I posted the remains earlier today here: #msg-39557692 Still holding ... Profitable as long as QQQQ <= 37. I never did open the Bullish side of the Condor (vertical put credit spread) only the Bearish side.
The BIG Lesson learned here is to always do a Full Condor ... don't try to leg into any spreads ever. Even if all is going in your favor for a while on getting into one leg ... it's bound to come back and bite you. The whole purpose of a spread is for added protection / safety. I know you're giving up some Profits to get that lower risk, but that decision was already made by deciding to spread ... live with it . . . just like controlling your emotions when you leave some Profits on the table by exiting too soon ... live with it .. steady Profits is the way to wealth. Losses eat away at your growth towards that goal. I am aiming for steady, stable, and continuous Profits by Trading Iron Condors during what was a sideways Market. I will stick to that from now on .. Opening Condors and adjusting both sides to maximize Profit as the Market moves. .
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