If this is your first visit to The Night Trader, you are in the right place :-)! I want to thank you for taking the time to stop by my blog. I think you will find a lot of useful information to help improve or jump-start your options trading. This blog is designed to serve traders that actively trade, or those desiring to learn how to trade.
This blog has several purposes:
- Help educate fellow traders, and create a place where we can share trades and ideas.
- Motivate me to stick to my strategy, and be accountable to fellow traders.
- Encourage those who are thinking of trading options, and give them specific examples of how it can work for them effectively.
- Earn passive income via a few choice advertisements and reviews.
All trading posts assume that you understand how I trade options, and specifically how I trade long strangles. For more information read through the following two posts:
- (Long) Strangle Basics
- (Long) Strangle Details
Currently 99% of all my trades follow the long strangle strategy. I try and post at least twice a week with updates, lessons learned, new trades, etc. If you want live updates on any trades be sure an follow me on Twitter! Please leave your comments, questions, arguments, dissertations, etc. Again, welcome and happy reading!
What is a Guaranteed Investment Fund (GIF)?
13 years ago
1 comments:
Hi Justin,
My name is Jerry. I am a new Iron Condor trader. I began with credit PUT Spreads, had some success, then recently discovered the Iron Condor. I'm currently on my 2nd Condor trade (January expiration).
I made 10 percent on my 1st Condor and stand to make 15 percent on this one if the S&P can stay between 800 and 1000 until January 16th.
I trade Condors exclusively with S&P 500 index contracts. I have left stocks for good.
I am searching the net for free information and came across your site. I expect to make some mistakes as I take this venture on, but I also hope to learn as much as I can so as to minimize those inevitable mistakes.
Perhaps we can learn some stuff together over the next few years. This has become my overriding trading strategy.
Jerry
pokerjer@verizon.net
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