IRON CONDOR 101 Download

How good do you think you would get at managing Iron Condor trades if you could manage 100 different trades in a day?

By comparison, in real time, placing one trade a per option cycle, managing 3000 trades would take you…


The day I was scheduled for the procedure, the market moved against my position. An Iron Condor trade I had placed was in a bad way. I stood to loose a lot of money.

I didn’t know if I should close the trade….or if I should adjust the trade…I didn’t know how to manage it…honestly I didn’t have enough experience to know what I was doing. Really honestly; I shouldn’t have been in that trade to begin with.

All I could think was: I wish I had traded Iron Condors a thousand times before so I had the experience to know what to do.

But I hadn’t. And I was going to be unconscious under general anesthetic for hours while the doctors worked on me.

I can’t tell you how stressed out I was….I should have been focused on my health…but all I could think about was what would the index do while I was out on the operating table.

I woke up in the hospital, and the first question I asked by wife was: "Did the S&P index go down at all?"

Not "Hey, did they find any cancer in there?" or "Hey, am I going to live or die?"

Needless to say I wasn’t popular around the house for a few days. Fortunately for me, I got lucky; the doctors gave me a clean bill of health and the S&P moved back into a place where my trade was profitable again. Whew.

But that experience got me thinking about how hard it is to really learn how to manage Iron Condor trades.

And there are good back-trading programs and paper-trading platforms…but it’s genuinely painstaking to place and click through trades over and over and over again.

And most of the focus of all of the above is on how to place the trade. But placing the trade isn’t most of the battle.

Managing the trade is what you really need to practice…because once you place the trade, you have to manage it for a full option cycle…which lasts from the third Friday of the month you are in now to the third Friday of the next month.

So I set out to create a tool that would help myself, and other traders like me. I wanted to practice managing Iron Condor trades over and over and over again. I wanted to learn what to do when the index went up….or down…or didn’t move much at all. I wanted to create a tool that would help me train so the next time I was in an Iron Condor trade, I would know what to do.

And I didn’t want to wait for years of trading experience to have the equivalent of years of trading experience.

Because with Iron Condor trades, when Mr. Market cooperates, it’s easy money, no stress, and a good return.

This is Level One of the game, and with a trade placed on the S&P….about to expire with almost a thousand dollars in profit:

Once that trading cycle expires, another cycle automatically begins….and you manage the next trade till expiration as well.

You choose the index to trade – the game contains the historical index data for the S&P, the NASDAQ, and the RUSSELL. So you can practice on any or all of these indexes.

And in Level Two of the game, you can also decide whether or not to adjust the position with additional puts and calls.

Here’s a Level Two trade on the NASDAQ where buying an additional couple of puts has really paid off…with only one day left till expiration!

We know this is a brand new paradigm for learning about stock options, and you must have questions about this amazing product.

Iron Condor 101 contains historical stock index prices. It’s like a DVR for the stock market. It plays back month after month for you automatically. And it automatically places an Iron Condor trade so you can focus on learning how to manage the trade.

There is no predicting the market…so working with real data is the only way to really get the experience of what it’s like to be in one of these trades.

YES! You control the speed that the market plays back at. Set it to the slowest setting and it takes about a minute and a half to go through an option cycle. Which, trust me, is plenty of time to make your decisions. We experimented with having it run slower…and it was deathly boring.

Most of the time with these trades you have three decisions you can make: ride it out till expiration, close the position, or adjust the position.

At the slower speed settings in the game, you can really watch the market move at a measured pace, and make your decisions.

Or..if you are impatient like me….set it to the fastest setting, and you can tear through a trading cycle in about 8 seconds.

YES! Level two of the game (included in your download) allows you to practice adjusting Iron Condor trades buying additional puts and calls.

Sure, no problem. Iron Condor 101 contains the historical index information of the NASDAQ from 1971-2011, the S&P from 1962-2011 and the RUSSELL from 1987-2011. 

We plan to update the indexes annually to keep the game current, at no additional cost to you. So future index data updates for NASDAQ, RUSSEL and S&P will be at no cost to you, ever.

Just like in real life, you have to trade the month that the market gives you. The game randomly selects a month from the chosen index….once that month…

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IRON CONDOR 101

Preston James Download

Yes! I would like to receive emails loaded with actionable trading and investing know-how that I can put to work and profit from, regardless of the state of the economy

"Speculators rushed into options on a tiny Canadian developer of fuel cells called Ballard Power Systems Inc.


