Philosophy and Style

The author has found success in adopting these fundamental principles.

• Focus on the strategy of the trades, not on individual price moves. Predicting price moves is a 50-50 proposition at best. We seek better odds of profit. We play the house!
• We structure our positions to a probability of profit (POP) range of 60 to 70 per cent.
• We manage our positions to maintain profit targets.
• Lock in profits early and actively roll options to improve risk reward.
• Most of our profits come from positions that capitalize on options premium reductions and time (theta) decay.
• Manage an appropriate balance of defined to undefined risk trades commensurate to the account size and account holder's risk tolerance.
• We are opportunity "hawks" that seek to exploit financial distortions and imbalances.
• Never double down. Capital preservation is our number one priority.
• We respect what the markets tell us, not the pundits or "experts" say.
• We don't care about valuations.  We are traders, not investors. We seek to project supply demand imbalances and establish our positions accordingly.
• We sell OTM options with get an extrinsic benefit and we watch our gamma very closely.

Keys for success? 

• Discipline, patience and an acquired comfort level with variability and uncertainty  (not easy).
• Learn from your drawdowns and setbacks. You are only as good as you can manage your setbacks and don't repeat them. No one escapse setbacks.
• Stay engaged. Practice make perfect.

Systematic and sustained profit generation is more a testament to your successful decision making capabilities than of your financial acumen. 

Take control of your financial destiny!

The founder is seeking individuals that share the philosophy and would like to participate in weekly strategy sessions, feel free to contact me and I will have you registered.

 We have also structured a training program that combines theory, probabilities and practice as a roadmap to achieving professional trader status.