For people who are wondering what he trades... He holds long options 1/2/3/4/5/6/7 days out. Then current day he starts selling options with delta of 7-20. He is also buying a hedge that costs him very less (Nickel wings) for the trades he puts on. Basically he is trading a condor. He does this on both sides by putting on a trade every 2 mins i.e he adds a new position every 2 mins till market closes. This way he gets to average his volatility. If the market moves against him, he will cut his positions. His long options give him some profits so his net loss is less if the market makes a big move against him
I could be wrong but didn't he say he doesn't close the trades, he just lets them expire? That means he's not making $10 per trade, he's making whatever he put the trade on for.
4:50 Rolling the dice 6:30 Compound knowledge 8:50 8-20% Drawdowns 13:00 SPX 18:00 When VIX goes up big 19:00 200k to 1.5M in 2 years? 🤔 23:00 Uber to 0DTEs 😅 27:50 More trades = more money
Tom. I didn’t understand all of this, I am barely beginning my options trading journey. Based on your reactions, I can tell you were amazed by his responses. Can you make a video summary of this for newbies like me?
I agree, but none of Tom's Rising Star guests ever explain in detail what they are doing. They give general explanations that never really make sense on how they can consistently beat the odds. Very sceptical. On the other hand, if I were in Mark's place, would I really want to show my detail strategy. Absolutely not.
@@venician2face What's wrong if people know your strategy? If you trade high volume tickers, you think enough retail traders will copy you to affect the market?
A lot of people are complaining saying that they want to see more, I’ve been following mark for a little while now and he as many RUclips video some hours longs explaining his trading process and in-depth back testing results, showing the back test vs actual live trading results
Man, the way Tom effortlessly understands everything with such fluidity is quite amazing honestly. He deeply understands finance and the markets. It's incredible!
I'm a plumber making over $100k a year, and I've never invested before but do have a substantial cash saving. I'm thinking about starting a Solo 401(k), but I'm stuck on what to invest in. I've watched a lot of beginner videos, but I still don't know the best way to start. Any real-life advice or tips would be really helpful.
I believe every Investor should start with ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth.
You don't need to find the next NVDA to succeed in investing. Just choose top-notch ETFs and partner with a financial advisor like I did. I turned $100k into $53,000 in annual dividends-a significant milestone for me today.
Melissa Elise Robinson is the licensed advisor I use and im just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment
This strategy is very intriguing! I like 0DTE SPX options and this gives some ideas that could be very useful. Just not looking to make 100 plus trades a day.
Incredible interview. You should invite top 5 traders and ask for common denominator in what they all do. Love these interviews better than most podcast on the internet.
there are people who explain their strategy in details and there are others, this guy will not reveal what he's actually doing, most people who really make profits, never reveal their secrets.
This was a great convo. I also am seeing some success with 0 DTEs (after learning things the hard way). I don't trade 100s of times a day, just once or twice. But for sure, credit spreads (and not synthetic, which after listening to this, I'm going to look into). There is definitely money to be made with 0 DTEs and Mark proves it.
Had to listen to this twice to understand the strategy. I appreciate that they keep the traders methods on display but keep the strategy in his hands, but as a trader I would love to see this actually happen in real time.
Section 1256 contracts, it's a bunch of tickers not just spx, xsp, vix, ndx etc...euro style cash settled index options, and futures and their options.
Questions: 1. Those trades that he put on every 2 minutes, are they spreads or iron condors? 2. Those 7/6//5/4/3/2/1 dte calls he put on, do they have the same strike price? 3. The trade that he put on the after of the day before for 1dte, what is that trade?
I blew two accounts with 0 DTE. It a strategy that will make you lose: you bet, lets say, $500 to win $40 80% of the times; but when you are wrong you may lose 3X what you win or even the whole $500 if you do not place a stop loss. You also overtrade and are stubborn to cut your losses. Trading is just a hard thing to do.
I agree, if you don't know what you are doing, 0DTEs can be fatal. I've learned very hard about this too, trying to beat the system with little knowledge. I however, have been learning a lot and am now fairly successful at 0DTEs the past few months and after changing my strategy somewhat. I wouldn't call it 100% consistent or successful just yet. I want to get through a year's trading before I do. And, I don't take 100s of trades a day. Only one to two and in most cases, it is a credit spread. I also base my "bet" on the day to not make more than about 1% of my portfolio size, which in turn risks up to 10% of my capital max. If my bet doesn't pan out, I usually get out with a bit of a loss as early as possible, but I've been winning a lot more than I lose (with far enough deltas). Like I said, I'm going to continue to do this for a year, or until I realize I'm barking up the wrong tree.
