What i understood is @TradeB2B does an iron condor on stock options which has monthly expiry. If the price is above the upper threshold he sells puts, if its lesser than the lower threshold he sells calls.
The IC is a monthly position that is constant. The firefighting is done on an intra day basis only if there is an MTM loss or quick surge/fall in prices.
Is my reading correct?
yes thats correct , most people cannot understand , somebody asking inside the question , adjustment is also a profitbooking or loss adjustment - i really tired to answer
This is interesting indeed. Iron condor adjustments is what they say.
So deploy iron corridor on a monthly option. If price is out of corridor sell an option. Makes a lot of sense. Now I understand why he says it’s not meant for jobber.
Do not take a trade blindly, i was not recommending. I just spoke out loud what i thought.
There are few factors why this trade wont work out in favour
If you are at the bottom BEP of the IC, all the CALLS above the top BEP would have already lost premium
If the stock rallies the CEs will gain premium based on delta and soon the loss may be higher than your IC max risk
If theta is on your side, it will help. But for that you need to carry short position overnight. Again risky.
If the stock is trending, this strategy will work. But buying a PE is far better than selling a CE
Thoughts welcome 
Na, it’s just while forward testing I never thought of this system but sounds interesting.
From what I can understand this guy has been trading on option price while keeping monthly IC. I don’t think he takes over night positions though. His dashboard itself says 0.98% risk.
Essentially it’s like shorting an option price intra day while keeping IC as it is.
This means the other way around going long on a option price. In intra day both should be same. It might be lot easier to understand overlapping graph of iron candor over selling a naked Option or buying a option
Yes. Thats what I am doing these days. Set the boundary with shorts for next week and then go long in between as per systematic strategy. But I carry - intraday to 2 days sometimes.
Your simplistic approch is making people hard to believe!
but I loved it
But I a question :-
What if price moves back into iron corridor? Do you make a loss intra day ?
What if price remain out side iron corridor ? How does p & l work here ?
What kind of love?
You understood kind of love
Or too simple to understand,so failed to understand kind of love.
No. I dont do iron condors like him I do far otm weekly(next week with 6-8 days to expiry) naked shorts with around half the total margin, allowing one x2 roll. I then expect the long options I do to make extra money and also get me out of trouble, Long options are traded as per a systematic strategy.; I get around 150+ such alerts a year, 75% of them for Long calls and 25% for long puts.
Beacuse complexity sells!
if you still didn’t understand, then I’m mistaken 
Give some examples where complexity sells.
People tend to give up on products or ideas which are too complex.
Saying so, let’s pretend i believe you for 5 minutes. Now, give me 5 examples where complexity sells.
Even a person too complex is never taken.
example of complexity sells!
Do this programme only for the purpose of credential on resume, otherwise T.A can be learned from book without paying such hefty fee.
Never heard about it. So, must be enjoying a small niche of people.
But doesn’t prove anything complexity sells.
Anyway, this seems to be opening a canned of arguments. And I ld not make you argue with a lady. I ll reserve your right to be a man of culture.
The guy is complex enough if you observe. He is digging all over, at the same time contradicting all the things he said. At one point, he says he don’t understand any technical analysis, or do any complex stuff. And one hand he says he runs his own python algorithm, and he keeps a alarm to trade overseas market. The list goes on, but we are not here to keep a tab on him. Maybe he get kicks from here.
Then normally we have a cult following him. But no one has a single clue.
If you ask, he ll say, it’s so simple.
If something is complex then you can make lot of content around it. Create courses that sell. For e.g adjustments in some sell strategies are complex. You can see some people running courses for this at over Rs.50000 on how to do this.
Yes and many students try it and dump it afterwards when they realise it is complex. If something is super simple people have hard time believing it. One of the common question I get from my fellow traders using my system is “Is it so easy to make money from the market ?”
This is true not just for trading but other sectors of life. Apple fell down. We can take it and eat it. But we can also discuss about how gravity is in play or create question about laws of motion and then attract students and make money.
I too had difficult to admit, because of his broken english but that’d be mean to assume beforehand,
as his mother language could be hindi or whatever
beacuse I’ve seen my relative itelf who have no idea macros are still they’re doing fairly well, therefore I can’t just falsify him
for reference people like Vijay Kedia.
people like TradeB2B sure seem all talks but they also make people aware that simple things can work.
I believe 50-50
related to anime? or general
see b/w lines
does that mean peofessional are devising complex approach just to loose money slowly?
there exist different kind of complexity!
one that has no value & another which has value but hard to get through
professional follow the latter
Simple things do work. Very simple things. But out of many many more things, we have a small subset of things that actually work. And they may stop working one day !
Also, there is another problem that what is simple and obvious to someone with some experience may not be simple and obvious for a newbie. You need some knowledge and skill too, to find something simple that works.
Most people are not really willing to do the work and go through the failures and persist. Another problem is that you can keep persisting, but if source of your knowledge is bogus then it wont help. So while we need to have patience and persist, must also be willing to discard and move to some other source at some point. I have wasted few years in this. Finally got lucky, but still needed to work through it.
Most people who do persist give up while in this loop of finding something that works. And something might work for someone and not for someone else ! NiftyNirvana / ytc / Demand Supply / Al brooks ( Never read but apparently very hard to read, a friend got stuck there) etc etc
So eventually you have to find something + have perfect execution + lot of patience and risk management + probably need to finetune into something better if you can + learn to live with uncertainty. That’s how it has worked for me.
its not mandatory to know about me , i am not a person like that
profitable people will not sell course or anything for money
why for python coding i want to for college to read python language for 5+ years , today networld we can learn anything in uacademy
5 years back i gave my idea to my brother - he is a software engineer - he written the python coding , still now i am using - it is not mandatory to know everything to be an success in business - now a days we can hire a people , or readymade algo website or available
yes i am trading in 3 countries - my strategy is same for all over the world market - just different is the currency - i will get some other benefit also trading in overseas market - one is margin related - another one is rupee depreciation benefit
i never tell to tag on me - just like you i am reading the post - if needed i will reply thats all
again its simple for me others i dont know -
for example - if you take a piece of stone and bring closer to your eyes its will hide your visibility fully , the eyes will feel the stone is very big
the same piece of stone take out of your eyes and keep little bit longer , the eyes will feel its just a piece of stone
the same in business and life also - how you are taking the piece of stone to near or longer
this thread is belongs to option strategy are failed - i against them - so i prove with screen shot every body is not failed somebody in good profit also
i never told to believe me , you misunderstood i think , i encourage other to be in profit in future