Tom Sosnoff shares his most important "must-have" skills to build a future in finance. This is a presentation he has never done before. You will be challenged!
Пікірлер: 205
@markhoffman23096 жыл бұрын
We can hit a pack of cigarettes with a missle from a thousand miles away but the art of a reliable microphone is technically beyond reach.
@davidbass33955 жыл бұрын
Pleases stop whining.
@razzlfraz4 жыл бұрын
It's comments like these that start businesses.
@phxhoward4 жыл бұрын
If they spent $10 million on the microphone then it would probably be as reliable as the missile.
@markturner58583 жыл бұрын
Hilarious
@mikedeee69682 жыл бұрын
Lmao, but great information ℹ️
@rDigital2A3 жыл бұрын
I'll take any Sosnoff talk even with bad sound issues. Thanks, Tom!
@wilsonsamuel2469 Жыл бұрын
I am so sorry that I havent had discovered Tom Sosnoff all these years! finally so glad I found this guy.
@AKhan-oz9hw3 жыл бұрын
It’s not very common to find out so much grade A information in 39 minutes. Thanks for sharing this video and thanks of course to Tom.
@OurNewestMember3 жыл бұрын
32:10 "wealth is not created through being right. Wealth is created through being smart." Tom always gives you interesting ideas to snack on!
@jackbarhillel10652 жыл бұрын
that was dumb
@jackbarhillel10652 жыл бұрын
Seriously man, you're a, idiot. How old are you?
@jackbarhillel10652 жыл бұрын
He was talking mainly about options, which is completely cryptic without proper education. Options are technical. I see you're far from understanding anything about it.
@OurNewestMember2 жыл бұрын
@@jackbarhillel1065 normally a 9-month old KZbin account reeks of scam, but your "RECAP" comment (if you didn't steal it) was good.
@jackbarhillel10652 жыл бұрын
@@OurNewestMember Man, "snack on" was clearly not the point here. He's talking about financial litteracy. Peace
@affluentproducts5 жыл бұрын
I really like Tom Sosnoff's explanations of what is really important to understand about the markets. He has a great common sense approach and is excellent at explaining complex financial issues in a simple yet entertaining fashion.
@jackbarhillel10652 жыл бұрын
He was talking mainly about options, which is completely cryptic without proper education. Options are technical. I see you're far from understanding anything about it.
@jacecrawford60152 жыл бұрын
@@jackbarhillel1065 you are arrogant af. Also your comment makes no sense. You basically admitted you know nothing IN your post. It is not cryptic to those who know who this is and what he was going to talk about Of course its about options and trading the market... that's what he was there to talk about. I see your are far from understanding anything about that.
@PromotedByDavid3 ай бұрын
I didn't realise that I learned so much rubbish stuff until I watched this video. Thank you Tom for your great content which sets a correct direction for us to learn and work towards to. 👍👍👍👍👍
@cpte.38004 жыл бұрын
so many golden nuggets in this talk. Tom Sosnoff is a great individual to learn from. Very passionate about the markets
@claudebelanger85246 жыл бұрын
I really like Tom. He explains things in a way that is easy to understand
@jackbarhillel10652 жыл бұрын
He was talking mainly about options, which is completely cryptic without proper education. Options are technical. I see you're far from understanding anything about it.
@jackbarhillel10652 жыл бұрын
lol, you're saying that while obviously you didn't get a single word of it all 😅😅
@jackie678610 ай бұрын
Amazing person 🎉
@cruisemates5 жыл бұрын
go to 35:30 to hear the ten things you need to know- otherwise Tastytraders find nothing new here. And it isn't trades, it's "approaches". (Derivatives, Futures, Pairs trading, Basis improvement, basis reduction, Arbitrage, yield curve, hedging, volatility, digital currencies, selling premium.)
@AlbyTheMovieCreator3 жыл бұрын
You are a hero
@roroguapo33 жыл бұрын
You will save years of people's time collectively.