@@OptionSpreadProfits From my watching his RUclips you will learn that he has multiple strategies. He only trades this one when IV has increased from day before. He closes the shorts of either side at 400% loss while leaving the longs on. He has backtesting results that are impressive.
He holds long options 1/2/3/4/5/6/7 days out. Then, current day he starts selling options with delta of 7-20. He is also buying a hedge that costs him very less (Nickel wings) He does this on both sides of the market by putting on a trade every 2 mins i.e he adds a new trade every 2 mins till market closes. This way he gets to average his vol. If the market moves against him, worst case he will cut his positions. His long options usually provide a hedge if the market makes a very big move.
ODTE is SPY or SPX or QQQ that expires at 4:00pm. These contracts have an option dated to expire daily . I trade 0DTEs everyday. It’s the only options I trade . $30 today printed $275 on QQQ
This guy is a natural. I mean I want to learn from him absolutely, even though he's fricking barely 30. Holy crap. Wonder what he finds next. You can tell Sosnoff is ready to pick his brain and he's a top level baller. Def proves the refinement of one exact strategy wins, which bums me out, because I enjoy a wide swath of approaches but I'm still trying to get out of the trough, so maybe I better change my ways.
No, and there never will be. You can go back and watch every one of these interviews, and the instant the guest goes into the tiniest details of what their strategies and trade structures actually look like, Tom abruptly cuts them off and diverts the conversation.
Sounds like he's long put and call options 1 week out and selling the options that expire today. All options are at what 8-20 delta. Fur all the trading, as the market moves there must be profit he's taking off one side or maybe both sides
Find that very difficult to believe he earned that completely on his own, he must have been from a rich family. Even if worked at age of 16 till 22, going to school and college full time there is no way he could have saved $200K at that time, economy wasn't that perfect. To save that much you will need to earn at least additional $100k to offset taxes, and personal spending. Something is missing in this story. I could be wrong but I stand with my analysis.
@@edwardsl8016 I agree with you on this, he has to make 100k a year gross or about 65-70k take home pay, personal expense about 25k, save 45-50k a year for four years from 18 to 22.
Did not quite get buying 7, 6, 5, 4.… long calls ahead of time and then spreads all day. I am sure he is a genius, but I did not get the 150-200 trades a day and the whole management routine. Impressive gain though.
The guys said he is always a long delta , long gamma , by keeping the long leg to expire worthless, therefore , he takes the short side home with him over night, for fear of overnight market moves. Please correct me if I understand it wrong
Very interesting interview. However, the VAR on this strategy will be super high due to concentration of risk by selling credit spreads every 2 min. This makes great money when realized vol is lower than implied vol but gets crushed in high rvol scenarios.
What a great conversation. At the moment I'm averaging roughly $600-$1200 per day doing $SPX 0-dte trades and really want to scale up. I think his idea of buying wings upfront several days out and then writing his shorts against those long wings is a brilliant idea! I'm gonna play around with that idea myself!
Great perspective. Getting into trading has been rather rewarding to me and I've learned that getting a good return is very much attainable if you know your way around it. I've watched my net worth grow exponentially these past months.
It's totally far from luck. Jonas Herman, a CFA has consistently outperformed the market ever since I got on his program. He has continued to put my money to good use in the market with $25k making me an optimal return of over $101k
Do not forget that when it comes to trading, prices can be erratic, rising and declining quickly, often in relation to companies' policies, which individual traders or “experts” do not influence.
@@Pambegay Thank you for this pointer. I mailed him. Did my due diligence on him before we scheduled a chat. Also, brilliant resume I must say! I intend on getting started right away.
He back tests his strategies/theories on option omega then programs bots to make his trades. He diversifies but stays Delta neutral (if I remember correctly). Tom was supposed to pop in on his channel not long ago but I guess they flipped the script.
This is excellent. It’s analogous to a fighter jet pilot flying in top speed for 8 hr daily watching all the screen to mitigate short vol risk from Spx Its take a young pilot with sharp fast brianeye coordination. ❤
I loved this interview. I wish Tom asked more analytical questions and maybe extend an invite for in depth discussion with other traders who are trading 0DTE. Overall great info!
