If I wanted to make $1,000 a week trading options, this is exactly what I’d do

[@smbcapital]

SMB's Options Class: bit.ly/45xh2Mj

[@caseybills5517]

Nice video as always but here is my problem I have been making losses trying to make profit in trading. I thought trading demo account is just like trading the real market... can anyone help me out or at least advise me on what to do?

[@TylerJamestown]

You're not doing anything wrong, you just don't have the required skillset to profit off a down market, folks that are making profit in this market are pros and experts with in-depth knowledge and skillset.

[@StocksWolf752]

Uncertainty... it took me 5 years to stop trying to predict what’s about to happen in market based on charts studying, cause you never know. not having a mentor cost me 5 years of pain I learn to go we’re the market is wanting to go and keep it simple with discipline.

[@StacieBMui]

Could you kindly elaborate on the advisor's background and qualifications?

[@StocksWolf752]

Finding financial advisors like Rebecca Nassar Dunne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

[@VictorBiggerstaff]

She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

[@LannaSilva-w9p]

*I had problem comprehending trading in general. I tried watching other KZbin trading channels, but they made the concepts more complicated. I was almost giving up until when i discovered content and explain everything in detail. The videos are easy to follow*

[@HaimantiJundu]

This is not the first time have been hearing of this woman and her exploit in the trading world but have no idea on how to reach her>

[@WorldSpectator705]

It's good to hear Seth talk about approaching trading with caution. For newbies, IMO far too many previous videos have been excellent, except for the fact that they don't stress the risk of loss enough. He's even talked about the psychological hazards in trading in this one, which are very, very real. I underestimated this aspect of things initially, but later realized this is a key factor in trading. Good job Seth!

[@AL_goTrader]

If you took a course with SMB. It shows you step by step and adding risk. Paper trading and adding risk. Seth is the best.

[@AlisonKhar]

What is the best strategy to succeed in the market now for someone with more or less than 30k?

[@DevinNovak-vh2cx]

There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist.

[@mirandaryan2365]

Very true. Despite having no prior investing knowledge, I started investing before the pandemic and pulled in a profit of approximately 950k that same year. In reality, all I was doing getting professional advice.

[@SaylorHughes-dz4qb]

How can i participate in this ? I sincerely aspire to establish a secure financial future and I am eager to participate.

[@mirandaryan2365]

I'd say a little due diligence on "Stephany Reuben" truly exceptional..

[@mirandaryan2365]

Track down a trading maestro, like Stephany Reuben

[@TylerBeckert]

Seth = OG Options Daddy, always dropping gems of pure wisdom and logic 🙏🏻🙏🏻

[@theronroberts5573]

Seth, I have been trading options for about a year now. I've made some mistakes along the way And have lost some money as well. But this iron butterfly has been my latest strategy for the past 3 weeks now. And seems to be working very well. I think I'll stick with it for a while. And thanks for the video.

[@knm185]

Do you use the spx only?

[@theronroberts5573]

@@knm185 I'm using the /ES mini until I get my account back up to $25,000. I've got about 2,500 to reach 25k . I will need a bit more to give myself a cushion. But Then I will use both the ES and the SPX.

[@markschellhammer4663]

When do you enter the trade? What is your ATM strike? Since SPX can move dramatically at open, do you just use the open price? Or do you wait until, say, 10am for the market to settle a bit and then enter the trade?

[@DKerch]

@@markschellhammer4663 good question. papertrading should lead to the answer

[@gregoryvantieghem6577]

The most important info is to know which Stoploss and profit target you set ? How can you paper trade it when you do no know the exact parameters ? And also, do you always take the loss when the SL is hit or do you adjust ? Thanks for clarifying that

[@mikeb5664]

I'd expect to take 25% of max profit on a 0 DTE trade, and a 2x loss (of the initial credit) for a stop loss, to give it time to possibly become a winning trade.

