Trader Places 3,000 Trades Per Year to Net 170% Portfolio Returns | Rising Star
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- เผยแพร่เมื่อ 1 ต.ค. 2024
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I love how Tom takes such a genuine interest in all the guest on this show. No ego, no attitude - just always real and down to ear. Tom - you are a class act!
Tom is such a gem of a person mad respect, if my name was harvinder i would change my name to whatever tom said @29:30
I've had a lot of requests asking how trading has been in 2020 given the volatile markets.
The velocity of the market crash at the beginning was pretty phenomenal and the volatility spike made the existing positions I held at that point of time losers.
However, with a spike of volatility levels, also leads to rich premiums which is a premium sellers dream.
The one sided market move meant I lost a long of short deltas during that time, so it meant I had to work my a** off to place new positions to keep my spy deltas in check.
I usually advocate for short premium delta, but when the velocity of the moves are so fast and violent, there is the option of having static short delta to make it more manageable.
Managing your size and your portfolio closely is the key.
Thanks for following up
Love it, thanks for following up! What DTE do you usually do for your strangles? Are you still managing ~100 positions at a time? That's nuts! I currently have 20ish and I find it a lot. How much of your margin do you usually use? A few other rising stars said they only use 50% capital, not sure if they included margin as well. I'm using 100% of my capital, but I have a 2:1 margin available in case I'm in a bind or need to make more trades.
So question...have you recovered and are you beating S&P returns today?
Hey man how are you holding up now in 2022?
This interview is a full week before a crash. Interesting... wonder how he has managed it.
Loved this interview. This guy is the definition of a humbled trader. Good Luck and thank you for sharing your story very encouraging.
Thank you! The market teaches you humility.. There are no hi5's on the trading floor. I'm glad I was able to give you encouragement and inspiration.
I hope Harvinder didn’t give back too many months or perhaps years of profits being naked with highly leveraged futures instruments during this market downtown. He’s one of my most inspiring rising star TT has brought on!
Wow, that was truly inspirational. Thank you for giving us real videos with real results. How can we get in contact with Harvinder?
Hi Harvinder, I also watch loads of rising star videos and this is the most in depth one I've seen. I'm also in the UK and would love to meet you. Thank you very much for sharing your story!
Thank you Harvinder, I felt so inspired after watching this. Thank you for sharing your story.
I love this guy! I wish I would have learned this in my twenties. He's brilliant and I wish him long-term success.
60 trades a day? Do you open and close all in a day? If it's on 60 different underlyings that will be so tough to monitor. Could you throw some light on this? It will be great if you can share those 60 trades for any one day. Thanks for everything.
I feel so inspired after watching this, would love to learn more about your trading strategy
Wow!! The sure winner here is his broker.
1) Decision making
2) Managing risk
3) Quantifying number of trades with small quantities on weekly basis
4) no limit to how much you can learn
5) Feeding selective information to brain
6) staying humble and generating passive income sources
Hey, can indians trade options in US?? I mean is it legal? Can I transfer upto $250k under liberalised remittance scheme??
He's a really good dude, Awesome story. Love you guys Tom!
Awesome interview! I only just started trading so this has inspired me just as you'd hoped!
Thank you for these videos. Very inspiring for the rest of us who are perfecting our strategies 😃
Thank you Carlos
He’s definitely seen a bear market now. 😩
Harvinder, an a Londoner trade US market? Which broker allows that. Not the bigger ones ?
Great interview
Im from the uk and swing trading options on the new york stock exchange from the uk etc the new york market open in uk time eg 14.30-16.00 pm uk time is just perfect time to trade
Eg perfect for people on
6am -2pm permanent shift patern as they can finish work at 2pm and trade the stockmarket open in new york for 90 mins etc
If you are an options trader you need to be a tasty trader. India there is a niche following but i am sure it will grow.
Sir, can indians trade options in US?? I mean is it legal? Can I transfer upto $250k under liberalised remittance scheme??
Tom pointed out a crucial pt at that pt of time, global equity and interest rate is too much... And the CORONA corrected everything...
Yup Tom, am from Delhi India and I have been watching Tasty Trade for 2 years now. Also Harvinder good going!
at about 25 minutes Tom says he senses the extremes of the equities just days before one the biggest crashes in history.
