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vi<br />
Profiting with Iron Condor Options<br />
Chapter 2: Placing a Trade ......................................................59<br />
Two Out of Three ....................................................................60<br />
Time ..........................................................................................63<br />
Position ....................................................................................68<br />
Fundamentals ..................................................................69<br />
Charts..................................................................................71<br />
Delta ....................................................................................75<br />
Price ..........................................................................................80<br />
Putting It Together....................................................................83<br />
Why Enter a Trade? ..........................................................85<br />
Rules for Putting on a Trade ..............................................89<br />
Sideways Market ................................................................91<br />
Uptrending Market............................................................92<br />
Downtrending Market ....................................................98<br />
Shape of the Curve ............................................................98<br />
Chapter 3: Trading Journal ..................................................105<br />
Staying Through Expiration ............................................106<br />
Expiration Friday ..................................................................108<br />
Parameters for Exiting a Trade ......................................109<br />
Adjustments ..............................................................................111<br />
Journal of Actual Trades..............................................111<br />
The Perfect Trade ............................................................112<br />
Sideways Market..............................................................112<br />
Great Trade in a Down Market......................................118<br />
Not-So-Pretty Trade ..............................................................121<br />
Everything Goes Wrong ......................................................124