[@MsGorteck]

This was a REALLY (!!) good video. You stressed the important parts and you did so repeatedly. Also this video applies to all traders and investors, regardless the item being traded/invested in. This is a outstanding video that you should recommend 1st before the 'I teach you about what options are' class video that you always mention about 2min in.

[@dulcehahn12]

It took me four years to discover that forecasting the market based on charts is pointless; you never know what will happen. Without a mentor, those four years were miserable. Now, I watch market trends and keep things basic and disciplined. I currently earn an average of $35k every week, despite the fact that I barely trade myself.

[@AliceAnderson-in1et]

As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.

[@dulcehahn12]

As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known crypto consultant

[@dulcehahn12]

I started working with Alex Gomez back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.

[@dulcehahn12]

This is he’s telegrams user name

[@dulcehahn12]

@AlexRcoin THAT IS THE USER NAME THAT IS HIS USER NAME

[@philip48230]

Another very good realistic presentation, especially the point on psychology. I keep making money with covered calls, but volatility of market on underlying assets is nerve wrecking. Slowly and calmly learning my mistakes, making corrections, MORE FULLY. appreciating diversity rule, SLOWLY making progress. The psychology part of this presentation is the best info you’ve given in all your presentations.

[@patricioortiz2775]

Beautiful. I'll start this Monday with one contract on paper first then live if everything works out. Thank you much.

[@tdiler12]

perhaps try live $ with the mini SPX first,(XSP) The big boy SPX at 10x the leverage can be a painful lesson.

[@douglasteachout1958]

@@tdiler12Be careful of reduced liquidity with XSP.

[@tdiler12]

@@douglasteachout1958 Fine point. She s no SPY.

[@VirmanaMarketing]

it would be wonderful to discuss stops

[@felipecalves2010]

Great video! But i would like to know the timing of start this trade in 0 DTE.... May be about midday? Many thanks!

[@douglasteachout1958]

There is nothing proprietary or novel about an iron butterfly trade. Timing is the single most critical aspect of this type of trade. I used to do this trade mid-morning with ok results. However, if you are not able to babysit the trade you will more than likely get burned bad. If the market moves quickly, an iron butterfly will get crushed. Practice this over many trades to get comfortable.

[@mikeb5664]

Tastylive has done a 0 DTE studies showing best entry and exit

[@Sar2831]

Your videos are the best I have found. Real world scenarios for both wins and losses. Thank you!

[@davepolk9370]

Thanks for explaining the strategy, but in order to make this workable in real like, we need to know the time of day, target profit, and stop loss. When do you share the missing pieces? Thanks!

[@mikeb5664]

Tastylive has done 0 DTE studies that address your questions.

[@LucilleMia-]

I really appreciate the dedication in each video you post. Despite the dip in crypto, I still thank you for the level-headed financial advice. I started crypto investment with $4,345 and since following you for few weeks now, I’ve gotten $18,539 in my portfolio. Thanks so much Omar Sani for all you do.

[@LucilleMia-]

He's mostly on Telegrams, using the user name

[@LucilleMia-]

@Saniomarfx, thats it

[@FreyaIsla619]

Very Educative video. I have witnessed firsthand Sir Omar's dedication and commitment towards his clients. Omar Sani pays when due without delays. I can't thank you enough sir, God bless

[@FreyaIsla619]

He's mostly on Telegrams, using the user name

[@FreyaIsla619]

@Saniomarfx, thats it

[@chriswood1814]

It would be interesting to know what we’re the common themes of the months that lost money. Higher VIX, earnings, etc?

[@mikeb5664]

Its random at best. You need enough occurrences to realize your projected win rate. Times like the pandemic can never be predicted.

[@volkerarendt1501]

Many thanks for the valuable input. How are the profit target and stoploss defined for this trade? Or is this part of your training program?

[@markschellhammer4663]

Would you place this trade at the open? Or would you wait for, say, 1/2 hour to let the market settle, then place the order?