Nice humble guy repping the UK. There is little coverage of his trading strategies & the underlyings. Come on TT. How can we find out more?
Good to see a passionate guy who gets it. Ill make it someday. Its a breath of fresh air to see someone genuine. Some of the past stars are now trying to capitalize (monetize) after their visits as rising stars.
You will make it for sure. Stick to the mechanics, keep learning and stay engaged!
Baba Tom Sosnoff Ji 🙏🏽
man thats a ton of trades, 60!? i work w/ 7k and only have like 10 iron condors on for monthly cycles..i don't understand how he does it
@Daver G Daver that's cool, I dream to to do what u do
He says he has over $175k in his margin account and perhaps his cycles are monthlies that end in around 12-14 days. He also says that he does mainly one lots.
I think he trades very small so he can trade very often. And all his management/adjustment trades also add to that sum.
He’s also trading future options, giving him more market hours to trade and more opportunities
@@ChaceBonanno spot on
I'd love to see how they managed through the crash. Tom keeps saying they are prepared. How'd they prepare?
Keeping a short delta position and staying small is how they prepare
if he didn’t manage his losers on time and potentially had 20 or more trades on at the same time I wouldn’t be surprised if he blew up his account
"so what were you doing in the bank?" -- "I worked in finance, I worked in finance" LMAO WHAT ??
lol he worked in finance
yea that was some a bullshit response
it was finance you know, simple
im sure he was just a teller...
@@mendoza55982 Even if its true, why lie?
Nice Job Harvinder, really nice job! Very inspiring!
Thank you! Glad you find my story inspiring.
Is every person of Asian descent as intelligent as this guy? It seems like every one of them I meet is so smart!
Being Punjabi/Sikh gives one a natural leg up on life.
Doubled in 2 and half years?!!!!😲😲 Is it investing or trading?? Trading is about generating monthly income, not doubling in 2 and half year. Very disappointing news
tt is obviously promoting future options so strong, it is almost as if their other products are no longer profitable?
When you become big. It becomes difficult to ploy all your capital in only stocks.
inspiring success
(unintelligible video title)
Thank you! Glad you find my story inspiring.
How about American taxation. Since you can't do ISA free tax like 1 can do in the UK. Wonder how does the taxation work, seems to me, British investors will be disadvantaged unless Tastytrade opens up in UK.
Harvinder. Thanks for inspiration. I seem to be able to trade and be bullish, how do you set up trades to be bearish. What do yo look for? What strategies do you employ the majority of the time? Defined risk or undefined risk? Appreciate any help. Thank you very much
$20K in Bitcoin...that's great...I hope you told her to buy!
I felt what he says about traveling abroad to a 3rd works country while earning USD. I was in Paraguay for 4 months and lived like the rest of the uber rich of the country. I trade binary options but use an offshore style broker and have huge success after 3 years of an uphill battle. Keep going and dont give up!
Loved this show..........so encouraging!!!!
Thank you!
I was very inspired by your interview. I tried to friend you on Facebook but there are many people with your same name and I did not see your picture. Which one is you? Thanks.
Actually, I found you and sent a friend request!
@Thank you, I'm glad I was able to inspire you.
Yes, I'm seeing your video from very small town in India.
Hope I will come there one day 🤞
These videos are honestly so motivational. Thank you guys so much for making them and please don’t stop! Probably one of my favourite things to binge watch is the rising star series
That's interesting, as I did the exact same thing when I started!
Mo Salah trades options when he is not scoring goals. Haha gotta love this guy.
Great inspiring journey! I just started myself. I also live in London and am keen to know which platform you use to trade?
Betcha he doubled it since then. ..or I hope so. I started in March with 200 bucks and I did great and I am still clueless.
First comment!
Am I able to find the strategy that you use?
Strangles
Thanks from an Indian aspiring Derivative Trader
This aired as coved was breaking out
How could I get in contact with harvinder?
Hey, you can message me here and I will reply. Alternatively, you can find me on FB, with the name Harvinder Singh Dhillon
@@TheSainiSurinder Are you on LinkedIn? I quit my job after 10+ years of working. Been trading and investing for almost that time as well and now heading to Thailand for a year to trade full time. I am keen to get in contact with inspirational people.
