How do you determine position sizing for Russell Clark’s 1DTE SPX Iron Condors using the 3:10 PM CST signals and the three risk tiers targeting 0.70, 1.15, and 1.60 credit when following a Set and Forget approach with no stop losses?

At VixShield, we approach position sizing for our 1DTE SPX Iron Condors with a disciplined framework rooted in Russell Clark’s SPX Mastery methodology. Our daily signals fire at 3:10 PM CST after the SPX close via the 3:09 PM cascade, delivering one of three risk tiers: Conservative targeting a 0.70 credit with an approximate 90 percent win rate, Balanced at 1.15 credit, or Aggressive at 1.60 credit. Because we operate a pure Set and Forget system with no stop losses, position sizing becomes the primary risk control mechanism. We never risk more than 10 percent of total account balance on any single trade. This cap ensures that even in a full-loss scenario on the widest Aggressive wings, the portfolio remains intact for the next day’s opportunity. For example, in a $100,000 account the maximum notional risk per trade would be $10,000, which we translate into the appropriate number of contracts based on the chosen tier’s defined risk. The Conservative tier, favored in our highest win-rate scenarios, typically allows for larger contract counts within that 10 percent boundary because its narrower wings carry less capital at risk per contract. We integrate the EDR (Expected Daily Range) and RSAi™ (Rapid Skew AI) to confirm strike placement aligns with the targeted credit before execution. The ALVH (Adaptive Layered VIX Hedge) runs in parallel as our proprietary three-layer protection system, using short, medium, and long VIX calls in a 4/4/2 ratio per base unit. This hedge, rolled on its own schedule, cuts drawdowns by 35 to 40 percent during volatility spikes without interfering with the daily Iron Condor workflow. When VIX sits at the current level of 17.95 and below its 5-day moving average of 18.58, all three tiers remain available under our VIX Risk Scaling rules. The Theta Time Shift mechanism provides an additional layer of resilience: should a position move against us, the strategy’s built-in temporal recovery rolls the threatened condor forward to capture vega expansion and then back on a VWAP pullback, often turning potential losses into net credits without adding capital. This combination of strict 10 percent sizing, tiered credit targets, EDR-guided strikes, RSAi™ optimization, and ALVH protection creates a repeatable process that has delivered consistent results across backtested periods. We emphasize that position size must feel emotionally sustainable because the Set and Forget discipline requires you to walk away after the 3:10 PM entry. All trading involves substantial risk of loss and is not suitable for all investors. Visit vixshield.com to explore our full SPX Mastery resources and consider joining the VixShield community for daily signals and live refinement sessions.