Courses Infomation
Simplertrading – Trading Iron Condors for Income on Stocks: Learn how to use the strategy that provides an edge by being neutral
Simplertrading – Trading Iron Condors for Income on Stocks: Learn how to use the strategy that provides an edge by being neutral
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Description
- This product will available in 2-3 weeks later after you pay.What will you learn?
- What stocks work best for MONTHLY income using iron condors, and how to find the good stocks and avoid the bad stocks.
- When to put on the trade, and when to take off the trade for maximum profit while limiting your risk.
- When to adjust the trade, and how to adjust using Bruce’s adjustment techniques.
- How to avoid the most common mistakes people make when trading iron condors.
- How to master the trade set-up, and managing the life cycle of the trade.
Course Breakdown
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- Strategy Session: 2 hours and 7 minutes
About the Content Providers:
- About Bruce: Bruce is our Income Trading Specialist and devoted mentor. After spending many years on Wall Street managing institutional and retail accounts, we are lucky to have him trading in our Gold room most days. Bruce’s style is very versatile. Great for beginners, because he makes sure to give detailed explanations and also for experienced traders who are looking for new ideas. If you have a full-time job and can’t sit in front of the computer and watch markets all day, this is a great trading style for you.
- Forex Trading – Foreign Exchange CourseWant to learn about Forex?
Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.
What is forex?Quite simply, it’s the global market that allows one to trade two currencies against each other.
If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.
If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.
Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.
An exchange rate is the relative price of two currencies from two different countries.
You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!
You’ve exchanged one currency for another.
Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.
Currency Exchange
Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.
It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.
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