Karen the Supertrader - TastyTrade Hybrid Experiment

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This is why the low returns/expectancy

100 trades, 80 are winners, some for 50% of credit others for less at the halfway to expiration date.

So, $1.00 credit (doesn't matter what $$) 70 winners @ $.50 and 10 winners for say $.25.
20 are losers, let's say 15 for $2.00 and 5 for $.25.

Leaves a net of $625 for 100 trades, before commissions and you are paying both in and out. 200 commissions X ???

I also thought I read that you sell naked. If that's the case, we haven't figured in your one or two runaway losers that will occur in 100 trades.

This style is so inefficient but I hope you will see that before you blow up.
While theoretically this strategy can have a positive expectancy, I think your term INEFFICIENT is acurate for the retail trader. The amount of time needed to manage this is huge, and even letting a few spreads go deep ITM will kill. Not even mentioning the risk on the naked stuff.
 
1.85% is bad, o_O

We retail guys have to aim, and achieve, way higher then that...for all of this to be worth our time,

Maybe you should just invest in the SPY S&P 500 -- and do Something else with your time,

It's Risky Business trading style, and likewise high rewards, -- or Nothing at all,

Simple Directional option plays...none of those weird, complex strategies...that essentially gets nowhere, because both sides are constantly canceling each other out,

Hone and refine your trading skill and intuition...know your battlefield,

Sweet and Sour Bobby,...is looking more like just sour bobby,
Call the chef and learn to cook like Heisenberg -- and start Breaking Good,

I have nothing specific, or concrete, to tell you regarding your specific trading style or strategy or mentality or viewpoints,

But don't give up...and you'll See Sunshine After The Rain,
Silence! Crickets! Chances are I'm the only one making money among those who are trolling my thread.
 
Silence!

Crickets!

Chances are I'm the only one making money among those who are trolling my thread

You call my response "trolling" ....I am simply giving you a certain degree of real insight, o_O

If you can't take the heat, get out of the kitchen -- it only displays your level of character and fortitude and wisdom and experience,

And besides, this thread is not about me -- I don't want to throw my figures, or % Returns, around here,

It's dangerous to Assume things, -- that's where epic blowups can happen,
Never underestimate your opponent,

This thread should be null and voided, by the way. -- Karen has been exposed as a fake,
As is your market performance with this experiment,

Good day, Sweet and Sour Bobby
 
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Silence! Crickets! Chances are I'm the only one making money among those who are trolling my thread.
I think many of us enjoyed your posts and were just trying to give you suggestions.

I consider DTB2's and sss12's comments as constructive because they gave you specifics of why perhaps you should review/adjust your method to get better results. In fact I am going to use the same to examine my own trades and see if I can improve on them.

In the current raging bull market, unless you are consistently bearish, your results could perhaps be better. If you are consistently bearish, maybe it is not a strategy suitable for the current atmosphere.

Best wishes.
 
You call my response "trolling" ....I am simply giving you a certain degree of real insight, o_O

If you can't take the heat, get out of the kitchen -- it only displays your level of character and fortitude and wisdom and experience,

And besides, this thread is not about me -- I don't want to throw my figures, or % Returns, around here,

It's dangerous to Assume things, -- that's where epic blowups can happen,
Never underestimate your opponent,

This thread should be null and voided, by the way. -- Karen has been exposed as a fake,
As is your market performance with this experiment,

Good day, Sweet and Sour Bobby
You sir are a horse's ass. You won't reveal your returns, because you have no returns. You simply criticize others. Take your paper money account and leave me the hell alone. I learn nothing from your input. This is an experiment, fool! At least I report my real and actual returns. If you do have returns, they are surely negative.
 
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