Every so often I think that I mgiht get back into trading options. my first options foray was a complete disaster as I continued to lose dollar after dollar. It was certainly a scary time as I felt like I was pitting my wits against the stock exchange.
Well I learned my lesson and I’ve been very wary ofstockoptions ever since. The theory all looked good but in practice I really couldn’t get it to work. I can see that there is definitely money to make but I really can’t see how I’m going to do it. Let’s face it.. I need some expert help.
Condor Options call their strategy the iron condor, (which is something I haven’t heard of before, although I probably should have given my previous trading experience!) Iron condors will allow you to make 120% return paon your investment! This is an outstanding return, and it’s the aim of the options trading strategy employed by Condor Options.
At present, there is a waiting list to take part in their services. I’ve signed up and I hope I get a spot soon. They have an auto-trade facility, which means that they trade their strategy for you through your account. There are 2 different companies they work with on the auto trading (although their system promises that you only need to spend 10 minutes a week, and if this is so, it might be OK to give the auto-trading a miss.. although personally I’ve scared myself so badly with options previously that the auto-trading is really appealing to me.) “think or swim” allow accounts by non-resident aliens (which would be me!) so I have opened an account with them in preparation for my Condor Options account coming through.
Condor Options have a free newsletter (which is really worth signing up for) and of course their monthly subscription service, which, for an anticipated return of 10% a month, is really quite affordable at $139 a month (cheaper for three and six month subscriptions).
All in all, the website is really easy to navigate, the sign up process has been really easy so far, and the newsletter and blogs keep their information up to date and interesting.
If you are an options chicken like me, don’t be.. become a condor instead!!
