Iron Condors can be profitable but require careful risk management, especially during volatile periods. Start by analyzing key levels using models like Menthor Q to identify potential support and resistance.
During market open, manage positions by setting clear exit points, especially around economic data releases that can spike volatility. Adjust trades based on intraday volume and price action. Always prioritize flexibility—if market conditions shift, don’t hesitate to close positions to protect gains or minimize losses.
