This was great to watch. Thank you Tony Rihan for your insights. Way to leave a mark.
@flickeringimageworks21773 жыл бұрын
This is GOLD - specially the explanation about money!!!!
@popcur11 жыл бұрын
Tony was a great guest. Very entertaining and giving wisdom.
@TemoteControl8 жыл бұрын
Tony's last remarks are 100%.. Been trading for years. Break even at best... 4 weeks watching TT - up over 15%. Seeing tom in NYC next Saturday. This will be my business one day soon.
@ricomajestic5 жыл бұрын
He's flat broke and is living under a bridge!
@EugeneHaroldKrab4 жыл бұрын
lmao update?
@musama87714 жыл бұрын
@@RSTrader after 1 year I'm up 10%
@abedrahat38982 жыл бұрын
Any update? How is trading going for you?
@tastyliveshow11 жыл бұрын
Thanks for watching! Tom speaks all over the US, haven't sent him overseas yet! He hates being away from the live show in Chicago. Thanks again and we love the support!
@averagejoey20004 жыл бұрын
now he's in India
@marshalls73402 жыл бұрын
Wow that was awesome! Eight years ago...man I wished I was involved with tasty back then. Only found them a month ago and spend at least 3 hrs a day on average soaking up all the info. Thanks guys. My first trade was a high probability winner and plan okeeping my foot on the gas with this one.
@Praneeth_- Жыл бұрын
How are you doing so far?
@tonynunez6539 Жыл бұрын
I love how Tom keeps the conversation on topic and on giving us golden nuggets of information. Thank you so much.
@georgewyatt29242 жыл бұрын
This video was many years ago, but never gets old. Thank you.
@alphabeta84033 жыл бұрын
You’re here for 10:02
@chewie13555 жыл бұрын
This Video got me interested in learning options
@Gregoz9873 жыл бұрын
Good no great. Really needed to hear the message especially since I'm red 34٪ from my 70k nut. Really appreciate this
@prashunpcchakraborty703 жыл бұрын
Great stuff especially about his VIX, learned a lot.
@alpal26 Жыл бұрын
Hey is there an algorithm you guys have come up with that states: 45 dte resale at day 21.. then repeat. I get that but what is the typical return on something like that in a year at a specific delta? I’m having a hard time seeing the end. Just what is right in front of me.
@marcelinegoldstein481211 жыл бұрын
What is his full name and books. I'm trying to learn as much as possible in these techniques and strategies so I can apply ASAP. Starting from scratch so any help for education is appreciated. Huge tasty fan.
@50tigres795 жыл бұрын
I visited downtown Chicago 3 years ago but I didn't trade at that time otherwise I would have done anything to meet Tom and Tony.
@CS-ww3bs3 жыл бұрын
I love how Tom can't take the compliments and BAT can't help himself from breaking balls
@loan882511 жыл бұрын
Great video guys! greetings from monterrey,mexico and congratulations tony you have a great mindset
@califcamper2 ай бұрын
Love these, Tony is right, its because of fear, but its more, most people just dont have money. And if you do have money you have worked so hard to make the money, he is right again, you dont want to lose it. Sadly, your average person never gets close to this stuff...
@jfinca Жыл бұрын
Good principles, but what is his strategy?
@abedrahat38982 жыл бұрын
Can someone tell me what's his full name? What book he has written?
@steverosas15538 ай бұрын
Tony Rihan. Book: "How I learned to trade like Tom Sosnoff and Tony Battista: Book Two. Advanced Strategies and Insights"
@thanhle34804 жыл бұрын
what underlying does this guy trade on to do a consistent 30 trades per day? This is pure inspiration of hard work, persistence, and consistency. :)
@nickb8006 Жыл бұрын
Haven't watched Tom and Tony for a while.Definitely since the IG deal which i remember.They're such great personalities and Tom's definitely a great businessman.Not sure about Tony just cuz i know Tom sold 2 businesses at least.I can guess his worst trade though and it wasn't Gamestop or anything.He had the founder of Ethereum in the studio years ago, when they did Bootstrapping, and i'm not sure if he was ever offered a deal there as i know he does some private VC investing but if he was.... Great to find your individual investing style which suits and works for you.I feel like i might have finally found mine.
@MrAgatto210 жыл бұрын
What books did Tony write?
@junilein18 жыл бұрын
+Tony Gatto How I learned to trade like Tom Sosnoff and Tony Battista: Advanced Strategies and Insights  by tony rihan
@ShihabPersonalFinance5 жыл бұрын
tony batistaaaaaaaaaa - I think I am done with iron condors, i hate that there is a defined period, either win or lose come expiry date, but when you own stock and write covered calls, come expiry date, your investment still exists, it's not all or nothing
@sovietsandvich84434 жыл бұрын
Shihab's Blog try diagonal spreads then. You can roll your short option a few times if you have to.
@ShihabPersonalFinance4 жыл бұрын
@@sovietsandvich8443 ya I heard they are the best option strategy because the trade hits a profit zone before it becomes a loser, but I am not eligible yet
@TheSjh1967 жыл бұрын
love your shows keep up the great work
@holysmokes67094 жыл бұрын
Wish my dad just handed me 100 shares.
