I am intrigued by this. But I always ask why if people have a good system why sell it and teach why not just make money trading it? Is it an access to capital issue? I mean I know some of us have more to play with than others due to a variety of circumstances.
Yes, access to capital. Best trading strategies don't make 100x but double digit. Life has a minimum cost though, that's why without access to capital even a solid 100% (2x) would perish in front of 2% backed by $100MM.
You are the programmer right? I'm up 28% in a month on a weekly butterfly trade but I need a way to write a screen for it for opportunities. I use pinning based on highest OI do you have the skillset to write some code around this to highlight the opportunities? I have or at least I think I have an edge but I'm not the coding type. Philosophy major here a humanities guy. I'm interested in finding a code to screen my set ups?
also like to buy a weekly calendar on mondays where there is a 60% vol diffrence and then i play straddles on Friday. Any way to screed for the best plays I would be interested in working with you on a coding side. I'm ramping up the capital to probably 500-750 k come April. PM me I guess if you can do this type of stuff.
I found free podcasts on this site very interesting. They have some calculators. I am not a member, but I like their approach https://www.thebluecollarinvestor.com/
I've been doing wheels for several years on SPY on my 401K. While it's relatively conservative strategy and it works, it's very hard to beat just plain simple buy/hold SPY. Especially if you trade on taxable account. Just do dollar cost average on SPY/QQQ and occasional covered calls (when SPY is seriously overbought) would beat most of active traders. Believe me, I know. And 20% easy annual return part is seriously showing how inexperienced you are. Don't ever try to lever unless you really know what to do. You will blow up 200K and a lot more.
Name any funds or individuals with average annual 20% for last 10 years (proven, not their words). I am sure there are a few of them but probably most of them no. Even if you over-perform SPY some years, after tax (especially if you are in higher tax brackets) and time spent to place/manage trades, you under-perform SPY. I know this because my no trading 401K is doing just as good as my trading account (if not better) last 10 years. If I count the tax benefits, it's not even comparison.