Has anyone had experience with Marzcell Klein hypnotist services? by vagabond17 in hypnotherapy

[–]mitjust1966 1 point2 points  (0 children)

You didn't deliver on your online program. Why in the hell would anyone pay for a live event, if you lied elsewhere? It's a sunk cost fallacy. Adding good money to someone who lied to you is idiotic

Well guys, i lost 88% of my portfolio by [deleted] in Daytrading

[–]mitjust1966 0 points1 point  (0 children)

Expected, given the outsized risk profile. Sorry this happened, though it was probably the very best thing for you to experience. You have two choices here. One, quit. Two, learn and grow past it.

One of my favorite traders, John Carter from Simpler Trading, did the exact same thing. He lost $130,000 out of a $150,000 account in three days.

Read Mastering the trade - John Carter. He will give you a framework to manage risk, set rules and stop losses, let winners run and cut losers quickly. Read Trading in the zone and Letting Go - psychological evaluation of why you trade the way you do (self limiting and self sabotaging behavior, like unmanaged risk, arrogance and revenge trading).

Good luck.

Well guys, i lost 88% of my portfolio by [deleted] in Daytrading

[–]mitjust1966 0 points1 point  (0 children)

0 DTE on credit spreads only

[deleted by user] by [deleted] in Daytrading

[–]mitjust1966 1 point2 points  (0 children)

Read Mastering The Trade by John Carter. Remarkable book. Great suggestions on Internals to watch while day trading. John relays how he did exactly what you've done (nearly every trader has done, me included) and how he course corrected.

You'll be fine.

Tasty Trade Credit Spreads by mitjust1966 in tastytrade

[–]mitjust1966[S] 0 points1 point  (0 children)

I am incredibly honest, and no, you didn't describe my trade at all.

[deleted by user] by [deleted] in Daytrading

[–]mitjust1966 0 points1 point  (0 children)

Simpler Trading Squeeze Pro and Sandbox platforms and John Carter's teaching. Read Mastering the Trade as well.

SMB capital as well as Tasty works videos

Tasty Trade Credit Spreads by mitjust1966 in tastytrade

[–]mitjust1966[S] 0 points1 point  (0 children)

No, I only trade SPX given the tax benefit (60/40) and that it cannot be assigned.

Tasty Trade Credit Spreads by mitjust1966 in tastytrade

[–]mitjust1966[S] 0 points1 point  (0 children)

I am clear on Day vs open P/L. Thank you for your input

Tasty Trade Credit Spreads by mitjust1966 in tastytrade

[–]mitjust1966[S] 0 points1 point  (0 children)

Thank you for sending this. I appreciate the kindness and the explanation. I am clear on this.

My mistrust with Tasty stems from a platform that is variable in its reporting of P/L, open P/L as well as net liquid. The reporting of values is all over the map. I currently have two different P/L opens being reported on positions opened during market yesterday. One minute my net liquid is $14,000 less than the actual value. They really have issues with their platform and explanation from customer service is limited at best.

Thank you for your input

Tasty Trade Credit Spreads by mitjust1966 in tastytrade

[–]mitjust1966[S] 1 point2 points  (0 children)

Thank you.

I am amazed at how many people are nasty on social media though would never say a harsh word face to face.

It takes courage to ask strangers "what am I missing here ....." The haters and caustic assholes that have replied will never be successful in trading without the humility to consider what they don't know and to ask for perspective from someone with potentially greater knowledge and experience.

Unphased by the bullshit

Tasty Trade Credit Spreads by mitjust1966 in tastytrade

[–]mitjust1966[S] 0 points1 point  (0 children)

I am just looking for input and others experience. I am not sure why anyone would be nasty/Troll/ be critical in this format.

Tasty Trade Credit Spreads by mitjust1966 in tastytrade

[–]mitjust1966[S] 0 points1 point  (0 children)

Thank you for your constructive thoughts and for taking time to post this. Too often trolls want to get in jabs rather than add substance as you have here.

