DislikedWhat do you think? What's the best way to make consistent gains? Selling premium ala Karen SuperTrader style? Trading the weeklies? Anybody with any opinions, please chime in.... {file}Ignored
You know my trading style and I consistently make anywhere from about 3 -7% per month. The 3% is during the low vol months and the 7% is when there has been higher vols (predominately vol spikes thereby increasing premium followed by a short contraction after). I haven't had a loosing month since using this trading method. I've done similar modelling in excel with various performance scenarios and it helps with setting and achieving monthly targets - Always a good thing to have goals and targets.
I recall from the Karen Supertrader videos (I think the last one) that her performance was around 27% profit last year (which was a low vol 'melt-up' year). During the higher vol years I think she was somewhere around 50% profit annually. I'm sure there are other trading methods for options which can net a higher profit but I'm certain they have a lower probability of making a profit and require more risk......