I'm going to try but I'm not sure if I'm correct...my # examples are going to be using SPY bc I understand enough to make relative sense...I've never traded SPX. Basically it's an iron condor structure, where there are two sides of each trade. Buy one call & one put waay out the money, one week out. So for example tomorrow (Monday 11/18), you might buy the 620 call ($2)and the 500 put ($6) for Friday 11/22. Then you sell an 0DTE option on either side, against the outer "wings", maybe the 576 put ($12) and the 592 call ($11). As long as the options you sell expire worthless, you make $23 in the day, and you still have your wings intact to be able to sell against tomorrow. Do the same thing every day for a week, and you've made $107 ($23 x 5 - the $8 for the wings). Take this approach x200 times per day = $21,400 per week. You obviously need to work your way up to this level bc the width of the wings & number of trades will be limited by your account size...bc you can't take on more risk than your account can afford. If needed, manage / roll up or buy to close the interior options you sell depending on how it moves during the day. If there is a black swan...you can really get messed up bc your wings are so wide that you're essentially naked...most of your clothes are missing
I stay corrected in my misjudgement of Toms statement , that is taking the longs with him( the trader) home . The trader in the interview gets rid of the short side yet keeps a long delta , long gamma exposure , by not closing the 7,6,5,4,3,2 ,1 day long wings . I cannot stop embarrassing myself anytime I try to correct Tom lol😂
i day traded a $2,000 paper trading account and turned it into $200,000 in two months. This was using vertical spreads. I then put that strategy to work in a live trading account and i come to find out that it doesn’t work in real life. Anyone have this happen to them too?
Yes it's the same thing with me, I sell 10 x 10 delta IC $50 wide at the open every day in my paper trading account. My account is up huge after 1 month. I wish I could say the same about my cash account. I am my own worst enemy it seems
He is doing exactly what I do....most of the time its a home run.......kind of sorry to see him explain it to everyone BUT the market is big so I guess it doesn't matter.
35K trades in a year is too high frequency! It's a ridiculous and silly strategy. He makes money only because commissions are included in the spread to get in and out the trades. It's a don't try this at home strategy.
I hate to say it, but these “Rising Star” videos aren’t very helpful without specific examples. Most of them seem like they are using gambling / Martingale systems, which will eventually cause massive losses, if not blow their account entirely. This is also super ironic, as no one seems to trade the “Tasty way”, LOL. Has there ever been a single “Rising Star” that has come on and said, “Yeah, I just sold 45 DTE Strangles and Iron Condors. Took profit at ~50%. Doubled my account in two years.” 😂 If there has, I haven’t seen it!
This is the best definition of gambling, and Tom's eyes light up with the amount of fees he's collecting from this guy gambling. One 20% pullback, and his entire account could be wiped out. Good luck, everyone-YOLO at its finest.
😳 you hold that many positions to expiration on 0 dte?! I’ve been tormented over holding one to expiration and after losing a few times I have stopped doing that.
What does "playing crosis" or "crotosis" mean. I've never heard that reference. Mark says it in response to Tom's question about what Delta he uses at around 11:29 timestamp in the video.
Kurtosis refers to the shape of a distribution to be fatter at the tails and narrower near the center as compared to a normal distribution. The impact of high kurtosis is to throw off the broker provided probability analysis. For retail traders not aware of this, it can cause more losses than expected particularly in Iron Condors and Iron butterflys but also with regard to credit spreads. Mark seems to have found a way to exploit this, but it is not obvious to me how he can win so consistently. I would love to see him in operation.
@@venician2face your explanation is really insightful. I’m also super curious how Mark leverages this so effectively. It would definitely be fascinating to see more of his approach in action. Thanks again for taking the time to explain!
Like Sam Altman really cared about a talking database. Market strategy is no longer the domain of humans. Also why would anyone making any kind of serious money spend their limited time talking about it?
For people who are wondering what he trades... He holds long options 1/2/3/4/5/6/7 days out. Then current day he starts selling options with delta of 7-20. He is also buying a hedge that costs him very less (Nickel wings) for the trades he puts on. Basically he is trading a condor. He does this on both sides by putting on a trade every 2 mins i.e he adds a new position every 2 mins till market closes. This way he gets to average his volatility. If the market moves against him, he will cut his positions. His long options give him some profits so his net loss is less if the market makes a big move against him
You mean he has two protections? The long wing of the current day trades plus the 1/2/3/4/5/6/7 DTE long options? Thanks
@@kurkinet55 Thats right.
sounds tiring...i place 1-3 trades a day normally
@@pig_wrestler I know. Maybe he runs an algo that places the order.