@@PraneetCastelino reach out to me on FB instead
Praneet Castelino good luck man 👍🏼
@@TheSainiSurinder Sir, can indians trade options in US?? I mean is it legal? Can I transfer upto $250k under liberalised remittance scheme??
Thank You My Friend;D
When it’s a Bull mkt, everyone’s a genius; wonder how he hedged when the pandemic hit?
I was thinking the same.
Great video, thanks Harvinder for sharing!
Would love to sit there one day...
So inspiring
Old guy with a beret!
Excellent Interview!
Thanks
Wowww
Here is a 3000 a year trader. That’s an average 10/day. Most of the successful options traders on here seem to be doing well over 800-1000 trades a year and focusing on two or three underlying (SPX, SPY, etc…). How are they putting 4 trades day after day (some even say 10 a day) essentially the same underlying? Apparently with the same 30-45 DTE. Wouldn’t all the DTE and strikes start to pileup creating a concentration of risk around the 21 days to expiration? I’m really confused about the idea of 4-10 trades a day of just a few index options. Please help me understand
I’m about 3000 a year too. You have to adjust yourself, so you sometimes need to roll out, roll up. With that say, the underlying itself move so the deltas aren’t for the same legs… Get your foot wet you’ll get hook.
so he does long strangles?
Short strangles.
How can anybody win so often with 20 deltas strangles if it's long. Has to be short strangles.
Did this guy trade in the FTSE?
Started off trading stocks in the FTSE but moved to the US markets once I started trading options, as the US is the most efficient market place in the world, especially in the derivatives market place.
@@Dylan-zl4uk yes, exactly that
@@Dylan-zl4uk So what alternative do you suggest?
@@TheSainiSurinder Sir, can indians trade options in US?? I mean is it legal? Can I transfer upto $250k under liberalised remittance scheme??
Good episode and great inspiration
Great episode!
Thank you!
@@TheSainiSurinder - What's the average days-to-expiration for your options positions?
@@ericjohnson8915 45 days is the ideal wheelhouse
Maybe it was time to get in bitcoin lol
I have Question, there is lady on Tweeter @Luckeee, she started a challenge with 300 dollars to prove that she can growth an small account, cuz everyone believes she is faking it, cuz she post insane returns from her trading account and her account now is 75k and only 3 months from the 300 challenge, is that possible??? or she is just faking it.
vishka07 it is possible but not trading the way these guys teach trading. You can make a lot buying OTM options and being very lucky. It is a rare occurrence
@@sebbell3345 ??? Thats why i am asking 🤔 isn't that obvious 🙈
@@vishka07 - Here's the thing... you could have bought one TSLA call option for $300 on Jan 23 and sold it on Feb 4 for $25,000 (about a week and a half) but that's just complete luck. Trying to build a trading plan on circumstances like that is basically the same odds as playing the lottery. And I bet you would have never done that because you would have sold that contract 2 days earlier when it was at $3000. Or if you held it one day longer, that 25k would have dropped back to 10k. You may pull it off a few times but you will lose 1000 times over trying to repeat it. It's not a sustainable trading strategy. Tasty Trade strategies use a slower, steady building of a portfolio that can generate a good return for the long term and is built on solid math and not dumb luck. You won't learn it overnight though nor will you learn to trade overnight. Just like everyone you see in these videos, they studied this material for months before they learned to become profitable and often a year before they could sustain it. You can try anyone's strategy - just paper trade it and don't pay a lot of money for it. You can spend thousands and thousands (and thousands) learning from big shots with trading plans but Tasty Trade will give you the best info for free. Take your time and learn it and it will pay off. So, is it possible she turned 300 into 75k... sure, it's possible but when trading without proper time to learn, it's even easier to turn 75k into 0.
"What did you do for the bank?"
"I worked in finance".
Ba da bum.
Unless he is trader at a bank, it means nothing
"What did you do at the bank" -- "I was in finance", -- no shit.
Great show. Harvinder how can I get in touch with you. It’s a little difficult to contact you on FB as your name is quite common. Would love to chat and learn your strategy.
I liked the original video posted on the tastytrade fb page, so you'd be able to find me through there :)
I follow the tastytrade strategies and mechanics, those guys are honestly the greatest!
@@TheSainiSurinder How are you doing since the markets fell apart? This video was right before that happened. We need to have an update video!