An Introduction to My Current Trading Style
Hello Steemians,
I know I've posted that I trade on at least 
NOTE 1: Nothing I say here is investment advice. You could loose a lot of money following anyone.
NOTE 2: Go learn from tastytrade(the AV feed)and tastyworks(the trading platform). This is where I study and trade when I can.
NOTE 3: Starting with Step Up To Options is great even if it is the older UI.
NOTE 4: I don't make any money from them, they make a small amount on my commissions. You should see how small.
NOTE 5: I'll answer questions about my style and how I evaluate things, but it still isn't advice to you in buying or selling. :)
How I Learn
So of all the things one looks for in trading, several items are the same in all markets. I'll look at writing up this list a larger article later. (Or watch 10 Reasons to be a tastytrader in reverse order.)
- Liquidity: there needs to be a whole lot of trading going on.
- Trade Small, Trade Often. You want to trade so many times that you approximate your model's percent chance of winning. (Experiment: Roll a d8 or get a DND buddy to do it for you, once, 10 times and 100 times and mark down how many 1's you roll in each batch. The bigger the batch the closer to your win/loss model you'll get). If you risking
- Probabilities Never Lie: you just need a large enough sample set and it'll work out.
The above list are ones that could apply to crypto as well as options. For the full list of items and to see how more of them could apply to the crypto space, go watch all the videos (10 on that list).
Currently, I'm mostly only trading options on the indexes like S&P500 (in ticker SPY), Russell 2000 mid-cap (IWM), Nasdaq (QQQ), with an occasional single-stock option trade.
How I Add Value
Everyone should have some bit of assumption in the markets. While I think the current US President is nominally better than the last. I think the party change is better than not. This gives me a bullish bias. I'm pretty sure we've seen a large amount of it already go.
As interest rates rise, I think more international money will come into the US market. (Another US Bullish point)
How Now...
Given I think we're in a bull market and knowing out to earn money in options just by waiting, I buy the dips. I buy them with a short put spread or short put vertical.
I only want to make 1/2 of the Max Profit and then redeploy my capital ASAP, that's rolling the dice again.
What's it got me?
I'm up only 21.4% YTD with having taken most of August off trading.
When I can find good liquidity in trading on the cryptos I'll consider it for more of trading, until then it is where I invest long-term and am looking for the post ICO "crash" to get in and the take the slow ride up until a 2nd wave might spike it.
However, I'll plug
I'd be curious how your non-crypto investing is working out this year. What trading styles do you use? Do you have any good trading styles in crypto?