[@mikeb5664]

TastyLive has done some 0 DTE studies that have addressed this. They can be found on their website.

[@riteshpatel309]

Can you please let us know, what's certain profit and loss stops you mentioned multiple times here, thanks?

[@maxcorder2211]

One of your best video’s, Seth.

[@seanchang2763]

This works great in a consolidating market. Ask yourself, is this market trending or consolidating?

[@ninjazzrhythm400]

you're talking in general? META, INTC and AMD looks like its in consolidation

[@billsimon6111]

I have two very naive questions: 1) If the net of the initial trade grants me a credit of $X dollars, why do I need capital? And, how is that minimum capital calculated? 2) If you received a credit after the initial spread trade (whether an Iron Butterfly, or any other vertical spread), why do you have to close the trade out at all? What happens if you initiate the position 0DTE, and let the positions expire?

[@fordhood8646]

summary of this video 0 Dte Iron Butterfly--EXPIRY DAY Exploit time decay SELL 6 ATM CALLS SELL 6 ATM PUTS (BUYING EQUIDISTANT LONG CALLS AND PUTS) BUY CALLS BUY PUTS

[@KP99]

I would like to see the backtest for other yrs too, like 2022, 2021, 2020...just to make sure it is consistent that you come out ahead, and that 2023 wasn't just an anomaly for some reason.

[@peeyotchpipe2257]

Backtests before 2022 aren’t going to be very useful, as that’s when every-day expirations were introduced to SPX. The options market changed significantly when that happened.

[@KP99]

@@randythayer8440 Does every broker offer it? I'm not sure mine (schwab) does

[@FMD023]

This strategy has been great to me and only had 1 red day from being green 2 straight weeks. I had a chance to close when it bounced back twice from my break even. I was ego and too fixated on my 55% PT instead of collecting 22% which was stilll 900. I just still don’t know how to roll the trade if it takes past my break even. Do I turn it into an iron condor or roll over to a new date

[@eglobalsystems2554]

It’s easy for looking at history and making this iron condor. Do you have live stream trading ?

[@revaddict]

Ic's are known to be highly profitable with regards to options trading

[@raysteel6317]

If want to make 1000 week trading options, start with 2000 a week,

[@markschellhammer4663]

Soon you too will be at $500 a month!!😂

[@raysteel6317]

@@markschellhammer4663 Almost there!! 😆

[@FMD023]

I been backtesting this strategy for the last week and it’s been netting a little over 1k every day letting this trade exp. 1 lot risking 4-5k to make about 2700. Crazy how it’s been green every day letting the trade exp

[@markschellhammer4663]

When do you enter the trade? At open? Later after it settles down a bit?

[@FMD023]

@@markschellhammer4663 at open. The video says close out the trade 90 minutes after the trade. When I back tested it, I let the trade expire and every day last week I was in the green there was one day I made $900 profit but every other day was at least 13 $1400 on a one lot Iron Butterfly.

[@FMD023]

@@markschellhammer4663 starting next week I’m going to back test where I will close the trade once it’s profitable and also let the trade expire at the end of the day to see the difference. Also, would they one lot trade you risking $5000 to potentially making max of 2500- $2600. Also you might not want to run this strategy on CPI days when Powell speaks because the chance of volatility will shoot up. Last Friday was perfect for the trade to let expire. Which would have net you $1800. Also there was not a day where this strategy will net you the max profit of 2500.

[@AgathaDaisy]

Lovely Video. I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Omar Sani.

[@AgathaDaisy]

He's mostly on Telegrams, using the user name

[@AgathaDaisy]

@Saniomarfx, thats it

[@edwinvalle2666]

Do we have to use iron butterfly or can we use iron condors?

[@Kaustavpatell]

I'm an aspiring trader who would rather learn from other traders' experience than investing in the market myself, in anticipation of the next bull run. What are your thoughts on copy trading as well? Do individuals actually earn a living? Just trying to get some reassurance. I want to have a healthy portfolio worth at least $850,000. Reliable inputs please.

