All in One Offer! | Access Unlimited Courses in any category starting at just $29. Offer Ends in:

Browse Library

  • Business Solutions
  • Become an Instructor
  • 0
    Shopping Cart

    Your Cart is empty. Keep shopping to find a course!

    Browse Courses
Get Unlimited Learning Access
$29
4 days left at this price!
30-Day Money-Back Guarantee

This plan includes

  • Instant access to 11,000+ online courses
  • Play & Pause Course Videos
  • HD Video Recorded Lectures
  • Learn on Mobile/PC/Tablet
  • Quizzes and Real Projects
  • Lifetime Course Certificate
  • Instructor Chat Support
  • Cancel Plan Anytime
Subscribe to Learnfly’s top courses
Get this course, plus 11,000+ of our top-rated courses for one year with Go Annually Plan.
$348 $244 a year Save 30%
4 days left at this price!
30-Day Money-Back Guarantee

This plan includes

  • Instant access to 11,000+ online courses
  • Play & Pause Course Videos
  • HD Video Recorded Lectures
  • Learn on Mobile/PC/Tablet
  • Quizzes and Real Projects
  • Lifetime Course Certificate
  • Instructor Chat Support
  • Cancel Plan Anytime
$29
$244
  • Options Students will learn a Process for creating a Winning Trading System that Matches their Comfort Level and Market Availability
  • Learn and Understand How Risk, Reward and Average Wins and Average Losses all play into a Successful Trading System
  • Iron Condor Strategy Basics - Understanding the What, How and Why

 Are you familiar with the Iron condor strategy for trading? How has it or other option trading strategies been working for you so far? If you want to learn the strategy or to improve your results using it, join this course and discover essential tips to proceed in your trading career with more confidence. You have to have an understanding of how risk, reward, average wins and losses play into a successful trading system. This course is about finding ways to create a winning trading system.

Why is it worth learning the Iron condor strategy?

Successful trading mainly depends on experience and practice. And yet without option trading strategies that you can trust, you may quickly lose interest (and money) to keep collecting that experience! Iron condor is a great income-producing strategy, but without a proper introduction to it, most people struggle with Iron condor options, especially those who are new in trading markets. Why? Because they don’t know well what to do if something goes wrong. What they tend to do is following somebody else’s actions hoping for the best. So my mission is to shed some light on the Iron condor strategy.

When used with knowledge and confidence, you will gain an understanding of how average wins and average losses together with win percentage have a determining effect on your bottom line.

What can you expect to learn in this course?

This Iron condor strategy course is divided into two main parts. Part 1 will introduce you to the strategy from the most basic level, and I’ll explain to you about high probability iron condors. You’ll get an easy to follow and understandable presentation about how likely are Iron condors to bring money to your wallet.

In the second part, we’ll start talking about variations of Iron condors and actually build a trade using the Iron condor strategy. I won’t leave you without any reference to what your next steps should be once you finish the course.

When you learn Iron condor strategy, you’ll be able to earn money by time passing by and price staying still. I’ll explain to you how to make the best use of the stocks or indexes that remain within a range and how to make enough money that could offset the risk. These are elementary things you must know when trading Iron condor options.

Learn a valuable strategy and implement it immediately when you trade!

With this course, you’ll be able to build a winning trading system that will match your comfort level and market availability. Go on an expand your array of money-making tools in trading markets, and let me know your success story!

By the way…

Did you know the origin of the name of the strategy that you’re going to learn? The profit/loss graph of the Iron condor trading position resembles a large-bodied bird. The word iron shows that the trading position is formed by employing both calls and puts. That means a bull put spread and a bear call spread work in combination. Thus, Iron condor!

  • Basic Knowledge of Calls, Puts, and Credit Spreads can make it easier to understand this course.
  • A Sim Trading Platform to practice your own trade setups based on the information from this course is Helpful.
  • Struggling Traders looking to Learn How to Create a Money Machine and Develop a Reliable Options Income Strategy
  • Intermediate Traders who want to Understand the Process for achieving consistent, positive results from their Trades
View More...
  • Section 1 : Unpublished Section 10 Lectures 01:03:20