@@pig_wrestler probably less tiring than risking your sanity and in some cases life driving uber.
i think he is doing it backwards. most millionaire traders turn into uber drivers.
love your comments dude
hater
🤣
we need a course on his strategy!
$10 average profit per trade, every 2 minutes. This guy basically figured out how to consistently print his own $300 hourly pay rate. Nice! 👍
I could be wrong but didn't he say he doesn't close the trades, he just lets them expire? That means he's not making $10 per trade, he's making whatever he put the trade on for.
@@sethaldrich6902If thats the case, he saves a lot of on fees.
@@sethaldrich6902 Yea.. $10 to $25. He's literally trading OTM credit spreads as he said.
@@sethaldrich6902$10 is average after gains and losses
@@sethaldrich6902 thats my question too
So much respect for Mark. The stress of thinking about the market makers, the theta decay, the GEX, and he is killing it!
4:50 Rolling the dice
6:30 Compound knowledge
8:50 8-20% Drawdowns
13:00 SPX
18:00 When VIX goes up big
19:00 200k to 1.5M in 2 years? 🤔
23:00 Uber to 0DTEs 😅
27:50 More trades = more money
Tom. I didn’t understand all of this, I am barely beginning my options trading journey. Based on your reactions, I can tell you were amazed by his responses. Can you make a video summary of this for newbies like me?
Not surprised to see Mark on here ! Well done man 👏
Thanks for sharing your insights !
wish I could see a visual demonstration of this
a snake with 1000 razor blades for its widths.. when he tries to pick it up .. he has a metal glove.
I agree, but none of Tom's Rising Star guests ever explain in detail what they are doing. They give general explanations that never really make sense on how they can consistently beat the odds. Very sceptical. On the other hand, if I were in Mark's place, would I really want to show my detail strategy. Absolutely not.
He documents a lot of it step by step on his YT channel Zero Day Mark
You won't because it's made up
@@venician2face What's wrong if people know your strategy? If you trade high volume tickers, you think enough retail traders will copy you to affect the market?
Great interview. I loved seeing how excited Tom was about it. That part was fun. Good work, Mark! Keep it up.
A lot of people are complaining saying that they want to see more, I’ve been following mark for a little while now and he as many RUclips video some hours longs explaining his trading process and in-depth back testing results, showing the back test vs actual live trading results
What is his username?
What's his channel
@@OptionSpreadProfits I found it. Zero day mark
@zerodaymark
Zero Day Mark
I’d like to see follow up videos of these interviews 1 year, 3, 5 years after to see who can keep the same strategy.
He will be back driving uber… on no, will be driverless cars by then. Gamblers always go broke.
@@icenomad99 What makes his strategy any more gambling than any other data proven strategy like long dated short strangles?
I've never seen a "Rising star" return with any updates. There should be a " Where are they now? " segment
@@traderginogreat idea!
for sure. these profiles are just examples of the Apex fallacy.
For every 1 Mark winning at trading 0 DTE, there are 999 Marks who have lost. Don't become a data point.
fact
On the buy side yeah. On the sell side it’s the opposite, 999 winners to 1 WSB loser
Man, the way Tom effortlessly understands everything with such fluidity is quite amazing honestly. He deeply understands finance and the markets. It's incredible!
Totally agree! I was thinking, wow both of these guys are waaaay smarter than I will ever be!
I think you forget that he discussed the strategy beforehand.
I'm a plumber making over $100k a year, and I've never invested before but do have a substantial cash saving. I'm thinking about starting a Solo 401(k), but I'm stuck on what to invest in. I've watched a lot of beginner videos, but I still don't know the best way to start. Any real-life advice or tips would be really helpful.
I believe every Investor should start with ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth.
You don't need to find the next NVDA to succeed in investing. Just choose top-notch ETFs and partner with a financial advisor like I did. I turned $100k into $53,000 in annual dividends-a significant milestone for me today.
I need to ensure I have enough money to survive on. How can I consult your advisor? My retirement account isn't performing well.
Melissa Elise Robinson is the licensed advisor I use and im just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks
This strategy is very intriguing! I like 0DTE SPX options and this gives some ideas that could be very useful. Just not looking to make 100 plus trades a day.
