Trying an Iron Condor, reluctantly, with a max risk of $76 with an upside of $224. The market is on the edge to start this week, it could go either way for whatever reason. As Mark Douglas has taught, anything can happen.  2020 has been a good start, I am no hurry to give back my wins to the market. In the past three days, I am doing a lot more discretionary trading which I need to guard against... "Over-trading".


  1. I closed this position out within two days, took a small loss, position quickly went against me, rather hold on to it, I closed it out and moved on.


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Active Portfolio Management

Evaluating Investment Performance

To assess how well your investments are doing, you'll need to consider several different ways of measuring performance. The measures you choose will depend on the information you're looking for and the types of investments you own. Learn more.

Asset Allocation

Asset allocation is a useful tool to manage systematic risk because different categories of investments respond to changing economic and political conditions in different ways. Learn more.

Diversifying Your Portfolio

When you diversify, you aim to manage your risk by spreading out your investments. You can diversify both within and among different asset classes. Learn more.

Rebalancing Your Portfolio

As market performance alters the values of your asset classes, you may find that your asset allocation no longer provides the balance of growth and return that you want. In that case, you may want to consider rebalancing your portfolio. Learn more.

Source: FINRA.org