SMB's Options Class: bit.ly/45xh2Mj

I Hit 34k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Louise O'Brien for helping me achieve this ..

@RyanMaverick4

2 күн бұрын

You trade with Louise O'Brien too? Wow that woman has been a blessing to me and my family.

@AveryBrice-b

2 күн бұрын

That woman has changed my life for good. I attended her investment class couple of weeks last year and she’s the best when it comes for Guidance.

@FarayelAlfie9

2 күн бұрын

I'm new at this, please how can I reach her?

@RaelynnGrayson2

2 күн бұрын

I'm happy to see Louise O'Brien mentioned here, my husband recommended her to me when I was in Germany during Covid, she's amazing.

@DerekErskine1

2 күн бұрын

I was skeptical at first till I decided to try. It's huge returns is awesome. I can't say much

I'm an aspiring trader who would rather learn from other traders' experience than investing in the market myself, in anticipation of the next bull run. What are your thoughts on copy trading as well? Do individuals actually earn a living? Just trying to get some reassurance. I want to have a healthy portfolio worth at least $850,000. Reliable inputs please.

@frankedwardark

3 күн бұрын

The strategies are quite rigorous for the regular. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

@Vivienedouglass

3 күн бұрын

I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.

@AmithKaury

3 күн бұрын

I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?

@Vivienedouglass

3 күн бұрын

MICHELE KATHERINE SINGH is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@AmithKaury

3 күн бұрын

Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.

I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Elizabeth Wesley.

@Markchampion631

4 күн бұрын

Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been superb

@WaldemarAger374

4 күн бұрын

You trade with Elizabeth Wesley too? Wow that woman has been a blessing to me and my family.

@Donnawilson736

4 күн бұрын

She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

@GeorgeBailey387

4 күн бұрын

I'm new at this, please how can I reach her?

@LeahRoberts618

4 күн бұрын

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

Sir Ronal’ has offered profits to investors who wish to recover losses including myself and it’s a great honor to be part of them 🥳

@johnmanny760

7 күн бұрын

he’s mostly on Telegrams, using the user.

@johnmanny760

7 күн бұрын

@R o n a l f x 2.

@chandrakantsoni8967

6 күн бұрын

His technical analysis is excellent and his interpretation/projections of the market are so accurate’ The point is Ronal’ is the perfect trader to follow for advice and guidance

@danielhulljames7818

6 күн бұрын

Ronal’ strategy has normalized winning trades for me and it’s a huge milestone for me looking back to how it all started.

@geraldmark7291

6 күн бұрын

May Allah bless Ronal’ for his help. I’m glad my doubts have been cleared, and i received my profit from last week’s investment. Keep up the great work

I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Katherine Flores

@emilydonovan399

9 күн бұрын

I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...

@Raymond270

9 күн бұрын

She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

@lindabella127

9 күн бұрын

Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading

@gabbysimon151

9 күн бұрын

As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.

@dennismarkson

9 күн бұрын

The first time we had tried, we invested $1400 and after a week we received $5,230. That really helped us a lot to pay our bills.

*Quick Survey #13:* For your shared investing ideas, what do you think will be the next Apple/Microsoft in terms of growth?

@herbertAnderson534

8 күн бұрын

None for now. It's getting harder to predict market trends post covid, the market can go down anytime and eat your whole deposit.. Sadly, 0% rates pushing everyone back into the market.

@ANTHONY_esq

8 күн бұрын

I mean no disrespect but you are wrong... Believe it or not, the market isn't as bad as some people have made it look... Companies are making record profits... As a beginner investor who knows next to nothing, I have made over $30k net profit in a few months... I was retrenched recently, and I am using these resources to keep body and soul together.

@herbertAnderson534

8 күн бұрын

Hi Anthony, your profit margin is quite impressive for a beginner. Good for you!!!! can you share your spreadsheet or investing journal?? inadvertently, i sold a boatload of my portfolio recently.

@ANTHONY_esq

8 күн бұрын

I have never drawn up a spreadsheet or trading journal, it's of no relevance to me... I simply follow Kelly Matwick's investing instructions and guidance... You can look her up she's a certified FA.

@randolphwagner7658

8 күн бұрын

Tsla has beaten both Apple and Microsoft in 3 months, 6 months, 1 year, 5 years and 10 years charts. BTW, kelly Matwick is by far my favorite female advisor because of her honesty.

Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Sandy Barclays, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

@HajnalBeck

9 күн бұрын

Sandy Barclays program is widely available online..