Incredible interview. You should invite top 5 traders and ask for common denominator in what they all do. Love these interviews better than most podcast on the internet.
Fascinating. Some new considerations to 0DTE that I hadn't considered previously.
there are people who explain their strategy in details and there are others, this guy will not reveal what he's actually doing, most people who really make profits, never reveal their secrets.
All he’s doing is selling iron condors in high iv
This was a great convo. I also am seeing some success with 0 DTEs (after learning things the hard way). I don't trade 100s of times a day, just once or twice. But for sure, credit spreads (and not synthetic, which after listening to this, I'm going to look into). There is definitely money to be made with 0 DTEs and Mark proves it.
I don't believe this story. There's something fishy about the whole thing. It doesn't add up. Does anyone else see this?
Had to listen to this twice to understand the strategy.
I appreciate that they keep the traders methods on display but keep the strategy in his hands, but as a trader I would love to see this actually happen in real time.
Still doesn't quite make sense. Tom interrupted him too many times. Let him explain for us!!!
They need to throw in some examples.
@@crimpers5543agree, Tom always talks too much in these interviews. He gets excited like a puppy.
Still don't get it
I could watch this a dozen times and it's still over my head!🙂
Nobody ever talks about the capital gains advantage also of SPX. 60/40 long term/short term vs 100 percent short term
I think if you can qualify for and GET TAX TRADER STATUS your taxes are 1/1 for gains/losses plus you also have expense deductions and other benes'
@@santmat007 He's talking about the capital gains tax rate. Can't beat long-term capital gains treatment.
Section 1256 contracts, it's a bunch of tickers not just spx, xsp, vix, ndx etc...euro style cash settled index options, and futures and their options.
1256 is goooooood!
@@Siegefya What are the other tickers? I think you listed all the indexes, I don't trade futures so don't know about them. Anything else?
Questions: 1. Those trades that he put on every 2 minutes, are they spreads or iron condors?
2. Those 7/6//5/4/3/2/1 dte calls he put on, do they have the same strike price?
3. The trade that he put on the after of the day before for 1dte, what is that trade?
i believe he said he trades verticals
I blew two accounts with 0 DTE. It a strategy that will make you lose: you bet, lets say, $500 to win $40 80% of the times; but when you are wrong you may lose 3X what you win or even the whole $500 if you do not place a stop loss. You also overtrade and are stubborn to cut your losses. Trading is just a hard thing to do.
Tight stops handle that
In high iv iron condors are great 0 dte. As long as you are far enough away from atm you are fine. Theta moves fast on the last day.
Yes but doesnt the 65 cent contract prices add up? Im already at 5k in fees tyd@jameseldridge3445
I agree, if you don't know what you are doing, 0DTEs can be fatal. I've learned very hard about this too, trying to beat the system with little knowledge. I however, have been learning a lot and am now fairly successful at 0DTEs the past few months and after changing my strategy somewhat. I wouldn't call it 100% consistent or successful just yet. I want to get through a year's trading before I do. And, I don't take 100s of trades a day. Only one to two and in most cases, it is a credit spread. I also base my "bet" on the day to not make more than about 1% of my portfolio size, which in turn risks up to 10% of my capital max. If my bet doesn't pan out, I usually get out with a bit of a loss as early as possible, but I've been winning a lot more than I lose (with far enough deltas). Like I said, I'm going to continue to do this for a year, or until I realize I'm barking up the wrong tree.
@@OptionSpreadProfits From my watching his RUclips you will learn that he has multiple strategies. He only trades this one when IV has increased from day before. He closes the shorts of either side at 400% loss while leaving the longs on. He has backtesting results that are impressive.
Watched the whole video but I am unable to understand what exactly is Mark doing. Can someone please explain his 0 dte strategy ?
youtube.com/@zerodaymark?si=csuk0tCNukc4eB1n he talks about how he does stuff on his channel
He holds long options 1/2/3/4/5/6/7 days out. Then, current day he starts selling options with delta of 7-20. He is also buying a hedge that costs him very less (Nickel wings) He does this on both sides of the market by putting on a trade every 2 mins i.e he adds a new trade every 2 mins till market closes. This way he gets to average his vol. If the market moves against him, worst case he will cut his positions. His long options usually provide a hedge if the market makes a very big move.
@@fun3721so he can only sell up to the amount of longs he has on? At one every two minutes he would be buying quite a bit on longs before hand?