@neopc1411 жыл бұрын
I would love to go for Tom's lesson if he comes to Singapore!
@NothingMaster8 жыл бұрын
Okay, all fine and well, but the key question is: How many people have access to enough expendable capital to lose "a lot of money" and keep going till they eventually make it? That's the catch, there is a steep learning curve, huge expenditure of focused time, and the risk of potential financial disaster at stake before a formerly uninitiated individual could eventually reinvent him-/herself into a successful trader.
@tabuma8 жыл бұрын
NothingMaster use a paper account for a while.
@NothingMaster8 жыл бұрын
tabuma f How is your remark even relevant to my observations?! First of all, I've been an active trader for the past 30 years, I don't need a paper account. Secondly, anyone worth his salt knows that paper account trading is nothing like trading with real money at risk; two completely different can of worms. Thirdly, how is paper trading going to solve the average Joe's lack of access to large sums of money required for a steep learning curve?
@tabuma7 жыл бұрын
NothingMaster strange, it was a reply to another comment. don't know how it ended up replying to you. don't take KZbin glitches personally.
@Rmacon40026 жыл бұрын
The beauty is that tastey trade having all of this information out there for us to learn cuts into that learning curve substantially. Paper trade a couple of months to understand snd get proof of concept then start out running. With this method you shouldnt have to lose ALOT of money if you apply it properly.
@chicago94583 жыл бұрын
Luv these guys. They are creating monsters that can eat into the big brothers of the street
@Gia_Java6 жыл бұрын
Awesome and humble man!
@gavnonadoroge30922 жыл бұрын
so 9 years later, where is that guy now?
@lslurpeek Жыл бұрын
He was JUST on tastylive last week
@scrappydoo92 жыл бұрын
Managing your winners, for sure!
@brainkill70343 жыл бұрын
Great interview!
@crshieh3 жыл бұрын
100 shares of Google? NOOOOO. 100 shares of BRK-A
@MTtroutfisher4066 ай бұрын
Anyone here in 2024? Rihan’s books are pricey, anyone buy and read his books? Worth it?
@LeverDF5 жыл бұрын
Nice!
@gouravsathe71432 жыл бұрын
Excellent
@wwt178 жыл бұрын
40,000 hours in 7 years? That's a bit more than 15 hours a day, 365 days a year. Hard to believe...
@N0body2477 жыл бұрын
Umm No Not when your honing your craft... I spend 10-15 hours a day on weekends planning my trades for the following week.. I would say hes not far off on that number. Even if it was 30k hours the more time you spend in your craft the better you become.
@wwt177 жыл бұрын
If he's got all the other things going on in life, like we all do, 15 hours a day for 7 years devoted to one thing is nigh impossible. Plus. People tend to overstate, it's a subconscious thing. We all do it. And why do you need to plan 15 hours a day on weekends to plan trades for the coming week? Seems a bit overkill. Opportunities that you can't plan for will arrive. Hey, I'm small time, I only make 5~10 trades a day (still probably more than most ppl out there aside from tastytraders) using the tt trade mechanics and that's it. No thinking, no guessing; here's the set up, here's the POP, P50, theta, DTE, IVR, get in, a glance every day let's me know what adjustments, if any, I need to make, and get out. Simple. You must be doing something very different than I am. Cheers
@N0body2477 жыл бұрын
3000+ Optionable stocks, 30+ ways to trade, unless your keeping your list small and your only trading a few ways.. Ok i could see what you mean. To each their own.. I like finding options that not many are talking about and Boom. 200 here 300 there..bank account is moving in a positive direction nice and fast. i spent about 6 hours sunday planning trades for today.. I placed 30 butterflies and 4 IC's and now I am setting up for tomorrow's earning calls.. There are 20 companies that have earnings AFTER market and 17 BEFORE the market the following day.. So i have 37 Companies that i will probably put trades on tomorrow,.. so Im planning to see what strategy i want to use on each TONIGHT.. so tomorrow i can place them. i spend 8 hours listening to tasty trade (yes i listen to the whole show), 4-6 hours a night Researching different trades for different stocks..so the next day i can trade. And i still have a full time job and a personal life.. You are better than the ones who watch and do nothing.. However i think if you can do 5 then why not 50.. Dont give me the no capital bs, plenty of trades to put on with 1-2 dollar debits. if you do 50 of them it only costs 50-100 dollars of your capital. you just have to STRETCH yourself. Cheers. :)
@wwt177 жыл бұрын
Well, them there's A LOT of trades! You are certainly getting more out of the law of averages than I am! Still, I could do 50 trades, but I'm not that much into defined risk trades, so actually 50 on the likes of NFLX, CMG, AMZN, yaddah, yaddah, would be a stoooopid thing to do on my part - capital allocation and all. Good luck out there and trade well! Cheers
@N0body2477 жыл бұрын
I dont do Defined risk on every trade.. each trade has a unique strategy based on whats going on with the underlying. However yesterday's picks were not moving much.. Today it seems they are way more active.. I closed a few positions Cuda I closed which was just a put.. I closed it today for a 500 winner.. 2 day hold. However i do alot of butterflies because they are cheap.. and they increase my odds.. and take no more time from me if I cant pick a directional. Again 30+ ways to trade options in an underlying. You may not like defined risks all that much.. but by using defined risk i can double or triple my number of occurrences as well as Non defined risk trades.. If you think about it EVERYTHING you do is a defined risk trade.. You need to DEFINE the risk and see whether its worth it. Then if its not you can add more positions or take the off until your happy with that trade.. Your still defining the risk.. its just Defined risk against your account directly instead of to itself. Cheers
@johnpalma72658 жыл бұрын
Does the guest have a last name?
