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Showing results for tags 'tom sosnoff'.
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Tom Sossnoff a business man in the trading space has now created his own brokerage firm. Ugh! He seems to make money in creating businesses with in the trading space as he has been on the wrong side of the market as a trader for the past 6 years. It seems he wants all commissions instead of a portion hence his relationship with TD Ameritrade. Thoughts?
I thought you might find this interesting. TastyTrade previously did not like Calendars and swayed viewers against it, as seen in their older videos. At the beginning he states how very much against it he is (you can skip the rest past the first minute): https://www.youtube.com/watch?v=Ywu1AueH2b8 In this video he spends the whole video attacking Calendars in general: https://www.youtube.com/watch?v=NgSbfGXdDx4 But, their newer video is showing they are surprised how Calendars work as of Feb 2014: https://www.youtube.com/watch?v=NWR0pWmhlYo In this last video they claim Calendars 1 Strike OTM had a crazy high success rate of 68.97%. Whereas before they say they studied and said it was never worth it. Do you have any thoughts on this, especially the last video, where he shows the backtesting stats making Calendars look amazing, but only for 1 Strike OTM, at minute 2: https://youtu.be/NWR0pWmhlYo?t=2m19s Given their service is about Options, I'm surprised that they are surprised and previously hated Calendars, and I'm surprised by the results myself.