Sweet Bobby's Journal
- Thread starter Sweet Bobby
- Start date
It's looking bearish to me. I will wait to see how price interacts at those levels.
I appreciate your kind words!
My market timing usually sucks. But in 2020, I closed all of my short premium positions and utilized my version of Ron Bertino's black swan hedge. The only difference is I begin the trade in a diagonal fashion, with the long puts being in the shorter expiration.
A common misconception about my trading style is that I trade the Karen way. As you may recall from my previous thread regarding Karen, I developed a Karen/tastytrade hybrid method of trading that continues to evolve. I never think that I have learned everything. I am a constant tweaker of the strategy.
The current evolution of the strategy is very simple and I employ 4 tenets:
1. Sell premium
2. With high probability trades
3. Manage risk (I have a series of hedges in place)
4. Rinse and repeat
It's boring as hell, but it works well for me. It's amazing what a traumatic experience will do for a person. I was in the hospital for a toe amputation at the beginning of the pandemic. It was scary as everything! The hospital was in turmoil. I came out of that experience as a better, more tamed down Sweet Bobby.
I'm not as combative as I once was. This is a concentrated effort, but also a benefit of my current medication schedule prescribed by my psychiatrist. Without the meds, I go back to being a horse's ass.
I appreciate your kind words, and wish you all the best!
Sweet Bobby
@Sweet Bobby ,
re: your foster care children. I commend you on your service to those kids. You have probably changed their lives forever. On your website you said 4 of those kids stayed with you until they were 16. What happened to them for the two years before they become legal adults?
re: your foster care children. I commend you on your service to those kids. You have probably changed their lives forever. On your website you said 4 of those kids stayed with you until they were 16. What happened to them for the two years before they become legal adults?
Hello there,
I may not have been clear on the website. We have fostered a total of 16 kids. Four of those needed a forever home so they NEVER left and are still here. We adopted those four plus our daughter, Abby, who was adopted from Guatemala. We have five children all together ages 4 - 16.
I may not have been clear on the website. We have fostered a total of 16 kids. Four of those needed a forever home so they NEVER left and are still here. We adopted those four plus our daughter, Abby, who was adopted from Guatemala. We have five children all together ages 4 - 16.