@UdaalPorga7 жыл бұрын
Tony Rihan
@57Carlibra7 жыл бұрын
Titles of his books?
@trihan111 жыл бұрын
Love it !
@IanBuell11 жыл бұрын
Who was the guest in this video? He mentioned he wrote a book...
@cameronvincent2 жыл бұрын
Let’s goooooooooo
@superfastremedies51733 жыл бұрын
G*
@AnthonyGargini2 жыл бұрын
Different Tony :(
@3X0SK3L3TON Жыл бұрын
One thing I learned from this video is that I am a cheapskate. damn
@rsc985848 жыл бұрын
They spend the whole damn 25 minutes talking generalities!!! What a waste of time!!! How about......what strategy(s) does he use? What specifically did he do? Selling puts? Selling calls? Vertical credit spreads? ???????? What and how, specifically, did he do to get the 25% return? A total waste of time!
@N0body2477 жыл бұрын
LOL no.. its not a total waste of time.. Each strategy is used for different type of market /underlying. there is no 1 size fits all trade. So he probably used EVERY strategy available to an options trader.
@BajaPete7 жыл бұрын
Yes I agree this video is a complete waste of time. Not a single strategy was discussed except for his selling naked options.
@N0body2477 жыл бұрын
Lol you guys must not be listening to the same interview i am.. He traded small, He managed winners, and traded often (7000) trades. He uses vix as an aggressive indicator. Strategy does not matter when you are mechanical with your trades. Why are guys worried about strategy? There are only 3 ways a market can go up down or sideways. There are over 30 different ways to trade. if you use EVERY strategy using them in the proper environments and you manage your winners you can make 25 percent.
@Tape_Reader4 жыл бұрын
You have to put in the time. There is no shortcut to this. Learn from their Educational material - it free!
@carebear19497 жыл бұрын
schmoozing. ..
@nicholasc17687 жыл бұрын
is he really bragging about his 25% yearly return? lol the hosts of this show probably make like 4% a year if they think this is good enough to put him in the show. no wonder they don't release their p&l.
@krpcannon1236 жыл бұрын
You do realize Sosnoff sold thinkorswim for several hundreds of millions USD, right?
@2011blueman6 жыл бұрын
25% annualized returns over a long period of time would be an extreme outlier (we're talking early Buffett level returns).
@ChaceBonanno5 жыл бұрын
lol what do you day trade penny stocks and forex? Obviously you can take retarded risk and outperform inconsistently.
@sovietsandvich84433 жыл бұрын
25% consistently will make you rich very quickly. Plenty of people they have on make more than that, but 25% is still great
@theobald1234 жыл бұрын
If you wanna go broke, listen to these guys.
@ChaceBonanno4 жыл бұрын
What makes you say that?
@musama87714 жыл бұрын
Listen to what they say about sizing and you won't go broke
@theobald1234 жыл бұрын
@@musama8771 at this point will all this volatility, u can bet everyone who used Tasty stretegy has lost, regarless of size. These guys have a show so they can make money off you. If their stretegy works, they wouldnt bother
@joseperezq4 жыл бұрын
@@theobald123 sosnoff is already millionaire, volatility is only bad went you don't know how to manage risk
@shussing3 жыл бұрын
I'm very profitable by following their strategies
@jefffairchild561110 жыл бұрын
25% per year? I make 25% per month
@danbuffington7510 жыл бұрын
depends on how much you have to move... At 25% per month, i would say that you aren't trading a very large position.
@duypham74118 жыл бұрын
+Jeff Fairchild If you make that much , I bet you are a billionaire in just less than 5 years since you can double your money every 72/25 =2.88 months . But I bet you are just poor trash who said one of the stupidest thing that I have ever heard.
@jonkong8 жыл бұрын
with play money!
@nicholasc17687 жыл бұрын
Duy Pham lol jealous
@2011blueman6 жыл бұрын
@The Ready Bready He's clearly trolling.
@TheInvisibleOne10267 жыл бұрын
Fact is this, trading good for one year isn't shit. Show me positive market beating returns year after year after year, then I'll listen. Also yeah 40% annual and not a lot of risk,,,,pleaseeeeee, what a bunch of horseshit.