@@fun3721 does he buy that nickel wings hedge every 2 minutes as well? Or just buy wings first and then keep selling every 2 min?
ODTE is SPY or SPX or QQQ that expires at 4:00pm. These contracts have an option dated to expire daily . I trade 0DTEs everyday. It’s the only options I trade . $30 today printed $275 on QQQ
Finally 0DTE focused episode
This guy is a natural. I mean I want to learn from him absolutely, even though he's fricking barely 30. Holy crap. Wonder what he finds next. You can tell Sosnoff is ready to pick his brain and he's a top level baller. Def proves the refinement of one exact strategy wins, which bums me out, because I enjoy a wide swath of approaches but I'm still trying to get out of the trough, so maybe I better change my ways.
Toms face when he said he makes a trade every 2 minutes. 😂
Them commissions 😂
@@benjaminpatel4187, Exactly! 🎯💯
Cha Ching
He made the O face
Why don't we do something to the point like exactly give days trade how it's done.
Is there a show afterwards to breakdown what he is doing on the tasty platform. Right now i'm lost lol
No, and there never will be. You can go back and watch every one of these interviews, and the instant the guest goes into the tiniest details of what their strategies and trade structures actually look like, Tom abruptly cuts them off and diverts the conversation.
youtube.com/@zerodaymark
@@thatpointinlife Because it's not tasty mechanics + it's not the best way or channel to discuss trade mechanics.
Sounds like he's long put and call options 1 week out and selling the options that expire today. All options are at what 8-20 delta. Fur all the trading, as the market moves there must be profit he's taking off one side or maybe both sides
He actually documents it all on his RUclips channel Zero Day Mark
he manages to save 200k USD at age 22? wow
Find that very difficult to believe he earned that completely on his own, he must have been from a rich family. Even if worked at age of 16 till 22, going to school and college full time there is no way he could have saved $200K at that time, economy wasn't that perfect. To save that much you will need to earn at least additional $100k to offset taxes, and personal spending. Something is missing in this story. I could be wrong but I stand with my analysis.
@@edwardsl8016 I agree with you on this, he has to make 100k a year gross or about 65-70k take home pay, personal expense about 25k, save 45-50k a year for four years from 18 to 22.
Tom, what's the point of all these stsr interviews if the strategy is never explained to the level that it can be applied by others??
I noticed tasty has a $5 assignment fee. Does this apply to spx too?
Did not quite get buying 7, 6, 5, 4.… long calls ahead of time and then spreads all day.
I am sure he is a genius, but I did not get the 150-200 trades a day and the whole management routine. Impressive gain though.
The guys said he is always a long delta , long gamma , by keeping the long leg to expire worthless, therefore , he takes the short side home with him over night, for fear of overnight market moves.
Please correct me if I understand it wrong
Dint understand the strategy after listening five times. Just going to the sixth. Will that help?
sure! 🙂
Very interesting interview. However, the VAR on this strategy will be super high due to concentration of risk by selling credit spreads every 2 min.
This makes great money when realized vol is lower than implied vol but gets crushed in high rvol scenarios.
What a great conversation. At the moment I'm averaging roughly $600-$1200 per day doing $SPX 0-dte trades and really want to scale up. I think his idea of buying wings upfront several days out and then writing his shorts against those long wings is a brilliant idea! I'm gonna play around with that idea myself!
What strategy are you currently using and seeing profit from?
Great perspective. Getting into trading has been rather rewarding to me and I've learned that getting a good return is very much attainable if you know your way around it. I've watched my net worth grow exponentially these past months.
It's totally far from luck. Jonas Herman, a CFA has consistently outperformed the market ever since I got on his program. He has continued to put my money to good use in the market with $25k making me an optimal return of over $101k
Do not forget that when it comes to trading, prices can be erratic, rising and declining quickly, often in relation to companies' policies, which individual traders or “experts” do not influence.
I'm green in the trading space. I work most of the week and barely have time to myself. I'd like to use mentorship. How can I get to him?
Hermanw jonas that’s his gmail okay
@@Pambegay Thank you for this pointer. I mailed him. Did my due diligence on him before we scheduled a chat. Also, brilliant resume I must say! I intend on getting started right away.
A lot of jargon, unclear terminology, and obfuscation. Tom, you may get it but please translate into understandable concepts.
He back tests his strategies/theories on option omega then programs bots to make his trades. He diversifies but stays Delta neutral (if I remember correctly). Tom was supposed to pop in on his channel not long ago but I guess they flipped the script.
