Proof of concept complete. Trading plan has been updated. I have a plan that takes out fear and greed. Now it’s time to commit more capital to the strategy. Total fund balance will begin with $60k. Let’s do this!
Karen the Supertrader - TastyTrade Hybrid Experiment
- Thread starter Sweet Bobby
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Can you post the equity curve on this strategy?
This is something I would like to incorporate and automate as well.
Yes. I would love help automating the strategy.
PM me
I've got a series of spread builders set up on IB
butterfly builder, NDX/SPX insurance builder, Slightly Bullish BackSpread, Bearish Backspread etc. set up. The short call on a strangle is a little challenging for me to adjust. Which is why I do straddles instead. Lot more premium and adjustable, but open to sharing ideas.
I've got a series of spread builders set up on IB
butterfly builder, NDX/SPX insurance builder, Slightly Bullish BackSpread, Bearish Backspread etc. set up. The short call on a strangle is a little challenging for me to adjust. Which is why I do straddles instead. Lot more premium and adjustable, but open to sharing ideas.
If this was the real test, I'm doing well! I have really progressed as a trader, and I've got proper diversification and this down move was not at all painful. I've got diversification across different asset classes now. I know there are those that believe I'm going to blow this thing up, but it's not going to happen.
I have a written trading plan. Currently, it's about 17 pages long, but it's very, very simple. I confidently manage risk and trade very mechanically. I have rules, and I don't break the rules. So far, so good. I'm glad to see volatility return!
I asked specially about the Karen trades, not about your diversified portfolio. So how did the Karen strategy do?
Otherwise I am happy for you!
I'm looking at Puts with about 40 Days until expiration...12% out of the money... they are up 10 fold.
I don't trade Karen style. I trade a hybrid method combining what we know of Karen's trading, tastytrade methods, and a dash of my own style. I actually think that my strategy is far superior to Karen's. But I'm biased.I asked specially about the Karen trades, not about your diversified portfolio. So how did the Karen strategy do?
Otherwise I am happy for you!
OK, and are you saying you are up in the last 2 days?
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