Iron Condor
Iron Condor • Jan 1, 2024 - May 10, 2026
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Iron Condor strategy on QQQ from Jan 1, 2024 - May 10, 2026, placing 435 trades that stayed open for an average of 1 days. The results were impressive - winning 73.56% of the time (320 wins vs 115 losses), which shows remarkable consistency. This translated to $258,383.47 in total profits. On average, each position made $593.98. When annualized, that's a 304.4% return (CAGR), which suggests strong growth potential if maintained over time. The journey was quite volatile though - at its worst, the account was down 28.2%, which would require strong conviction to ride out. Overall, this is a viable strategy that could be improved with some fine-tuning.
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Trade Log
| Date | Entry | Exit | Exit Reason | P&L | Return | Action |
|---|---|---|---|---|---|---|
| 2024-01-02 | $0.33 | $0.68 | Early Exit | $-349.00 | -106.35% | |
| 2024-01-03 | $1.81 | $0.01 | Early Exit | $1,800.70 | 99.45% | |
| 2024-01-04 | $1.73 | $1.30 | Take Profit | $420.65 | 24.42% | |
| 2024-01-05 | $2.80 | $0.01 | Early Exit | $2,227.92 | 99.64% | |
| 2024-01-08 | $0.74 | $0.64 | Early Exit | $99.30 | 13.49% | |
| 2024-01-09 | $0.78 | $0.77 | Early Exit | $12.40 | 1.70% | |
| 2024-01-11 | $0.51 | $0.45 | Early Exit | $65.80 | 12.97% | |
| 2024-01-16 | $0.33 | $0.26 | Early Exit | $71.20 | 21.67% | |
| 2024-01-17 | $0.15 | $1.12 | Early Exit | $-966.70 | -631.72% | |
| 2024-01-18 | $0.63 | $0.01 | Early Exit | $623.10 | 98.42% | |
| 2024-01-19 | $0.16 | $0.05 | Early Exit | $-103.60 | -65.90% | |
| 2024-01-22 | $1.13 | $0.99 | Early Exit | $139.00 | 12.42% | |
| 2024-01-25 | $0.97 | $0.54 | Early Exit | $-429.70 | -44.45% | |
| 2024-01-26 | $0.15 | $0.23 | Early Exit | $-79.10 | -51.04% | |
| 2024-01-29 | $1.34 | $1.64 | Early Exit | $-305.60 | -22.81% | |
| 2024-01-30 | $1.65 | $0.01 | Early Exit | $-1,645.70 | -99.40% | |
| 2024-01-31 | $2.06 | $1.56 | Take Profit | $505.30 | 24.52% | |
| 2024-02-01 | $1.30 | $0.01 | Early Exit | $1,291.20 | 99.23% | |
| 2024-02-02 | $0.29 | $0.28 | Early Exit | $6.40 | 2.52% | |
| 2024-02-05 | $1.73 | $2.03 | Early Exit | $-302.10 | -17.44% | |
| 2024-02-07 | $0.19 | $0.22 | Early Exit | $-33.90 | -17.28% | |
| 2024-02-08 | $0.44 | $0.01 | Early Exit | $432.90 | 97.75% | |
| 2024-02-09 | $1.22 | $1.29 | Early Exit | $-68.70 | -5.57% | |
| 2024-02-12 | $0.55 | $2.64 | Early Exit | $-2,085.20 | -378.09% | |
| 2024-02-13 | $0.85 | $1.22 | Early Exit | $-370.70 | -43.45% | |
| 2024-02-14 | $0.46 | $0.41 | Early Exit | $52.40 | 11.46% | |
| 2024-02-15 | $0.88 | $1.58 | Early Exit | $-708.70 | -80.88% | |
| 2024-02-16 | $2.85 | $0.01 | Early Exit | $1,986.25 | 99.65% | |
| 2024-02-20 | $1.90 | $2.11 | Early Exit | $-204.40 | -10.69% | |
| 2024-02-21 | $0.44 | $0.01 | Early Exit | $432.80 | 97.75% | |
| 2024-02-22 | $1.15 | $0.01 | Early Exit | $1,136.30 | 99.13% | |
| 2024-02-23 | $0.78 | $0.01 | Early Exit | $769.20 | 98.72% | |
| 2024-02-26 | $2.11 | $1.96 | Early Exit | $144.80 | 6.90% | |
| 2024-02-27 | $0.84 | $0.01 | Early Exit | $833.30 | 98.82% | |
| 2024-02-28 | $0.48 | $0.01 | Early Exit | $466.00 | 97.90% | |
| 2024-02-29 | $0.65 | $0.01 | Early Exit | $639.20 | 98.46% | |
| 2024-03-04 | $1.90 | $0.01 | Early Exit | $1,891.70 | 99.47% | |
| 2024-03-05 | $1.48 | $0.01 | Early Exit | $1,471.90 | 99.33% | |
| 2024-03-07 | $0.84 | $0.01 | Early Exit | $831.10 | 98.81% | |
| 2024-03-08 | $1.39 | $0.01 | Early Exit | $1,379.30 | 99.28% | |
| 2024-03-11 | $1.80 | $0.01 | Early Exit | $1,791.10 | 99.45% | |
| 2024-03-12 | $0.01 | $0.77 | Early Exit | $-763.10 | -8,376.92% | |
| 2024-03-13 | $0.69 | $0.52 | Take Profit | $160.45 | 23.54% | |
| 2024-03-14 | $2.58 | $2.26 | Early Exit | $317.30 | 12.32% | |
| 2024-03-15 | $1.23 | $0.01 | Early Exit | $1,218.50 | 99.19% | |
| 2024-03-18 | $2.10 | $1.59 | Take Profit | $515.08 | 24.52% | |
| 2024-03-19 | $1.44 | $1.80 | Early Exit | $-363.80 | -25.27% | |
| 2024-03-20 | $1.33 | $1.76 | Early Exit | $-423.50 | -31.67% | |
| 2024-03-22 | $0.62 | $0.50 | Early Exit | $127.70 | 20.60% | |
| 2024-03-25 | $2.96 | $3.13 | Early Exit | $-168.90 | -5.68% |