    • Lecture 1 :
    • Selling Iron Condors - Introduction Preview
    • The Iron Condor Strategy is a Great Income Strategy. Why do Traders Struggle with it? Let's find out more.
    • Lecture 2 :
    • High Probability Iron Condors Explained
    • The Wider the Iron Condor, the Higher the Probability. What's the cost of this Higher Probability? This Lesson Discusses the Absolute Risk or the Most You could lose if the trade went against you.
    • Lecture 3 :
    • Can High Probability Iron Condors Make Money?
    • Does the High Probability Iron Condor Work on Auto Pilot and Just Make Money No Matter What? While sometimes it can feel that way, if you fall asleep at the wheel and the market makes a big move, you might give back many successful trades worth of gains.
    • Lecture 4 :
    • How Do I Get Good at This?
    • This Lesson discusses the steps to success that Traders must take to Master any Strategy. Many Traders Blow out their Accounts Looking for the Holy Grail Strategy, only to find out that there is None. What ever Strategy You Chose, their is a Learning Curve. A Series of Trades is necessary, following a simple set of rules, and then evaluating your results and making adjustments to the plan.
    • Lecture 5 :
    • Iron Condor Variations
    • There are many variations of the Iron Condor. Strike width between Long and Short options, Distance Between the Short Strikes, and Days to Expiration when Trade is Put on to name a few. Let's take a look....
    • Lecture 6 :
    • Building an Iron Condor Trade
    • This Lesson walks you through how to construct the Iron Condor Trade using the Thinkorswim platform.
    • Lecture 7 :
    • Comparing Iron Condors with Different Expirations
    • You must be Good at Your Craft to take on the Shorter Duration or Weekly Iron Condors. Let compare a Short Duration and a Longer Duration Trade and see Why?
    • Lecture 8 :
    • Sample Iron Condor Trade
    • Let's look at a Sample trade put on in less than ideal conditions and see how we might manage it.
    • Lecture 9 :
    • Sample Iron Condor Trade - Results
    • This Trade was put on in Less than Ideal Conditions and was still able to make a profit. To Be Successful, Lines in the Sand must be Drawn and then Respected and not second-guessed. Trade Management is Implemented to Manage the Risk. We never truly know which way the Market is Going. We Manage to Protect ourselves from the possible outcomes!
    • Lecture 10 :
    • Summary and Next Steps
    • Comfort and Proficiency are the Result of Practice and Proper Guidance. Where can You Learn More?
  • How do i access the course after purchase?

    It's simple. When you sign up, you'll immediately have unlimited viewing of thousands of expert courses, paths to guide your learning, tools to measure your skills and hands-on resources like exercise files. There’s no limit on what you can learn and you can cancel at any time.
  • Are these video based online self-learning courses?

    Yes. All of the courses comes with online video based lectures created by certified instructors. Instructors have crafted these courses with a blend of high quality interactive videos, lectures, quizzes & real world projects to give you an indepth knowledge about the topic.
  • Can i play & pause the course as per my convenience?

    Yes absolutely & thats one of the advantage of self-paced courses. You can anytime pause or resume the course & come back & forth from one lecture to another lecture, play the videos mulitple times & so on.
  • How do i contact the instructor for any doubts or questions?

    Most of these courses have general questions & answers already covered within the course lectures. However, if you need any further help from the instructor, you can use the inbuilt Chat with Instructor option to send a message to an instructor & they will reply you within 24 hours. You can ask as many questions as you want.
  • Do i need a pc to access the course or can i do it on mobile & tablet as well?

    Brilliant question? Isn't it? You can access the courses on any device like PC, Mobile, Tablet & even on a smart tv. For mobile & a tablet you can download the Learnfly android or an iOS app. If mobile app is not available in your country, you can access the course directly by visting our website, its fully mobile friendly.
  • Do i get any certificate for the courses?

    Yes. Once you complete any course on our platform along with provided assessments by the instructor, you will be eligble to get certificate of course completion.
  • For how long can i access my course on the platform?

    You require an active subscription to access courses on our platform. If your subscription is active, you can access any course on our platform with no restrictions.
  • Is there any free trial?

    Currently, we do not offer any free trial.
  • Can i cancel anytime?

    Yes, you can cancel your subscription at any time. Your subscription will auto-renew until you cancel, but why would you want to?

