Buckle Up Buttercup | Part 3 | More Adjusting
Video description: NOTE: This trade has been a bit crazy - so please don't worry if you are newer and this is currently "above your pay grade" as doing adjustments like this has taken me years of studying and testing to get to. As I explain, most of the butterflies I trade have 0-3 adjustments to them and they are pretty tame and high percent of them come off with decent profits, given the big market moves since this trade was started, it ran into pretty much the WORST conditions for a butterfly trade, quickly dropping market and large increase in volatility. So while this is quite BAD for this specific trade - it does provide some GREAT teaching moments. So while I am personally battling this trade LIVE in my account, PLEASE take advantage of my monetary losses in this trade and LEARN from it. I do hope to work this trade to a small profit still, or at least greatly reduce the loss in it and I am sharing that process here. #steveganz #SJGtrades #options #SPX #incometrading #RUT #butterflytrade #butterfly #ironcondor #condor #trading #optionstrading #stockoptions #indexoptions #SPXoptions #tradingstrategy #optionseducation #technicalanalysis #marketanalysis #riskmanagement #tradingpsychology #volatilitytrading #ironcondor #butterflyspread #calendarspread #creditspread #debitspread #optionsexpiration #optiongreeks #optionsincome #Johnlocke #dansheridan #Sheridanmentoring #optionstrat