Lazlo

Congratulations @krisbee and @rasar! I have wondered several times why you both are not mentors yet! Thank you for your service - I will gladly continue learning from you!

@Noah Katz @mimbe I agree with you both. That's a good suggestion.

I'm surprised TLT had 90% success because it certainly didn't feel like that for some periods. I guess upcoming TLT loss will be counted for 2019? I checked my track record for TLT and had similar results with 15% average gain. Unfortunately, I had trouble with position sizing in the beginning phase - so I will be in the reds after closing Jan 18 trade. --- Definitely insightful, thank you @Yowster for sharing.

is it consider naked if its cash secured? seems like I can't read

@bycfly The reason option sellers make money over an extended period of time is that implied volatility exceeds historical volatility. Means the markets anticipate a higher move than it will actually occur. This alone - but not only - gives option sellers an edge in the market. I'd recommend you watch the video 'What's Our "Edge" Trading Options?' from optionalpha. At around minute 30, he shows the comparison between implied and historical volatility. Watch the complete video for a complete picture.

The stock ticker is shown for me on TastyWorks without any workaround. On the other, I cannot open the IB for a credit (error message: Order price is invalid for this trade). Had someone similar experiences?

As a follow-up question, are their best practices on how to use the scanner? I searched all day long but could not find anything related to it. Kim seems to use optionslam to find candidates (might have changed?). Ideally, I want to only use volatilityhq for my SO routine. Is there someone how only uses the volatilityhq scanner to identify candidates?

Great feature!

So far I'm really satisfied with them. Their platform tastyworks is lacking some features, like complex order and advanced charting. I asked them about paper trading; they told me sometimes this year it's coming.

Hi everybody, I searched for a similar thread but couldn't find anything close to my question. I want to ask a rather personal question and therefore hesitated to do so. If this is not adequate just let me now. How much of your entire capital do you invest in different strategies? And with different strategies I mean preserving your capital, steadily increasing it or increasing it dramatically, like Anchor-Strategy, Steady Condors, and Steady Options. I would also count investing in businesses and real estate as a valid approach. Personally, I would not only say it is a valid approach to invest in multiple assets but almost a necessity. But what about you? For example, do you allocate 10% for Steady Options and 25% for Steady Condors and 50% for Anchor Strategy? Do you own real estate? Do you plan on doing so? I know, I already can hear "you have to answer this question for yourself" and "depends on your risk tolerance". But I want to know your opinion and experience on how you would approach investing, now that you know what it takes. What would YOU do if you started from 0 again? I'm not interested in answers like I could imagine doing this and that. I would expect something along the lines. First I would start saving x amount of money while I learn the Y-Strategy with paper trading. After z time I would then use x amount of money in A-Strategy until I reach point S (some amount of money). At this point, I would still do Y-Strategy but also get my hands on Strategy Z, which promises higher returns. And so on. I'm aware that this is a question not particularly related to SO but I value your opinions and at least to me a plan for investing is the absolute most important aspect. It's like having an exit strategy for your trades before you open them, just the other way around. Why do I want to know your experiences? Because I seek a rough guidance on approaching investing. I would like to compare each other approaches. I think this topic is a significant aspect of investing and therefore for trading. It's equally important for beginners as it is for experienced investors and traders.