Life of a Tastytrade Follower
We received this message from a long-time Tastytrade follower, and the user wished to share the email with the public.

Good evening,

I'm reaching out to you in hopes of further educating myself on a long term and sustainable options trading plan.  I've been trading primarily iron condors and various spreads over the past few years, and like you mention in your videos, it is just a matter of time before you get bitten on a large move.  Like yourself I've listened to hundreds of hours of TastyTrade trying to hone my skills.  I've learned a so much from them, but I find that I don't have the time to trade often and small while keeping track of so many trades.  Secondly, I don't see the profit working in my favor in the long run.  Years ago I used to trade 4-5 iron condors a month about 10-15k per trade using various etfs.   That worked great until I had to roll three times and I lost about 80 grand.  I tried to look at the loss as a hard lesson learned and keep pressing on.  Trading 100-1000's of trades trying to beta weight my portfolio is just impossible time wise for me.

After doing some research online, primary looking at reviews showing why TT doesn't work long term, I came across your series of videos.  I've watched and read pretty much everything I can get my hands on associated with your team and I like what I see.

From what I can tell, your team mostly places Broken Wing Butterflies, but uses your proprietary software to time the entry perfectly based on Vega and Vomma.  Honestly, I never really took these higher greeks into account when placing trades other than shooting for high IV at entry.  Everything you say in your videos make sense and I'm highly intrigued.

After losing so much I'm attempting to dig myself out of a hole, but seems impossible trading $200-300 bucks at a time.  I'm only playing around with a few thousand now, but I hope to get back to where I once was after I find the confidence in a successful trading plan.  Your website said you're now focusing on teaching firms rather than individual traders.  I'm worried I have learned about you too late.  At this point are you still offering your methods and software to the small time guy?

Anything would be greatly appreciated and I look forward to hearing back.

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