I did not blow up and I’m doing quite well. It feels great when you feel like you have a plan and your plan is working!
Karen the Supertrader - TastyTrade Hybrid Experiment
- Thread starter Sweet Bobby
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2017 was a tough trading year. I have now closed all positions for the year. I’m up 14% for the year after commissions. I’m looking forward to 2018 and hopefully some two sided action. Happy trading!
Glad you are still around. mostly selling prem if I remember ? not my thing but +14 % prob not bad for that strat this yr.
You should have just invested in the broad market S&P 500...it's up 20% YTD.
All that hard work, and time, and planning...and you lost 6%.
-- that is not considered being Elite,Your Tastytrade savior trading bible is a joke.
You need balls and skill and like risk/Reward to truly breakaway from the pack.
Otherwise, basically everything out there is meaningless and crap.
Make Trading Great Again 2018, Sweet and Sour Bobby
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Even so I beat your returns paper trader Loogie!You should have just invested in the broad market S&P 500...it's up 20% YTD.
All that hard work, and time, and planning...and you lost 6%.
Your Tastytrade savior trading bible is a joke.
You need balls and skill and like risk/Reward to truly breakaway from the pack.
Otherwise, basically everything out there is meaningless and crap.
Make Trading Great Again 2018, Sweet and Sour Bobby
Congrats! Do you mean this was a tough year for Karen's method? Because I don't see it. The market never had a bigger than 3% pullback, selling puts in this enviroment should be a breeze.
Keep in mind that I have evolved from Karen’s strategy. The one way market was tough and volatility was low. I sell puts and calls and try to keep the monster balanced. It has been a challenge.
We all know that .... post market trading is 20-20.
Let's here from some sagent 2018 recommendations...
If you're concerned with safety of principal...you shouldn't be trading at all. -- just invest in the broad market, S&P 500. Buy n Hold it.
To make trading worthwhile, you have to be really 100% gung-ho or nothing at all.
For the individual trader, you should aim to at least at the bare minimum double the performance of the market index.
If that seems too lofty or aggressive for you...just invest in the SPY, and don't waste your time and energies staring and analyzing the market everyday, or weekly. You're putting in and dedicating a whole lot of time for not that much added benefit at all, if anything.
Years pass by, even decades...and you have gained nothing at all.
And you would have wished you would just invest in the SPY and spend your time with quality life endeavors.
Constantly chasing the dream...like American Idol contestants who are convinced they have serious talent to create music CD's and sellout stadiums of fans.
Make Trading Great Again 2018
....Hopefully, this will finally be your year...to become a SuperTrader.
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