@ygtcbee233 жыл бұрын
Thank you. This guy gets paid to talk not get to the point.
@mizza95953 жыл бұрын
🙌🙌🙌
@G8tr15222 жыл бұрын
thank you!!!
@jefflirette7747 Жыл бұрын
Volatility is mean reverting. I will hold this near and dear to my heart.
@gtonyrodriguez99843 жыл бұрын
Tom You are a genius!!!
@xamanikia135 жыл бұрын
One of the best teachers out there. If you can understand him and put the effort to grasp what he teaches you are set for life!
@123-f6j8h3 жыл бұрын
What a load of shit!! He's getting people excited about making loads of zero edge trades to generate volume for his brokerage Tastyworks.
@Berelore Жыл бұрын
Good talk, I wish they'd shown the slides.
@TheIngPin6 жыл бұрын
"Bull markets make people into geniuses that aren't geniuses"
@aboredguy5 жыл бұрын
Knowing the type of market you are in does that.
@smsmoof81284 жыл бұрын
it does if you were buying during the bear market.
@carlzeiler15373 жыл бұрын
I was tricked into watching by the title, but now I'm glad I did
@dannytetreault28 күн бұрын
5:37 Markets go to liquidity, and markets go to leverage. The single most liquid, leveraged marketplace is the futures market. PRODUCT INDIFFERENCE.
@arielleHT6 жыл бұрын
My gut feeling can sniff off when somebody has a real knowledge.
@jackie678610 ай бұрын
True kind genius
@terence37876 жыл бұрын
How strange when they taped this, they did not shoot the slides played on the screen. I thought he had no slides. I only realized he was using slides when he said at one point that "this is my last slide".
@joemonkey69795 жыл бұрын
Agreed, this valuable lecture would be more useful if all of us could see those slides.
@markcjohnsen4 жыл бұрын
I agree - very frustrating there were no slides w/ this :-(
@henrykolberg13492 жыл бұрын
19:35 My mind is blown, its all starting to click now
@joesloan2207 Жыл бұрын
Great content, but fucksakes the sound cutting out is killing me. Thank you for the video though
@mr.premium74 Жыл бұрын
Good job out of you Tom
@marsery4 жыл бұрын
I wish that a not so young people could also get a position like young people managing money
@TheIngPin6 жыл бұрын
"Wealth is not created from being right. Wealth is created from being smart." This guy has so many quotables "How can you have scalable success in random markets?"
@123-f6j8h3 жыл бұрын
Shill for Tastyworks
@rafaelosorio22513 жыл бұрын
I wonder if Tim Sykes can explain this way
@navketan19652 жыл бұрын
Please recommend one best prop firm you would deal with now & WHY. In traders Prop Accounts is Hedging Allowed(firm names)? Also For Hedged positions Is any margin required after hedging is completed? For open hedged positions carried overnight how is daily loss limit calculated next day of trading?.And thank you.
@tonysizemore87135 жыл бұрын
First of all, Tom has to boil down a topic that is arcane and powerful as we who operate knows. Second, he is gracious in the fact that the mic doesn't work perfect. Just like options trading. If you don't get the analogy, go sell real estate. No, I don't know this man, he is trying to say something complicated in terms the audience can understand.
@Jupiter123144 жыл бұрын
Wow this guy is smart
@MightyCrazy3 жыл бұрын
Alot of people doesnt know but Tom is Barbra Streisand's brother.
@fooling63735 жыл бұрын
Sound never gets fixed
@Fj8282haha Жыл бұрын
Base reduction make u miss buying hr price on spot so u loss long term large profit protection vs small loss if buy right on spot
@madambutterfly76414 жыл бұрын
No slide show?
@windycitybeats67243 жыл бұрын
😆🤡
@buggieboi19886 жыл бұрын
the mike guy!!!! you had one job!!!!
