I can’t believe it took me 12 years to figure out my iron condor problem

All the defending and rolling couldn't solve my iron condor issue – one big loser wiping out all the small winners.

Even though Tastytrade taught me so much, they also led me down a path I couldn't make work. Chasing those high win rates.

Well, what finally worked for me was to make a rule where I just take the iron condor off if one of the short options hits .50 delta or higher. Simple. 50% max profit or .50 delta, gone. I don't get knocked out of the trade just because of a vol spike – and I don't wait until it's so breached that I don't have time to stop the loss from growing.

This created a much smoother equity curve I could scale, even though the win rate is around 60%. It's like gardening and pulling the weeds before they get too big.

Anyhow, I'm not saying that is the way everyone should do it. I'm just amazed at how such a simple solution has been staring me in the face all this time.