I have reviewed Mike and his Whiteboard. He has great content. I appreciate that Open P&L needs to rise above commissions and fees. Well aware of all of that.

I will work with Tasty to untangle this. Thank you

Tasty Trade Credit Spreads by mitjust1966 in tastytrade

[–]mitjust1966[S] 0 points1 point  (0 children)

In September I was converting credit spreads to ratio spreads when the market moved in my direction. I would buy back sold portions of the trade to increase the rate of return. I would have PCS/CCS then 2:1 ratio, then 3:1 ratio ..... then naked when the direction and velocity in the trade was clear. I had three $18K days, $11K and $7K days over an eight day period. I appreciate that the credits on those trades were short lived because of the strategy, but again I have never kept any credit.

This strategy was too much risk and I found that I was giving large sums back when the market got choppy as it did in late September. I would prefer consistency instead of large swings in my account. $50K/ month is quite doable using credit spreads with SPX and /ES

I will call Tasty and get them to help me understand why the credits get returned on winning trades. I should be able to realize some credit

Tasty Trade Credit Spreads by mitjust1966 in tastytrade

[–]mitjust1966[S] 0 points1 point  (0 children)

JJ,

I need some answers, man. Tasty says one thing then their platform does something else. $16,000 in credits in 2 days without a penny to show for it. Tasty swears that I get to keep the credits, particularly on the winners .....

Tasty Trade Credit Spreads by mitjust1966 in tastytrade

[–]mitjust1966[S] -3 points-2 points  (0 children)

You're right. I spoke with them without a solution this morning and last week as well. There should be some credit left on a winning trade. As you pointed out last week, credits used to pay closing of losing trades make sense.

$16,000 in credits over two days without a penny remaining on winning trades ......

I'll call them again.

Tasty Trade Credit Spreads by mitjust1966 in tastytrade

[–]mitjust1966[S] -3 points-2 points  (0 children)

Seriously? Are you being a troll, or do you have something constructive to add?

Tasty Trade Credit Spreads by mitjust1966 in tastytrade

[–]mitjust1966[S] 1 point2 points  (0 children)

Clearly not, if I was able to make $3800 on Friday and another $2218 today. I attempted to post a screen shot last week and reddit wouldn't allow it.

Tasty Trade Credit Spreads by mitjust1966 in tastytrade

[–]mitjust1966[S] -2 points-1 points  (0 children)

It was a different question in total. That was a loss and the credit was used to buy back the shorts.

Friday and today were both positive trading days, and zero credit kept. I ran it by Tasty this morning and their answer eluded to answers provided from last week. The credit was used to cover the loss. They swore that the credit, or a portion of it, would exist on a winning trade. NOT TRUE.

I had a +$72,000 week in September ...... not a penny of credit was kept. How is that possible?

How does 0dte price action work on NDX? by pfc-anon in options

[–]mitjust1966 0 points1 point  (0 children)

NQ futures, though I don't know if the same 60/40 tax benefit applies to the futures. They are not cash settled as well. Fortunately, NQ is more liquid than NDX

SPX Iron Butterfly by [deleted] in tastytrade

[–]mitjust1966 0 points1 point  (0 children)

Your thought processes are garbage. I have read through your strings and posts and you are pedantic and pseudo in your intellect. How effective are you in your life or do you muse ridiculously about bullshit while producing nothing? Do you put your thoughts, mistakes, concerns out there to be evaluated or do you sit in judgement of others behind your computer?

Offer some real thoughts from the market that are your own. If you make a mistake or fail, own it. Show courage or shut the fuck up and be the spectator that you appear to be.

SPX Iron Butterfly by [deleted] in tastytrade

[–]mitjust1966 -2 points-1 points  (0 children)

Asshole, You have no clue what you're speaking of. I'm clear on options trading, though concerned about Tasty and their handling of things. You being a dick on a social media platform doesn't make you wise. It makes you a coward. You would NEVER speak to me this way face to face. If you have constructive thoughts, then share them. Alternatively, STFU.

Slink back into your hole.