Hi all,
I have newly started to trade option and grown quite fond of iron condors and iron butterflies. I will start of with a small account with max. 5K to begin with, since that's most I can afford at this stage. I would like to know from more experienced option traders how much you can expect to make trading defined risk strategies and also your experience trading them.
Could I expect to make at least 60% / year allocating 50% to option and the rest for adjustments or am I way over my head thinking 60% / year is a realistic return giving the fact that I will start with a small account, trade with 50%, try to achieve a delta of 0.2, and holding the trade for at least 20- 40 days?
Let me know what you think
I have newly started to trade option and grown quite fond of iron condors and iron butterflies. I will start of with a small account with max. 5K to begin with, since that's most I can afford at this stage. I would like to know from more experienced option traders how much you can expect to make trading defined risk strategies and also your experience trading them.
Could I expect to make at least 60% / year allocating 50% to option and the rest for adjustments or am I way over my head thinking 60% / year is a realistic return giving the fact that I will start with a small account, trade with 50%, try to achieve a delta of 0.2, and holding the trade for at least 20- 40 days?
Let me know what you think
