16/5 means selling the 16 delta strike and buying the 5 delta strike
the 21 dte rule is never let the contracts go past that DTE date.
check out my youtube its really easy question to answer and its not any of the 3 things you have in mind. 21 dte and 16/5 is the answer....
took me like 16 yrs before i got it . /goodluck
its pretty easy to make money lol just check out my youtube
Buffett is the opposite of this bitcoinguy
its just randomness in the 87 crash some people made 16,000% that one year. that's great for them but its a one time thing
dont care outlier event moving on
best way to get rid of ur bitcoins is find a gold dealer that accepts them and ships u some gold eagles to ur house.
you pay less commission ,and the liquidity is slightly better
SPX
SPX is better when you look at backtest its just better. SPX = more weeklies , better strikes, better overall results pnl wise
all of those files are literally useless, but you wont get it.
how did u get 200k in credit with no job
it works great but when you start trading illiquid stuff and most individual stocks, it gets messy the commissions and slippage really add up
if most tastytraders stuck to SPX /GC / CL /ZB theyd make so much more money. unfortunately tastytrade loves pushing the " trade small trade...
you could argue "penny stocks" and "bitcoin" are potential instruments, but those are too illiquid imo
commodities have the most volatility so they have the most profit potential
otm decay is faster
I think CIS is bullsh*t . but he may be part of the .000001% that are gods of trading,end of the day its noise to make you all keep chasing.
Separate names with a comma.