Lessons Learned from a Poorly Managed Iron Condor Trade
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Lessons Learned from a Poorly Managed Iron Condor Trade
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Most people don't share their losing trades. In this video, I talk about a trade that I badly mismanaged. I have metrics that I use to adjust trades when the market moves against us. In this trade, I tried to roll a call credit spread up and out, but I wasn't aggressive enough in rolling it, so I ended up having to take a pretty significant loss. I point out several things to do differently in the future to stay out of this type of situation.
Check out my website at https://commonmanhedgefund.com
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