@JC_inc3 жыл бұрын
How do you know that? Maybe he had many jobs
@Lifefacts5646 жыл бұрын
Awesome video terrible sound
@lyndellemccullough26582 ай бұрын
he predicted the future 6 years ago
@ericcardin24162 жыл бұрын
Puts on the sound guy
@DimitrisAndreou3 жыл бұрын
I didn't get it. Why make a portfolio flat? Isn't there a way to make a pure vol play if that's what you want to do? Otherwise if you want to make it flat, and willing to overlook tax implications, just close all positions. Ah, "flat" in terms of a single underlying, eg delta neutral in terms of SPY. Not delta neutral for all deltas
@LinhHLe3 жыл бұрын
let say the market crash, you not able to get out...at least delta hedge would save you a bit
@Haffizy172 жыл бұрын
I wish this sound wasn’t so messed up :/
@marksoberay23184 жыл бұрын
I wonder if AI will dominate this industry soon
@Lil_mar007 ай бұрын
is he saying VolR around 15min? I can't make out what exactly he's pronouncing.
@S1lv3rdo74 жыл бұрын
I think it's funny that his first point on what he thinks is important to understand, I don't even understand the 2 things he said before that weren't important to him. The scholes model (heard of it) and the math behind the greeks (still working on that one). Really lets you know where you stand among your peers in comprehension.
@GreenTimeEagle4 жыл бұрын
I'm slowly slowly getting there. Thank God I realised all the many charlatans lurking before I fell for it ( some MFer will reply to this " wow I lost so much $$ before I met X. email him for results! wow!")
@tomfarrand34264 жыл бұрын
show the screen
@moneyprintergobrr65015 жыл бұрын
What if I one is a monster genius and can predict the future?
@ihsanatlitv4 жыл бұрын
what is val ARP ?
@sovietsandvich84432 жыл бұрын
Volatility arbitrage
@stevegrove11925 жыл бұрын
Whoever produced this must be in 3rd grade. What a shame.
@ariancollin22175 жыл бұрын
He has been short ES since 1500. Makes money from creation, not trading results.
@blaineprateryourrealtor75174 жыл бұрын
wym
@123-f6j8h3 жыл бұрын
Spot on!! He owns a brokerage Tastyworks.
@johalsp2 ай бұрын
The person in charge of the sound should take a minute to think about life choices.
@stanstarygin66223 жыл бұрын
How much worse would the original mic have done?
@torowazup12 жыл бұрын
Get new micro 🎤 phone
@Tweetogreggieb59 Жыл бұрын
Two thumbs down 👎🏻👎🏻, content sounds convincing to the untrained ear but holds no merit. The stockmarket doesn't operate on any of this information because the stockmarket is controlled by individuals and data points are just explanations of past & present actions of said individuals. Like Tom the speaker said and should have taken heed, the stockmarket doesn't care what you think you know. 😎
@Dragon-ul8fv Жыл бұрын
What in the absolute fuck is this? How does this happen in this day and age where a man goes on stage with a faulty microphone. Unfucking forgivable.
@Doc_Ozzo3 жыл бұрын
Terrible trader, but entertaining none the less
@junal272 жыл бұрын
What would you change or suggest out of his trades?
@Doc_Ozzo2 жыл бұрын
@@junal27 I've watched their daily videos a few years ago. From what I remember they over trade. In essence things with high implied volatility they will trade....sometimes products have high implied volatility for a reason.
@junal272 жыл бұрын
@@Doc_Ozzo isn’t that the essence of trading premium as a writer? Trading volatility and reducing delta exposure is part of the game, if you master it you make a good money
@Doc_Ozzo2 жыл бұрын
@@junal27 So, I have been trading and investing consistently for 7 years. I find what is most helpful is to construct the appropriate market narrative. You can use market profile, technicals etc to help you build your narrative. You then trade around this narrative in products you are comfortable with. For me that's QQQ/SPY/TLT and a handful of others (I like the MWF expiration on QQQ/SPY. Selling puts/calls because of high implied volatility alone is not the best approach.
