor is a good extra room for the price.
So in this case we enlarge our probability of success, without touching the RR ratio.
Enjoy your Wallet!
Tari.
トレード終了: 利益確定目標に到達
Max Profit!
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。