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So I’m paper trading, so right off the bat that might explain it. But I was playing around with iron condors on MU, and I found a trade that had no loss potential as stated by the app. I purchased a large amount, thinking that it wouldn’t let me as I didn’t have enough money. It went through today and once I checked, I’m up 40grand (50 now about 10 minutes later, which was about it’s max profit). Can somebody explain this to me, is it a legitimate strategy?

https://imgur.com/a/fK82Xvl/

Edit: no loss potential might not have been the right word but close



Submitted June 11, 2018 at 04:22PM by RWDMARS https://ift.tt/2HHm0JN

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