343514 Course Views

7 Courses

A Tale of Two Careers…. Prior to becoming a Trader and Instructor, Steve was and still is an ASE Certified Master Automotive Technician. He was the “go to” guy for vehicles with problems that no one else could fix, as well as a Shop Foreman and Instructor of fellow technicians. After 26 years as a Top Technician specializing in Diagnosing Electrical and Electronics Systems, Steve made the move to Automotive Instructor and spent the next 10 years at a Technical School in NY. There he received a Recognition Award as Top Instructor for being able to get through to students that others thought could not succeed. Steve feels teaching is about getting the students involved in the learning experience, teaching in a way that lets the students realize “they can do this”, not how hard it is. He is passionate about what he does and takes great pride in every light bulb he can turn on. Steve has been trading Stocks and Options since 1999. With his passion for teaching, he has been a perfect fit as an Options Coach/Mentor for three Online Trading Education Companies. The Founder and Options Coach at BlueChipTraderDevelopment.com, Steve is available to answer your questions as well as provide One-on-One Online Personal Coaching Sessions. Years of Coaching new and experienced Traders has given Steve the understanding of what struggling traders need most, clear explanations of the Processes that will lead them to the Success they are looking for in their Trading.
View More...
  • Unmatched Variety and Value!
    Learnfly's monthly subscription offers unlimited access to a vast range of courses. Affordable pricing, compared to competitors, makes it the ultimate choice for continuous learning.
    Jessica M.

    4.7

    JM
  • Top-Notch Quality, Affordable Rates!
    High-quality courses with certified instructors make Learnfly stand out. The affordable pricing is a game-changer for those seeking premium education.
    Alex P.

    4.5

    AP
  • Certified Excellence Every Time!
    Learnfly's courses, taught by certified instructors, ensure top-notch learning experiences. The course completion certificates add significant value to one's skill set.
    Sarah R.

    4.3

    SR
  • Round-the-Clock Support!
    Learnfly goes the extra mile with 24/7 course support. Their dedication to helping students succeed is commendable.
    Ryan K.

    4.1

    RK
  • Learn Anywhere, Anytime!
    Whether on mobile, PC, or tablet, Learnfly's platform offers flexibility. Learning on the go has never been easier.
    Emily S.

    4.7

    ES
  • Job-Ready Skills!
    Learnfly's job-oriented courses equip learners with practical skills for the workplace. An investment in career growth!
    Jake M.

    4.2

    JM
  • Budget-Friendly Brilliance!
    Learnfly's pricing is a steal for the quality and variety of courses offered. Quality education without breaking the bank.
    Olivia T.

    4.5

    OT
  • Instructor Excellence Unleashed!
    Learn from the best with Learnfly's certified instructors. The platform ensures that knowledge is imparted by industry experts.
    Daniel L.

    4.0

    DL
  • Achievement Unlocked!
    Learnfly not only offers courses but also recognizes your efforts with course completion certificates. A sense of accomplishment with every course finished.
    Maya H.

    4.6

    MH
  • Learning Revolution!
    Learnfly's platform is a revolution in education. Access to unlimited courses at affordable rates is a game-changer.
    Ethan W.

    4.7

    EW
  • learn-ms-excel-from-basic-to-advance

    Learn MS Excel From Basic to Advanc...

    By : Ashwini Bissa

    Lectures 14 Beginner 0:24:50
  • odoo-purchases-sales-inventory-with-accounting-modules

    Odoo: Purchases, Sales, Inventory w...

    By : Quantic Statistics R spatial analysis

    Lectures 13 Beginner 3:20:52
  • hotel-management-course-analyse-financial-statements-and-performance

    Hotel Management Course - Analyse f...

    By : Manish Gupta

    Lectures 34 Intermedite 2:58:18
  • how-to-carry-out-financial-analysis-as-a-banker

    How to carry out Financial Analysis...

    By : CA N Raja Natarajan

    Lectures 25 Intermedite 2:57:27
  • advanced-capital-budgeting-improve-long-term-roi

    Advanced Capital Budgeting: Improve...

    By : Blair Cook

    Lectures 7 Intermedite 0:54:52
  • envision-the-future-financial-modeling-using-excel

    Envision the Future: Financial Mode...

    By : Blair Cook

    Lectures 8 Intermedite 1:32:15

Students learning on Learnfly works with Fortune 500 companies around the globe.

Sign Up & Start Learning
By signing up, you agree to our Terms of Use and Privacy Policy
Reset Password
Enter your email address and we'll send you a link to reset your password.