In successful options trader episode 1, we are thrilled to talk with Jaroslav from Queensland, Australia who is a part-time trader. As of this recording he has been trading options for 2 years utilizing a modified ROCK trading strategy on the SPX with a monthly profit target of 15% monthly.
Jaroslav’s personal trading journey started with Forex futures then he added options to his trading. His award winning trade was a modified ROCK strategy on the SPY in which he met his profit target and he has only been trading for six months! Very well done!
Consider joining the Locke Options Community where over 300 talented traders like Jaroslav, hang out to talk about these strategies.
Successful Options Trader Episode 1 Index
|0:47||What is Successful Trader of the Month?|
|3:09||Jaroslav introduces himself and provides some background on his personal trading journey.|
|5:19||How did you get into options?|
|6:48||How did you get into the Rock and Bearish Butterfly type of trades?|
|12:43||Do you trade full time or do you have another job?|
|13:54||Trade Plan Critical Elements – A discussion of the trade plan.|
|20:05||Jaroslav goes over his Strategy Guides.|
|30:51||Can you explain the difference between Active Adjustment and Dynamic Adjustment?|
|34:24||Are there conflicts to trading discipline if one follows and Active or Dynamic approach?|
|36:33||Jaroslav goes over his Customized Rock Trade.|
|47:52||John Locke discusses the benefits of being willing to take a small loss in return for a potentially large gain in certain market conditions.|
|49:50||Customized Rock Trade example continues.|
|51:40||Would you reduce Gamma if the market is in the center of your tent near expiration?|
|56:26||Is there any specific reason you are using OptionNET Explorer vs. OptionVue?|