What’s his RUclips channel?
@ zero day mark
Thank you for sharing.
Mark is the real deal. 👌
This strategy is almost similar to Karen the super trader , except that she rolls the long side of the spread to the following month , 55 DTE
Just to sum the most important stuff:
"the uber driver, that happens to have *a couple of hundreds of thousand dollars* became a millionaire"
🤦♂
This is excellent. It’s analogous to a fighter jet pilot flying in top speed for 8 hr daily watching all the screen to mitigate short vol risk from Spx Its take a young pilot with sharp fast brianeye coordination. ❤
6.5 hours
Minute 24 , Tom meant to say " Taking the short side with you home , not the long side " 8 could be wrong
if i had couple hundred thousand dollars mid 20s id also be a millionaire too.
Would be nice if we can hear Marks explaination without interruption
A trade every 2 minutes? That seems ridiculous but this guy seems like a robot so maybe it's a perfect fit.
He only had 200k to start with 😂
just let the guy talk.
I loved this interview. I wish Tom asked more analytical questions and maybe extend an invite for in depth discussion with other traders who are trading 0DTE. Overall great info!
I drive Uber and trade SPY & TESLA 0dtes lol. Been refining my strategy since this year on demo. This video is good to see 😂
0.04% return per day. Is there an easier way to get this return rate?
Great video again, Every family has that one person who will break the family financial struggle, I hope you reading this become the one.
Happy to stumble onto your comment.🥰
🙏❤
Thanks for posting.
Amazing comment. I claim it!
Amen!!
All he tells is correct correct...he himself is confused, demonstrate on the platform will be more understanding to viewers
Tom talks 2x the amount of his guest
Reminds me of "Karen the Super Trader".
She was selling naked strangles way otm - he’s selling credit spreads
@@MakeTheAdjustment1979 No, she wasn't. Karen was a fraud and is currently in prison. Give it a couple of years, he'll be broke or in prison also.
Great interview!
it would have been far more effective to show graphics and examples than to just talk for half an hour
WHAT is the ROI and initial capital?
No fees on all those trades?
Man, I understood about 10% of this conversation. Thanks US Department of Education. -_-
Can someone please explain his strategy in plain words?
His RUclips channel is zero day mark
I'm going to try but I'm not sure if I'm correct...my # examples are going to be using SPY bc I understand enough to make relative sense...I've never traded SPX.
Basically it's an iron condor structure, where there are two sides of each trade. Buy one call & one put waay out the money, one week out. So for example tomorrow (Monday 11/18), you might buy the 620 call ($2)and the 500 put ($6) for Friday 11/22. Then you sell an 0DTE option on either side, against the outer "wings", maybe the 576 put ($12) and the 592 call ($11). As long as the options you sell expire worthless, you make $23 in the day, and you still have your wings intact to be able to sell against tomorrow. Do the same thing every day for a week, and you've made $107 ($23 x 5 - the $8 for the wings).
Take this approach x200 times per day = $21,400 per week. You obviously need to work your way up to this level bc the width of the wings & number of trades will be limited by your account size...bc you can't take on more risk than your account can afford.
If needed, manage / roll up or buy to close the interior options you sell depending on how it moves during the day.
If there is a black swan...you can really get messed up bc your wings are so wide that you're essentially naked...most of your clothes are missing
I agree on FOMC days!
Them days are def not for the faint of heart with 0 DTE
0DTE turned me from a millionaire into an Uber driver
⚡Mark is an absolute LEGEND. Great interview. ⚡
I stay corrected in my misjudgement of Toms statement , that is taking the longs with him( the trader) home .
The trader in the interview gets rid of the short side yet keeps a long delta , long gamma exposure , by not closing the 7,6,5,4,3,2 ,1 day long wings .
I cannot stop embarrassing myself anytime I try to correct Tom lol😂
Thanks for the content
I got a feeling this guy is a f genius. Can you pls explain how does he trade every 2 minutes?
i day traded a $2,000 paper trading account and turned it into $200,000 in two months. This was using vertical spreads. I then put that strategy to work in a live trading account and i come to find out that it doesn’t work in real life. Anyone have this happen to them too?
Psychology of paper and real trading is totally different. Also 2 months are very short period to judge any strategy.
Yes it's the same thing with me, I sell 10 x 10 delta IC $50 wide at the open every day in my paper trading account. My account is up huge after 1 month. I wish I could say the same about my cash account. I am my own worst enemy it seems
Thank you team. . . Very helpful . ..