Perhaps anticipating the hoopla, traders snapped up options on Ballard Power on several occasions last week, said Jon Najarian, who tracks options for optionmonster.com.”

Riding the Bull by Writing Puts on Large-Caps:Goldman Sachs’ wily options strategists recommend selling put options to express a bullish view on mega-cap stocks, even as some investors fret that stocks will slip during the lazy days of summer…

CHICAGO, (Reuters) – Many option players have donned their helmets in Harley-Davidson Inc, playing it safe as they snap up puts to protect their stock gains ahead of the motorcycle maker’s quarterly earnings, traders said.

More than 33,600 puts and 17,386 calls of Harley changed hands in the U.S. options market on Wednesday, far outpacing the normal daily volume of 11,228 contracts, according to market research firm Track Data.

Yes! I would like to receive emails loaded with actionable trading and investing know-how that I can put to work and profit from, regardless of the state of the economy

I’ve known Preston (aka ‘Pirate’) for coming up on a decade now and he’s one of the sharpest option traders around.

He’s constantly creating opportunities — he is also one of the best I’ve ever seen at exploiting those opportunities.

I’ve met hundreds of folks face-to-face that subscribe to his services and I can honestly say that his subscribers speak EXTREMELY HIGHLY of him and the results they’ve gotten using his systems."

Jon is a 25-Year Verteran CBOE Floor Trader, and Author of: "How I Trade Options" and Founder of OptionMonster.com

Preston has refined his system enough to teach you how to gain and keep your own edge on the market— he’s the real deal."

Featured on Fox News: "Bulls & Bears"; New York Times Best Selling Author: "ChangeWave Investing"

FOR INDIVIDUAL INVESTORS ONLY! Intended for the PRIVATE USE of Individual "Off-The-Floor"Traders & Investors By entering my email address I agree not distribute any of the information from Preston James to any member of the financial press or other media with intent to distribute this information on a mass scale. Traders Edge Network LLC cannot guarantee profits of any kind, nor can we protect you from losses. You assume the entire cost and risk of any trading you choose to undertake. You are completely responsible for making any investment decisions. Traders Edge Network LLC, its members, and representatives are not registered as securities broker-dealers nor investment advisors. NO ADVICE IS GIVEN OR IMPLIED! Use of our Website in no way constitutes a client/advisor relationship, all information we communicate to you (the subscriber) either through our Website, emails, seminars or any other form of communication, is purely for informational purposes only. We recommend seeking individual investment advice before making any investment, for you are assuming sole liability for your investments. Traders Edge Network LLC, its members and representatives will in no way have any discretionary authority over your trading or investment accounts. All information posted is believed to come from reliable sources. Traders Edge Network LLC does not warrant the accuracy, or completeness of information made available and therefore will not be liable for any loss incurred. Due to the electronic nature of the internet, the Website, email, or other communication services could fail at any time. Traders Edge Network LLC will not be responsible for unavailability of use of its Website, nor any other communication lapse. Traders Edge Network LLC, its members and representatives may hold positions in the securities mentioned on this Website at any time. However, in no way is Traders Edge Network LLC, its members or representatives soliciting offers to purchase or sell securities mentioned at this Website. There is no guarantee of performance. Past performance is not a guarantee of future performance. No assurances can be given that the equities and/or equity options mentioned on this Website will be profitable or will not be subject to losses. It is understood securities trading/investing in stocks and/or options involves a high degree of risk. By entering your email addresss above, you agree that you have read the disclaimer and agree to all terms and condition

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Preston James

[GET] stock trading strategy

The ONLY book you will find that teaches you a proven, simple, step-by-step strategy that can help YOU profit in the stock market!

The Solution to a problem: Even if you don’t share a fascination with the markets, no doubt you are one of the many people now who are searching out ways to provide themselves with multiple streams of income as a means of security. Trading offers benefits not found elsewhere, like allowing you to make "real" money with minimal time invested. Allowing you to choose how much and how often you want to work. No employees or bosses to fuss with. Choose to work from the comfort of your home, avoiding commuting expenses too. The opportunity of being able to conduct business from almost anywhere in the world and removing the proverbial "glass ceiling", providing unlimited income potential.


