Don't forget decision recipe: Bot has exactly 0 position of any type....so that it can get into it's first trade (from one of Kirk's video's where a community member pointed out his new bot would never enter a trade with just the decision of "Last opened a position more than 3 market days ago".) Sorry, can't seem to find that video but fortunately I took a note. ;-) Thanks for the update, Pen
Tough month to come back into option selling. Stick with it! It's a long game of numbers and probabilities. We can't predict market moves, but we can control our position sizing and consistency
much smarter/faster/accurate than a human trading 🤷♂️ if you use indicators 📈to make manual trading decisions, why not just have a bot do it instead? (no emotions)
All types of videos and all option strategies that were before the bots took over. Bot trading takes the joyous steam out of option trading, not to mention the many errors that possibly require endless correction when trading with bots.
Thanks, Steve. I’m really enjoying the OA platform & the continual enhancements being made. Keep up the great work.
Thank you! We're thrilled you're enjoying it. Looking forward to another round of new releases coming soon :)
Don't forget decision recipe: Bot has exactly 0 position of any type....so that it can get into it's first trade (from one of Kirk's video's where a community member pointed out his new bot would never enter a trade with just the decision of "Last opened a position more than 3 market days ago".) Sorry, can't seem to find that video but fortunately I took a note. ;-) Thanks for the update, Pen
Yep, great point Pen! I do have that in there, just forgot to open up the decision :/
I got wrecked on 3 idea bots that were 95% PMP.
The last month was an extreme outsized move to the upside to be sure. We actually discussed how that impacted probabilities in the blog linked above.
@@OptionAlphaI should have warned everyone I was getting back into the market. I have that effect on things
Tough month to come back into option selling. Stick with it! It's a long game of numbers and probabilities. We can't predict market moves, but we can control our position sizing and consistency
I was an a fan of this channel until it started this dumb automated trading (Bot Trading)!
What type of videos did you enjoy watching?
much smarter/faster/accurate than a human trading 🤷♂️
if you use indicators 📈to make manual trading decisions, why not just have a bot do it instead? (no emotions)
All types of videos and all option strategies that were before the bots took over. Bot trading takes the joyous steam out of option trading, not to mention the many errors that possibly require endless correction when trading with bots.
Thank you for your feedback!