Learn the Nested Iron Condor Strategy
with Amy Meissner
The Nested Iron Condor is...
- An improvement on the classic iron condor. The Nested Iron Condor gives you a trade that is less sensitive to spikes in implied volatility and sets you up with a more strategic risk control plan than classic high probability trades. Enjoy the many benefits of iron condor trading that are enhanced by this sophisticated strategy.
- Systematic. This objective rules-based strategy helps traders confidently execute their market neutral trade plans and spend less time comparing possible discretionary trades. This helps part-time traders that have other things to focus on as well as full-time traders that are focused on other types of trades.
- Efficient. Amy has designed the NIC to be capital and commission efficient to help you achieve the highest potential return that the edge in this setup can provide.
- Proactively Managed. The NIC includes a proactive and incremental trade management plan that helps you adapt to changing market conditions and avoid over-adjusting during choppy markets. This helps traders avoid complacency following the regular action steps as prescribed.
Questions and Answers About the Nested Iron Condor
Q: What is the difference between the Asymmetrical Iron Condor and the Nested Iron Condor?
A: The Nested Iron Condor is much more objective and systematic than the AIC.
Q: What is the difference between the Nested Iron Condor and a traditional high probability iron condor?
A: Traditional iron condors are only a starting point. While it is true that most will expire worthless, an unmanaged trade can experience very large losses. If market conditions cause two or three of these large losses within a short period of time, your trading account may be wiped out and your trading career short lived. The Nested Iron Condor gives you a full plan for entering, managing, and exiting your trade -- during choppy, bullish, and bearish markets. It's not enough to have high probability on your side... you need a good risk management plan. That is what the NIC provides.
What Others are Saying About Amy
Hi, Amy:
Just a brief note to thank you far all you did to teach me how to trade your [strategy]. While I have made a couple of little tweaks to suit my trading personality, my plan is essentially your plan.
So far this year, I have not had a losing trade. I am still in JULY, but have half of the Call side off and am up about 5% on max margin. In the (now) seven months of this year, I have only had to make five total adjustments. All my trades have been closed with contingent orders.
[... ]this strategy requires minimal time in front of a computer, at least until a time when we face a faster moving market.
Trading your strategy has allowed us to generate enough monthly income to pay for our multi-month trips to Europe and the Caribbean and to donate to our favorite charities, as well.
Again, thank you VERY MUCH and ALL THE BEST!
Bob H
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Hi, Amy.
Meant to reach out to you earlier. Just wanted to let you know you are doing a great job with the service.
I like that you always give us a heads up when you are thinking of entering/ exiting, adjusting etc. you update your page with graphs regularly. That is all so helpful.
So far I can see why you like this strategy so much. I know we haven't been tested too much other than the one trade we had to add an additional debit spread, this trade seems to absorb market movement much better than other income trades.
Have a good weekend.
Misty K
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Excellent!!!
I think you are doing a great job and the service is a superb value.
You are doing a great job with the service. It is a great value to me. I appreciate your attention to detail.
Bill B
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This is an income strategy which is known to be very resilient and does not have large draw downs if managed properly. You have been very responsive of the questions and comments. It is an excellent way to earn while learning because you provide the detailed trade plan in advance and also provide the weekly updates explaining the reasoning behind each trade and adjustments.
- Vijay P
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A very good platform you have here for communicating trade set-up and trade management. Well done!
- Keith W
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Thanks Amy! I am a believer in your strategy. I went back to 10/10/2008 and using your criteria (my test of all stratiegies!) and it actually made money! It is backtested on OptionNet Explorer. Only one I ever backtested that came out profitable. And was a low maintenance trade! - Rick V
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Congratulations!
I admire how you created a strategy, honed it and executed it with much confidence and discipline. The nested condors are clever.
You also communicate very clearly and are humble about your accomplishments.
- Brooks R
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The overall service is fantastic. I got the messages and e-mails in time and the information was clear and sufficient. Jorge G **
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The subscription was good and I would recommend it. Amy was good. Excellent communication. Really good poise in managing the trade during some pretty hefty moves in the RUT. - David B
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Hi Amy! I love you and your nested condor and the way you trade it…You have inspired me throughout the YEARS, as I have followed you for some time as a fellow [student] from years past. Your calm demeanor and confidence in what you do is very reassuring. You are a rock star and I really believe that.
The simple trade method and clarity Amy shares. The way she communicates her trades and adjustments are very logical. She trades it and adjusts it just as she says she does. Plain English. Low stress trade. - Jon R
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No question whatsoever that the real-life trade experience offered by [Amy] is a superb way to get in the groove with a [strategy]... Amy's Rules are clearly delineated and followed in the course - no wishy-washy decisions - and this also helps instill discipline in the students. -Walter S
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I love that Amy is showing that a "condor trade for wimps" actually works - her adjustment points are so close and the deltas she's carrying are so small, my first reaction to a system like this would be that it couldn't be consistently profitable at a level that would impress anyone ... but I believe she has shown it can be done - Steve S
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Well presented. -Barry F
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I learned a good deal... - Elli F
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Liked that the trade's did not overlap which results in less required capital. -Larry W
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Testimonials are not compensated