@Doc_Ozzo2 жыл бұрын
Shadow Trader is a good example of building the appropriate market narrative, I don't copy his trades as I do my own thing. But check out his videos, fairly solid.
@cosmogamer99142 жыл бұрын
whats with the goofy hat he always wears
@cluggyahoo2 жыл бұрын
😂😂😂😂 I've always wondered as well
@UCJqJMDtQ-zcbIHAhEdKE-8w Жыл бұрын
He's exercising his option
@jackbarhillel10652 жыл бұрын
RECAP (for the vast majority of you for whom it won't make sense, seek options education. You won't find it in social networks, just a hint). 1. Understand how derivatives strategies work 2. Understand the futures business. "For it drives the securities business". Most amount of leverage, most amount of liquidity. 3. Pairs trading. Understanding the correlation between correlated underlyings (unaudible!). How correlation works, how price divergence works. 4. Trading volatility as a mean reverting value. There is no such thing as mean reversion with respect to price - it is completely subjective. Whence volatility is truly mean reverting : there's a math model behind it. With price, it's just subjective. Understanding that, and looking for opportunities that way, "is kinda neat". 4. Yield curve. Being able to articulate interest rates and the yield curve. Very important :once you get to a certain level, everybody cares about interest rates, and yet very few people can understand them. A young person that can explain widening and tightening of interrest rates and how that yield curve works, "is very impressive". 5. Val orb. The essence behind the entire professional world of finance. Understanding volatility, knowing how it works, and its expected move, and how correlation plays a role with respect to premium and volatility is a special skill, and very few kids have it. 6. Hedging. Knowing that individual stocks, individual underlying, are very difficult to hedge, and probably not worth it. Because the expected move is greater than the realized move, you have to pay the price of that expected move, which means it doesn't work (or it's not worth it). Hedging is a portfolio of things. Understanding essentially that volatility is a measure of fear, is a measure of expected move. As soon as you learn how to take advantage of volatilty, because you understand what it really is - "fascinating stuff". 7. Digital strategies; get what it is. Being able to undertand blockchain, various currencies, just to make you well rounded, informed, (...). 8. Selling premium. It is critical to understand how it works, the logic and the math behind it, because it is the one way to take advantage of outsized volatility. 9. Lastly, basis improvement. The key to long term, scalable, repeatable success.
@twopintsofmilk2 жыл бұрын
You're a star :)
@moneybags68402 жыл бұрын
Ever heard of time stamps?
@劉祈洺2 жыл бұрын
@@moneybags6840 ever heard of do-it-by-yourself ?
@pewdiepiefan63762 жыл бұрын
@@moneybags6840 Ever heard of gratitude and the word Thank You. Learn and practice them more often. They’ll make you a better person and even a better trader.
@firedoody Жыл бұрын
Thank you.
@TheIngPin6 жыл бұрын
"Volatility is essentially a measure of opportunity, its just a fear gauge"
@boris3546 жыл бұрын
This info sounds so valuable that every sound cut drops it catastrophically.
@melvipais3 жыл бұрын
🤣
@bobangry76053 жыл бұрын
,😂😂 so true
@mikelong96388 ай бұрын
Tom is playing chess while the rest of us are playing checkers.
@paulojustinianookubo2 жыл бұрын
This is what I needed today. I sell premium in high volatility all the time. I love trading vertical spreads and time to time calendar spreads.
@VigneshDhakshinamoorthy6 жыл бұрын
What did he say exactly at around 13:28? Walarp...vol arp, something related to volatility but I cant figure out.
@Misterwaikiki6 жыл бұрын
"Vol Arb" I think. Volatility Arbitrage www.investopedia.com/terms/v/volatility-arbitrage.asp
@danielpelaez85936 жыл бұрын
yep ^
@ncsparrow695 жыл бұрын
Vol. arb = "volatility arbitrage"... Hope that helps!