[@frankedwardark]

The strategies are quite rigorous for the regular. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

[@Vivienedouglass]

I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.

[@AmithKaury]

I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?

[@Vivienedouglass]

SUNITA SUZANNE BYG is a hot topic among financial elitist in The US. She's gained some reputation for her works during Covid. All the info. you need to set up an appointment is on her web page.

[@Vivienedouglass]

...SUNITA SUZANNE BYG is her name,You are most likely to find more info when you look her up ...

[@trazzpalmer3199]

I recently sold my house in Portland and am thinking of investing the funds in the stock market. Although I know it's a great time to buy, I'm unsure if now is the right moment for me. I'm also wondering when I can expect to fully recover my investment. To be honest, I'm puzzled by how others in the same market are making significant gains of over $450,000 in just a few months, and I'm trying to understand their strategies.

[@danieltaylor--65]

For any investor, a strong plan is essential to their portfolio. The higher the risk, the bigger the possible return when it comes to making important decisions, thus it makes sense to consult with seasoned experts.

[@EthanBrown_23]

Some individuals minimize the importance of counsel until they make regrettable mistakes. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.

[@SarahTaylor_]

That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this coach?

[@EthanBrown_23]

"Kenna Muriel Hesseling" is a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@RobertBrown..]

I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon.

[@GoodDaySir187]

Seth -- the trader backtested this strategy every day in 2023, so 252 times, correct? I'm just trying to calculate about what the average return per trade would be. Thank you.

[@ACgo49ersandSantana]

I got to say SMB Capital even though you guys pulled this off it is too risky. If one side of the spread goes south really fast you guys have the capital/collateral to roll out further and still be profitable but the everyday retail trader can not. You guys are in the right direction though but there's some tweaks I do that work for retail.

[@mikeb5664]

Reduce the lot size until the BPR of the trade is equal to 1%-3% of your net liq

[@johnmanny760]

Sir Ronal’ has offered profits to investors who wish to recover losses including myself and it’s a great honor to be part of them 🥳

[@johnmanny760]

he’s mostly on Telegrams, using the user.

[@johnmanny760]

@R o n a l f x 2.

[@chandrakantsoni8967]

His technical analysis is excellent and his interpretation/projections of the market are so accurate’ The point is Ronal’ is the perfect trader to follow for advice and guidance

[@geraldmark7291]

May Allah bless Ronal’ for his help. I’m glad my doubts have been cleared, and i received my profit from last week’s investment. Keep up the great work

[@fanusrust]

Sir Ronal scammed me and took all my money

[@ThomasCullen-jp4fy]

Use this strategy if and only if the market volatility is low based on the VIX. Only if the VIX is at or below a certain level.

[@EvelynOlivia-]

Great Video. When it comes to professionalism, Omar Sani is one of a kind. He is committed to giving his investors passive income and financial stability. Omar Sani is the best trader out there

[@EvelynOlivia-]

He's mostly on Telegrams, using the user name

[@EvelynOlivia-]

@Saniomarfx, thats it

[@alpeshsondagar3025]

Can you share what's the exit criteria to cut the positions..

[@user-dv5gm2gc3u]

did something similar with just a 0dte-straddle. Problem I was having that the moment when it was working, 1 or 2 days later the IV increased, making the price of the option x3~x6 which broke the statistics/profit. Maybe gonna improve it, got a feeling the option pricing/iv has a delay compared to market vola. IV can be low going into earnings-week (experienced this), and probably IV can be high a while after. Backtesting it with 2 hours in, and trying to exit atm before expiration is also a nice idea. tnx

[@mikeb5664]

They buy puts and calls, effectively making a straddle, an iron butterfly.

[@claudiafischbach3358]

Where can we see the replay of the webinar?

[@LoriBowden-qg4lm]

does anyone know the time of day this trade was executed in back testing?