He is doing exactly what I do....most of the time its a home run.......kind of sorry to see him explain it to everyone BUT the market is big so I guess it doesn't matter.
Why ? Because it works ?
@@d.6158 yup....no one wants their goldmine exposed to the world.
Selfish
I still don’t understand what he’s doing lol
🤑🤑🤑
35K trades in a year is too high frequency! It's a ridiculous and silly strategy. He makes money only because commissions are included in the spread to get in and out the trades. It's a don't try this at home strategy.
I think Tom wanted to adopt him as a son
I wish there was a simple explanation of this for us dummies lol😂
THIS GUY KNOWS HIS STUFF!!!
Pure genius
Deserves full success
Normal folks can’t do this. You need skill & bravity
Well done mate!!!
The successor to Karen, The Super Trader, Did she get prison time?
He seems to be brilliant and very well composed.
Normal folks don't make up words.
Can we get a detailed breakdown of this guys exact reading strategy please??! Pretty please?
His RUclips channel is zero day mark
There is any genuine online course available to learn from scratch?
Could anyone explain in detail what strategy he is using to make it work for him ?
I hate to say it, but these “Rising Star” videos aren’t very helpful without specific examples. Most of them seem like they are using gambling / Martingale systems, which will eventually cause massive losses, if not blow their account entirely. This is also super ironic, as no one seems to trade the “Tasty way”, LOL.
Has there ever been a single “Rising Star” that has come on and said, “Yeah, I just sold 45 DTE Strangles and Iron Condors. Took profit at ~50%. Doubled my account in two years.” 😂
If there has, I haven’t seen it!
Nice, Wednesday off seems good strategy, in my experience also mostly Wednesday hasn't been successful day.
Yes, Wednesday statistically can be my losing-est day, mainly due to flatness. I’ve also considered skipping Wednesday.
This is the best definition of gambling, and Tom's eyes light up with the amount of fees he's collecting from this guy gambling. One 20% pullback, and his entire account could be wiped out. Good luck, everyone-YOLO at its finest.
Wish we could see a demo as honestly not sure I get what he is doing
😳 you hold that many positions to expiration on 0 dte?! I’ve been tormented over holding one to expiration and after losing a few times I have stopped doing that.
Absolutely Beautiful, but I couldn’t, I’m a little jealous 😂😂
Motivational. Thanks.
19 minutes 45 : goes from 2000 to 1.5 million, and he admits he ‘put in a little bit from a real estate investment”!
What does "playing crosis" or "crotosis" mean. I've never heard that reference. Mark says it in response to Tom's question about what Delta he uses at around 11:29 timestamp in the video.
its called kurtosis, its a probability and statistics term
Kurtosis refers to the shape of a distribution to be fatter at the tails and narrower near the center as compared to a normal distribution. The impact of high kurtosis is to throw off the broker provided probability analysis. For retail traders not aware of this, it can cause more losses than expected particularly in Iron Condors and Iron butterflys but also with regard to credit spreads. Mark seems to have found a way to exploit this, but it is not obvious to me how he can win so consistently. I would love to see him in operation.
@@jordanfong4255 Thank you, I wasn’t connecting the dots to kurtosis
@@venician2face your explanation is really insightful. I’m also super curious how Mark leverages this so effectively. It would definitely be fascinating to see more of his approach in action. Thanks again for taking the time to explain!
I turned to AI to ask the same question. But thank you for validating I was not alone and being vulnerable enough to ask.
This guy trades almost exactly like me! Amazing
do you get 1 MIL? 🙂
What is strategy? Naked call or put or other ?
Very good video, thanks tom.
machine plugged that hole its done poof gone stop while you have or the machine will take it all back
Mark just awesome, guys. Take a look at his videos, awesome insights❤
What is DTE? Thx
Days to expiration
Days till expiration 0DTE are same day options expiration day, 1DTE expire next day from today's trading date and so on.
Like Sam Altman really cared about a talking database. Market strategy is no longer the domain of humans. Also why would anyone making any kind of serious money spend their limited time talking about it?
seems like a fascinating interview. wish i understood it all. lol
as always, Tom is doing 80% of the talking, and no proof whatsoever that the 'millionaire next star' actually can make money trading
So can someone explain what exactly he is doing?
I also play the 0DTE game and just sell either call or put spreads at around 10 delta.