@DanielCunninghamTeaches5 жыл бұрын
Volatility arbitrage
@DanielCunninghamTeaches5 жыл бұрын
Aka vol rip
@RoamFree1866 Жыл бұрын
Such a masterclass condensed in such a short time! So sad the sound issues made it sometimes difficult to understand.
@MagnetWatch-3 жыл бұрын
Me listening to this and thinking about all the great opportunities in stock market during the pandemic and also the slow recoming to normal life where there are more jobs than people can have
@billestep68046 ай бұрын
Go ahead sell puts on futures. The first crash next year or 2 years from now you’ll blow up your account and owe the broker money. You’ll get margin called long before put goes itm from iv expansion. Very dangerous to do this. Ask Karen the super trader about blowing up account without your puts even close to the money.
@polok8907 ай бұрын
Buy and forget it outperforms all market experts
@janetward87424 жыл бұрын
the lanyard keeps hitting the mic... he should have taken iff the lanyard to make sound better
@SpaceExplorer6 жыл бұрын
Clutch sound guy. Sound gets fixed around 3:00 so hang in there
@2011blueman5 жыл бұрын
Sound gets fixed for a few minutes, but cuts out and is shitty elsewhere in video.
@charlesbrenneman31522 жыл бұрын
Damn he was soooo right!
@MunachiNwaeme7 ай бұрын
I HATE THIS
@kariahlukemacchan22306 жыл бұрын
Love Tom and his crew. He's loaded with knowledge and shares it for all
@ronsexton36854 жыл бұрын
Darn that microphone!
@KK-pm7ud6 жыл бұрын
Hi Money Show or Tom. Can you please list the Top 10 that Tom listed? I watched the whole video but the audio cut in and out when he was listing them. Thanks!
@shannonwinston39483 жыл бұрын
The robust shorts seasonally pedal because rose presumably smoke below a quack stock. questionable, lackadaisical tie
@biturbine2 жыл бұрын
VERY CRAPPY AUDIO TASTYTRADE
@groundedinfirstprinciples3835 жыл бұрын
Thanks for posting the lecture. Great flow. Shoot the sound guy.
@the2ndgem5 жыл бұрын
No, instead of shooting the sound guy, sever his testicles and THEN shoot him. Was a crime to ruin the sound like that
@szaki5 жыл бұрын
Why he's wearing hat all the time?
@silverechohawk53155 жыл бұрын
Why do you care?
@szaki5 жыл бұрын
@@silverechohawk5315 Weird, he has long hair! I don't think he's balled?
@dumbass37704 жыл бұрын
He's trying to teach you how to make money and your concerned about his use of a hat.
@adas195810244 жыл бұрын
That's his signature ... He is a famous and successful option trader
@bdu10134 жыл бұрын
As always, great info Tom! I think I may be ready to Taste the Trade!
@123-f6j8h3 жыл бұрын
Don't you'll lose your money!!!
@johntruong76466 жыл бұрын
39 minutes talking not even 1 chart? wth
@the2ndgem5 жыл бұрын
You are pathetic, you can't see the value here. INCREDIBLE value here.
@windycitybeats67243 жыл бұрын
😆
@mrpinkpony4 жыл бұрын
All of this only works on the subset of corporations that increase quarterly profits. Once consumer spending slows down, once corporations go out of business, trading is irrelevant. This guy runs a brokerage firm and his main job is to get people on his platform to trade options, where he makes commission. Good luck trading in a market where your competitors are computers and quants.
@rchill45564 жыл бұрын
Lol
@vinnyvidivici59304 жыл бұрын
is it your opinion that it is impossible for a retail trader to be profitable long-term?
@JC_inc3 жыл бұрын
@Ian Anderson You’re correct. Long term is the way to go, or a a swing trader isn’t that bad.
@nobakwaas51615 жыл бұрын
this guy is an intellectual and rich but looks like a truck driver.