[@jimgeyer3475]

Outstanding Commentary!!! Priceless!!! Thank You!!!

[@gregorymelvin9811]

How did you come up with the put and call you bought in the example? Is there a delta you were shooting for, or was there another guide you used?

[@SkylineR34EvoX]

Short strike +/- 80 points

[@amoskane]

How do you guys get approved for level 3 options trading? I can’t run an iron butterfly at level 2 on Webull.

[@preciousdafe3988]

Just use Charles Schwab or IBKR for Options trading. They much easier to get level 2 Options approved.

[@mikeb5664]

I don't think Tasty Trade has those goofy levels.

[@Katie-Stein]

I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Elizabeth Wesley.

[@Markchampion631]

Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been superb

[@BenjaminOLeary74]

You trade with Elizabeth Wesley too? Wow that woman has been a blessing to me and my family.

[@Donnawilson736]

She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

[@DevanshMuhammad]

I'm new at this, please how can I reach her?

[@Aditisandhya1]

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

[@hemanths2427]

Great content… thanks for the video

[@gulee]

Very good explanation of the strategy, thanks!🙏🙏🙏

[@melvinbarnes6652]

Question: In order to receive cash, don't I have to have the shares available?

[@vladvol855]

I made the same backtest, as you explain in a video. But the result is absolutly different. Possibly you have some additional rules for this strategy

[@mikemcknight4628]

I find these videos helpful. Critics are good but should provide their superior system or ideas.

[@girishpatel1853]

Excellent learning platform.

[@gdhhdhshsjsjshdhdhdgsvsgs7312]

Am I correct : in this strategy you are opening the buterfly position at the start of the trading session and close it 19 minutes later? So the time in position around 19 minutes? Or you are clising it 19 minutes before the market close?

[@fercgv1717]

90 mins, not 19. And he does not specify the entry time, but probably won't be at the open

[@douglasteachout1958]

If you try to trade this at the open, you will get crushed. Most people I know start some time mid-morning.

[@williamkloss3195]

When I backtested this, I found certain days were profitable and others weren't. The system is profitable but I found some losses greatly exceeded my tolerance. Was there a stop loss?

[@williamkloss3195]

@@randythayer8440 Not a chance.

[@dangeltv7673]

This is gold. Thank you!

[@Lloydchrist23]

What are some good options backtesting software?

[@mikeb5664]

OptionStrat. $60/month.

[@KevinDoss870]

I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Katherine Flores

[@emilydonovan399]

I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...

[@Raymond270]

She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

[@lindabella127]

Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading

[@gabbysimon151]

As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.

[@dennismarkson]

The first time we had tried, we invested $1400 and after a week we received $5,230. That really helped us a lot to pay our bills.

[@alexpoon9048]

We can trade XSP for small account

[@michaelthibodeau1509]

does anyone know what time of day they execute their trades?

[@mikeb5664]

Have a look at the 0 DTE studies that tastylive has done around entry and exit.

[@Eqnotalent]

what was the stoploss set at for the stoploss ?

[@visiedo72]

Min. 3.50, that’s not an IronButerfly, that’s an IronCondor. I advise everyone to close this video as fast as possible if you want to preserve your money.

[@jamesblock8741]

Tried this on paper at TOS. First trade took over an hour to fill? Second try is over 30 already to fill?

[@vanillalatte6756]

It is always harder to get filled if you are doing spreads unless you set your price lower than the current price.

[@robbybee70]

what is a prop-firm?

[@AndyCampillo]

coming from trading futures, this is like roket science.

[@maorbatashvili8349]

Any recommendations on options back testing software?

[@afonsodeportugal]

Most brokers allow you to use a "demonstration" account that works almost like the real thing. The downside is that they will keep harassing you to get a real trading account.

[@terifong9816]

Great education!

[@kadiriharuna2165]

Thank you Sir !

