Are Traders Finally Done With TastyTrade?

Not sure about that. It depends on how and what you're dip buying.

You have to align yourself with the worst conditions. Most people discarded 2008-09 data and thus will make money in the bull runs but have massive losses in any serious down move. I can't take the reddit traders seriously at all, most seem to be the YOLO crowd which is just gambling.

 

... and Sosnoff got me banned from ET over 4 years ago for saying exactly the same thing about Sossy and TastyTurd

 

I don't know what you were reading but that is what I was saying.

 

Really? Don't get me wrong. Tastytrade got me involved in options. I'm asking the question only because I'm seeing so many people saying that they are giving up on the methodology.

 

Their methodology was always "trade small, trade often" so traders generate commission for them. Now in this no com. kind of world, they have to come up with something else.

 

1. Misery loves company.

2. You win some you lose some, no big deal.

I am sure I will come back.

 

Ask sosnoff what his edge is

After 45 minutes of no answer, tell him "Thanks, anyhow"

 

I can usually withstand a 10% drop over a couple of weeks but >11% in a week came back to bite me and I took a hit. the only trades today.....butterflies or long put spreads

 

‘This is his “edge”: IV “overstatement” and IV mean reversion. Optimization and risk control are keys to exploiting this “edge”.

 

all easier said than done