Nice talking points Jeff and I agree with most of them. You can't do what they do and expect success. I think someone else lost quite a bit of money following their trades.
There is no "edge" and this is evident from all the crying callers that phone in for the team to rescue them from their...
He was probably recovering from his premature ejaculation of what he thought was the solution to the Riemann's hypothesis. Then his daydream ended and he realized he had a TTrades episode to film and in hast ran from his student dorm to the studio looking like the colorful description you mentioned.
Retired from PanAm and now doing options. That sounds like a good synopsis for an autobiography. Maybe TastyTrades can have you on there as a guest. Just kidding Steve.
On a serious note, are you trading with your own funds or leveraging it with a prop firm? I.e. T3
Pro means you can bank...
Lucas, this is actually contrary to what I was told by "Gracer" on the research team. He claims that they DO include all the commissions in their backtests and get this... They test on 1 lot! How do you expect to make ANY money on one lot? There is no liquidity risk or anything...
What they do...
If that gets a mean reversal you suffer the exact opposite fate... It's a dangerous game here! What's the backup plan? Write premium and wait for another dip?
I got myself stuck in 50 SPY's but learned a lot from legging in and out of calendars and diagonals to make a decent ROC. Right now it...
People here who support TastyTrades wholeheartedly have no idea what they are supporting. Xenomorph and the other contrarians are absolutely on the money.
I called out Jacob and the research team on this segment regarding extending to "compensate" for lower volatility:
They argued with me...
What he said. Also, just because it is high doesn't mean it can't go higher and vice versa. You trading extrinsic or banking it safe with intrinsic?
I'm assuming you are watching TTrades and they don't cover everything in detail. In fact, some of their Math by their resident "genius" Jacob is...
IV rank does not equal percentile. You also need to be careful on how you figure IV rank since it is different for different periods of time. Default is 52 weeks but for certain stocks that is impractical.