[@multiscan8]

even tho this is synthetically the same as a straight butterfly (with all calls or all puts) I find the straight butterfly trades a little cleaner (faster)... maybe it's because its three contracts instead of four?

[@SkylineR34EvoX]

I have been practicing closing these multi leg strategies amd have found it can be quite difficult sometimes. I sent it for market price 5minutes before market close and it didn’t move. 😢

[@Caveman787]

Hoping the market stays neutral in the first 90 minutes these days seems generally unlikely. Unless no news at all during the week.

[@jonathansmith9705]

Too capital intensive vs. credit spreads (an iron condor). Would rather the spreads close worthless so there's no commission or "day trade."

[@figh761]

i tried iron butterfly as he said in another video ( along with adjustment ) and lost 3000 dollars

[@zer0gravity184]

Damn, I hope that was 'paper' trading.

[@pissoff30]

What was your adjustment?

[@mikeb5664]

Did you back test and paper trade it and start with 1 lot trades?

[@HarrisBrewis91]

I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Catherine Gauthier.

[@KateBevan-pr2di]

Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading.

[@HarrisBrewis91]

she's mostly on Telegrams, using the user name

[@HarrisBrewis91]

GAUTHIER6 💯 ..that's it

[@nijatrzayev9962]

f.. off, scammers!

[@jamesburns9345]

What strategy are you using if you don’t mind sharing?

[@nd-kay]

Many thanks😊

[@rogerward801]

But if the underlying price crosses the sold option price, you're going negative

[@JordanBusansky]

Is there a free paper trading platform that allows complex option trades like iron butterflies and credit spreads? I can't seem to find one that allows complex trades. Only buying and selling single leg options

[@GeorgeP.-um1yp]

IBKR or WeBull I think, here in Canada at least

[@grltrader]

TOS now part of Schwab

[@cheriebenjamin0315]

The most important thing must understand and accept is that you will eventually have a loss in trading. To hope or think you’ll never have one is crazy and unrealistic.

[@carmelfoster4590]

I need your help.

[@gregwaisso6838]

Nowhere does it mention how much percentage they pay you from the profits. Anyone have an idea?

[@samuelj2408]

Better off playing blackjack, not even joking. The rate of return in 5 years would be higher.

[@mikeb5664]

Assuming you know more about blackjack than option trading. They are both random and you need to play the probabilities.

[@stephensailer9495]

Isn't this an Iron Condor?

[@emysahayaumma]

А сколько в приватке есть актуальных связок?оО

[@blop1139]

I'm not sure people understand in the example that they will lose something like 20 000 $ if the SP500 move 1.5 % up or down.

[@vanillalatte6756]

Yup if your short leg got exercised. And stock price hasn’t reached your long leg. That will be super terrible :-( They make it sounds this has no risk. The biggest risk is if the price fall in between your legs then you got exercised cause no much time left.

[@mink7348]

@@vanillalatte6756 Most index options are cash settled which simply means that upon exercise cash is exchanged rather than securities.

[@mink7348]

@@vanillalatte6756 Most index options are cash settled which simply means that upon exercise cash is exchanged rather than securities.

[@mikeb5664]

That's why he stressed paper trading to see if you can deal with the losses along the way.

[@jamesburke2654]

🙏 Thanks

[@victoran1290]

This video could be 30% shorter, and every SMB video doesn't need the lengthy intro, or the explanation of who SMB is.

[@riteshpatel309]

Thanks 🙏 🙏

[@Lynn-s2h]

Искренне не понимаю почему тебе еще не прогнали с этого сайта)))

[@SayteaMorrilex-n8b]

Taylor Michael Johnson Helen Perez David

[@scottamolinari]

Couldn't you also analyze the losing months to see what might be done differently or more optimized to avoid the losses? I also get the gist of the information offered in SMB videos. However, I wish there was more discussion about how losses can occur in these strategies. It's like the videos are all intentionally made to entice with the major "wins" being shown and only a sentence lost on "no strategy always wins". F*ck that. Show me how I can lose to be able to avoid that with this strategy. Answer the question in all your videos - how can the strategy lose? Then I'll be satisfied with watching the videos, because I'd be learning about mistakes, before I make them or rather, I can simply avoid them. If I make the mistake after hearing about what can happen, then that is on me. But, if I make the mistake because I was never warned, that is on you SMB.

