Added: Nov 22, 2008
From: jgn2112
Duration: 9:0
TO MAKE THIS VIDEO MUCH CLEARER AND EASIER TO SEE, TYPE "&fmt=18" (without the quotes and in lower case) AT THE END OF THE URL IN THE ADDRESS BAR.**THIS PRODUCT IS NOT A GUARANTEE OF PERFORMANCE AND ALL TRADES MENTIONED ARE FOR EDUCATION PURPOSES ONLY** This is a spreadsheet I created to track vertical credit spreads (e.g. short put spread, short call spread, iron condor) but will also track long puts and calls. Various kinds of butterflies could also probably be tracked with a little bit of excel know-how on this spreadsheet. I developed it because I did not like the way Think or Swim tracks a trade that evolves over time like iron condors do. The analyze tab only shows your risk/reward for your position as it currently stands (in addition to any simulated trades you might have entered). The only way to get a good visual depiction of your entire trade is to input every trade you've made as part of the spread trade in question as a simulation. And even then it doesn't account for commissions. It's just a hassle, so I developed this and I find it quite useful since it tracks the "no kidding" bottom line. Any questions, just email me at my yahoo address: headbanger51. Enjoy!SORRY THAT THE VIDEO IS SMALL AND BLURRY AND HARD TO READ...I'M NOT DOING THE VIDEO OVER AGAIN :) -- HOPEFULLY YOU'LL GET THE IDEA.
Channel: Howto
Tags: condor finance iron market options or spreads stock stocks swim think thinkorswim tos trade trading
Rating: ( ratings) Views: 321' favoriteCount='1 Comments: 0
