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Showing results for tags 'iron condors'.
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It's official now: Steady Condors has completely erased last year's losses and drawdown. Steady Condors has just finished another profitable month of trading with gains of 7.7% on margin, and 6.2% per unit for April expiration. This makes the year to date return 17% on a whole account. Of particular importance is that this month’s gains bring Steady Condors back to new equity highs after a somewhat lengthy (yet statistically expected) drawdown over the last year. Those who had the discipline and patience to stay the course have been rewarded. Risk management, as always, is what made the difference. Click here to view the article
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We closed today our Steady Condors March trades for an average gain of 7.5% before commissions, which translates to 5.8% return on the whole account after commissions. Steady Condors first goal is to manage risk and to prevent big losses. We don't promise you some absurd numbers like 10%/month or 5%/week, but we are proud to report performance in the most honest and transparent way possible. I will explain later how our performance reporting is different from other newsletters, but let me start by quoting Jesse Blom's post on the forum. Click here to view the article