[@TheDRam3]

Something that might work on losing months may not work on winning months. By changing the plan you would change the results for all months since you can’t tell which month is a loser/winner until after the month.

[@scottamolinari]

@@TheDRam3 That's true. There is always a bit more to it. Trends, current market sentiment, etc. I'm not saying change the strategy completely for all situations, but maybe understanding why there were losses and in which conditions that could be accounted for next time. I believe any strategy can be refined or rather optimized.

[@mikeb5664]

You cannot avoid losses. The markets are random. You need to trade the probabilities. Trade small with many occurrences to realize your projected win rates. And if you aren't willing or able to spend countless months studying option trading, don't even bother starting. You don't seem willing to take responsibility for your own trades, so I'd find another way to make money if i was you. These guys aren't selling you anything and nobody is forcing you to watch the videos.

[@scottamolinari]

​@@mikeb5664 I know enough to know what SMB is showing us is mainly the rosy side of trading. And, they do sell something. It's why these videos are made to begin with - to entice people take their courses (which cost money) to become a trader with the carrot of becoming a prop trader at SMB. I know, because I took their introductory course. And where do you get that I am not responsible for what trades I make out of what I wrote above? You make a lot of assumptions from what I wrote. You should stop doing that. You know about assuming right? If not, let me know. And, you certainly can avoid losses. Losses are usually made because of mistakes. Mistakes can be avoided. You can't avoid all loses. That I know too. But, you can avoid stupid losses. Usually experience is the best way to learn cause they are the most painful. But, I also know to take the hit and move on. Have a nice day!

[@ct4709]

This is all fine and dandy but a lot of information about this system has been left out of this video. It is not tradeable as stated..

[@jefsut]

If this works, why not trade it yourself instead of trying to sell it to clueless traders? Could it be because you can make more money selling your strategy than trading it yourself?

[@WorldSpectator705]

Okay, how exactly is he "selling it"? If you're talking about making money from youtube hits, as of right now, a week after release, it has only 34K hits, that's nothing in terms of cash generation. The firm probably makes many, many millions of dollars trading, this youtube channel is nothing.

[@3for5spotshooter]

Aren’t these the folks who had traders trading against each other in house and taking the rake????

[@RobAllen28]

Most of the Cryptos are down at the moment and now is a very good time to invest in them. The market is experiencing a fierce correction and now is the best time to stack up on those cryptos.

[@IsaacStewart-g4x]

You're putting a good reputation to this channel and everyone reading this, Nice job... Its really needful for beginners not to settle for videos alone or they will see their self losing all their money just like me when i newly started trading with this videos here on KZbin

[@DBraun-uj8ir]

Trading daily, what was max drawdown, even in a winning month?

[@Smt_Glaive]

1000$ or any $ a week is pointless. Talk percentage or R I've lost confidence is SMB 😂

[@mrpsquared01]

Am I missing something? Looks like an iron condor

[@russervinsa]

In an iron condor, the middle options would be apart. While a butterfly has two middle options at the same price. (two spreads but the middle origin is the same)

[@WorldSpectator705]

Butterfly's and condor's are similar in that you're betting that price will not go "too high" or "too low". The difference is that the condor has a fixed profit level across a range of closing prices, the butterfly has a center price that represents the peak profit point at close, and the profit amount drops off proportionally from there. If you google it, or go to stockcharts it will explain both in detail.

[@jusjoseph]

Yea, this isn't something I am going to do. Thanks anyways.

[@jefsut]

Post your actual trades, that might be helpful. Otherwise, it's all smoke and mirrors.