It doesn’t matter whether you are a new or experienced trader, if you are looking for a profitable way to trade, this book is for you. This is not like any other book you have ever read on trading, guaranteed! If you are looking for an encyclopedia on trading, this is not it. If however you need, a simple, precise mechanical approach to trading that is straight forward and easy to understand, then don’t wait another day, order this book today. Never traded before? No problem, I won’t throw you to the sharks! I’ll show you the basics, step-by-step what you need to know to effectively use this amazingly simple strategy. It has been proven that the most successful way to succeed in trading is the Franchise Method.

Are you plagued with anxiety by when to enter a trade? Now you can become more confident and probably sleep better, before and after pulling the trigger. Think about it; do you get anxious when crossing the street? Probably not, because you are confident you have correctly identified that it is a safe time and place to do so. The same is true with trading. Once you have proven to yourself that you know how to identify good entry and exit points, your anxieties will melt away like butter on a hot July day.

End the frustration many feel when they get stopped out, only to watch the price of the very same stock skyrocket the very next day without them by learning a time tested method of placing and moving your stop loss.

No more endless searching trying to guess and test which indicators will reap the most profitable results, or worse yet, needlessly losing money due to the same process. Just like when you are waiting and anticipating a street signal to turn green, you can find yourself at the right place, at the right time, waiting and anticipating the green light of the next powerful swing or trend to profit from. Every powerful trend exhibits a certain behavior before it starts and before it ends, learn to detect this and you can catch the big moves. There is no need to sit in front of your computer all day, this is an End of Day (EOD) trading system. In a matter of minutes every night you can plan your trades for the next day.

You will learn a strategy that shows you how to find profits whether the market is up, or down. You will not however find complicated math formulas, a history of the stock market, theories, or a pitch to buy something else. Everything is covered in the easy to understand step-by-step instructions so all kinds of traders can benefit, even those who have never traded before can easily apply these techniques. Along with this 94 page, information packed manual, you will also receive a whole stack of educational trading bonus materials to help you reach your goals.

This is not a get rich quick scheme. You will not get rich overnight, but with a little work, you can learn to work smarter, not harder. What would you do if you didn’t have to work from 8 to 5 each day? Spend more time with your family? Take better care of your health? Pursue education or hobbies? The point is, the more control you have over your life, the more choices become available to you.

Don’t waste your time in search of the Holy Grail or make the same mistakes most new traders make. The bottom line is; if you are not making consistent profits now, then perhaps a re-examination of you trading method is in order. In the words of Albert Einstein, the definition of insanity is as follows;

The cost; most of you will realize what a bargain this is. For those of you who might be hesitating, consider this; If you are already actively trading, then you are spending money constantly. You are paying for an internet connection, possibly data feeds, commissions, and every losing trade adds to that expense overwhelmingly. So if you are not making consistent profits, then not educating yourself is costing you more than this book ever will.

There is of course a catch. This is a limited time offer. If you don’t act now you are not guaranteed to get this ebook at this special price AND receive all of the bonuses that come with it. Act now and get the…

stock trading strategy

[GET] Iron Condor Course - Learn How to Trade, Manage, and Adjust Iron Condors

A number of years ago I signed up for an online advisory service that showed me how to trade Iron Condors.

See – the advisory service I was with gladly taught me what Iron Condors were and told me when to put them on – but what they didn’t teach me was why we put them on when we did, why we selected the strikes we did, and most importantly – what to do when things went wrong.


I found out too late that to be trading Iron Condors successfully, not only do you need to have a good understanding of this strategy from beginning to end – you also need to have a good understanding of the most important part… .

Take it from me – if you don’t really know what you’re doing when you’re trading Iron Condors – then there’s really no point in even trading them – because eventually you’re going to wind up giving back all the profits you earned – and then some.

To have long term success trading Iron Condors, you need to have a good understanding of the entire A to Z process involved with trading this strategy -

You need to have a good ‘management plan’ in place – know WHEN and WHEN NOT to hedge – and how to ‘correctly’ make .

You need to know the RIGHT TIME to get out of a trade so you can make the most possible from a trade without giving back all of your profits.

And of course there’s more – but the bottom line is this: To make this strategy work you need to have a complete and solid .

Requires MINIMAL Time To Manage – it’s possible to manage these in as little as 15 MINUTES PER WEEK.

Can use the SAME UNDERLYING EVERY MONTH – So You Don’t Have To Waste HOURS and HOURS of Time Researching Stocks Trying To Find The ‘Perfect’ Set Up. Instead, just ‘Rinse and Repeat’.

Has CONCISE and CLEAR CUT Trading Rules – and JUST A FEW OF THEM – Which Can Easily Fit On Just 1 Page.

‘TEST DRIVE’ THIS COURSE FOR FREE! . . Just Enter Your Info Below And We’ll Send You FREE SAMPLES From This Course So You Can See The QUALITY Of This Training Program.

The Original Iron Condor Strategy Guide that teaches our ‘Easy to Trade’, ‘Simple to Follow’ Iron Condor Trading System designed to Generate Consistent Income.

The Simple Step-By-Step Instructions used to Enter, Exit, and Manage an Iron Condor Trade – from Beginning to End.

An Adjustment Technique that can actually help make MORE money then what was planned on making when the trade was first put on. When I use this I almost WANT a trade to go against me!

When and at What Strikes I put the trade on every month for the highest probability of success. Once I learned this I canceled the subscription to my Iron Condor Service and stopped paying them those fees. I didn’t need them anymore!

A Trick I use to Cut My Iron Condor Downside Risk by almost HALF without destroying my Maximum Profit Potential.

Variations of the Iron Condor that you’ve probably never heard of before. There are actually a number of different types of Iron Condors and you will be amazed by what each one can accomplish.

. Along with teaching how to properly…

These are our ‘Secret’ Iron Condor ‘Tricks’ that NO ONE ELSE OUT THERE IS TEACHING – that can be used to significantly improve a trades overall performance.

This ‘Iron Condor Trick’ allows me to bring MORE PREMIUM into my trade – WITHOUT putting my Iron Condor at risk of becoming a LOSING POSITION.

In the risk graph above, note how we’ve ‘boosted’ – or ‘stair-stepped’ more premium into this trade – INCREASING our overall TOTAL PROFIT POTENTIAL.

Meanwhile on the upside we’ve ‘Locked In’ Our Monthly Profit Goal and are now trading WELL ABOVE the ‘Zero’ or ‘Break-Even’ Line.

Most Iron Condor Traders will wait until a position is in trouble before they even start to think about making adjustments – however there are some really Simple & Super Effective ‘Tweaks’ that can be made to an Iron Condor early on in the position.

This module explains these ‘Pre-Tweaks’ and how to apply them – helping to make future potential ‘trade management problems’ much easier to deal with – while at the same time setting a position up for potentially much bigger gains.

This Iron Condor ‘Trick’ is probably my favorite – as it allows a way for me to GRAB ADDITIONAL profits WITHOUT fear of giving up all my gains.

It’s basically a way for me to MAKE MORE MONEY (and sometimes A LOT MORE MONEY) – AFTER I’ve already made and ‘Locked In’ my ‘Profit Target’ for the month.

When I use this Iron Condor ‘Trick’ – the BEST THING that can happen is that I make A LOT MORE PROFIT than I planned to make – and the WORST THING that can happen is that I walk away with a GREAT MONTHLY RETURN.

This Module shows a unique way to trade Iron Condors that can be used to grab SUPER QUICK 1 DAY PROFITS.

A lot of option traders think of Iron Condors as these somewhat slow ‘lumbering’ trades that take a good amount of time to finally ‘give up’ their profits.

It IS possible to make returns of 10% – 20% – even 50% – in EXTREMELY SHORT PERIODS OF TIME – and this module shows how to do it. .

This Module follows an Iron Condor Case Study Trade through the ‘Biggest’ stock market crash/decline we’ve had since the 2008 Financial Meltdown.

HOWEVER – if you apply the ‘right’ Iron Condor Adjustment at the right time – it IS possible to walk away from a move like this with little to NO losses whatsoever.

IN FACT – as this training module shows – when the right adjustment is used, a stock market crash like this CAN wind up producing a HUGE, WINDFALL PROFIT – one that’s BIGGER than any profit you could ever hope to gain in a more ‘normal’ trading environment / month…

Iron Condor Course - Learn How to Trade, Manage, and Adjust Iron Condors