@bongogames3992

9 күн бұрын

Exploring new investment opportunities demonstrates your proactive stance towards financial growth during these volatile times. Diversifying your portfolio can play a crucial role in effectiveIy mitigating risks..

@loslingus3583

9 күн бұрын

I think you basically just have to research and study what kind of assets you want to Invest in..

@lihlacerda

9 күн бұрын

Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Sandy insights. It's akin to finding a diamond in a coal mine.

@sophiepascoe

9 күн бұрын

Indeed, the recent market downturn serves as evidence that a vast majority of individuals lacked a sufficient understanding of the underlying financial dynamics at play.

It's good to hear Seth talk about approaching trading with caution. For newbies, IMO far too many previous videos have been excellent, except for the fact that they don't stress the risk of loss enough. He's even talked about the psychological hazards in trading in this one, which are very, very real. I underestimated this aspect of things initially, but later realized this is a key factor in trading. Good job Seth!

@AL_goTrader

10 күн бұрын

If you took a course with SMB. It shows you step by step and adding risk. Paper trading and adding risk. Seth is the best.

Outstanding Commentary!!! Priceless!!! Thank You!!!

I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.

@sakuracriticacorreooficial6907

8 күн бұрын

I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills

@pedroAgondel

8 күн бұрын

The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.

@agathacolleen

8 күн бұрын

I'm new at this, please how can I reach her?

@masterotrunks

8 күн бұрын

Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading

@TaggeGust

8 күн бұрын

she's mostly on Instagrams, using the user name

Nice video, I have been doing this for about 7 months now started at 1 lots and compounding my way up, I have also been running different DTEs on the short and long options. in the same iron butterfly, like a calendar spread. Improving the difference in Theta, and reducing the difference in Delta.

@korlik2142

7 күн бұрын

I’m doing this in weeklies, neting about 1k a week for every 5k margin call. not too shabby…I’m studying to apply this same strategy in SOXL and NVDL etfs, they are cash settle and the IV is huge so more profits, but of course more downsides.

This was a REALLY (!!) good video. You stressed the important parts and you did so repeatedly. Also this video applies to all traders and investors, regardless the item being traded/invested in. This is a outstanding video that you should recommend 1st before the 'I teach you about what options are' class video that you always mention about 2min in.

One of your best video’s, Seth.

Great content… thanks for the video

Seth, I have been trading options for about a year now. I've made some mistakes along the way And have lost some money as well. But this iron butterfly has been my latest strategy for the past 3 weeks now. And seems to be working very well. I think I'll stick with it for a while. And thanks for the video.

@knm185

11 күн бұрын

Do you use the spx only?

@theronroberts5573

9 күн бұрын

@@knm185 I'm using the /ES mini until I get my account back up to $25,000. I've got about 2,500 to reach 25k . I will need a bit more to give myself a cushion. But Then I will use both the ES and the SPX.

@markschellhammer4663

3 күн бұрын

When do you enter the trade? What is your ATM strike? Since SPX can move dramatically at open, do you just use the open price? Or do you wait until, say, 10am for the market to settle a bit and then enter the trade?

Beautiful. I'll start this Monday with one contract on paper first then live if everything works out. Thank you much.

@tdiler12

10 күн бұрын

perhaps try live $ with the mini SPX first,(XSP) The big boy SPX at 10x the leverage can be a painful lesson.

@douglasteachout1958

9 күн бұрын

@@tdiler12Be careful of reduced liquidity with XSP.

@tdiler12

8 күн бұрын

@@douglasteachout1958 Fine point. She s no SPY.

This is gold. Thank you!

Another very good realistic presentation, especially the point on psychology. I keep making money with covered calls, but volatility of market on underlying assets is nerve wrecking. Slowly and calmly learning my mistakes, making corrections, MORE FULLY. appreciating diversity rule, SLOWLY making progress. The psychology part of this presentation is the best info you’ve given in all your presentations.

If want to make 1000 week trading options, start with 2000 a week,

@randythayer8440

10 күн бұрын

Sounds like a person with an L on their forehead!

@markschellhammer4663

3 күн бұрын

Soon you too will be at $500 a month!!😂

@raysteel6317

3 күн бұрын

@@markschellhammer4663 Almost there!! 😆

Many thanks for the valuable input. How are the profit target and stoploss defined for this trade? Or is this part of your training program?

Many thanks😊

does anyone know the time of day this trade was executed in back testing?

it would be wonderful to discuss stops

Excellent learning platform.

The most important info is to know which Stoploss and profit target you set ? How can you paper trade it when you do no know the exact parameters ? And also, do you always take the loss when the SL is hit or do you adjust ? Thanks for clarifying that

Can you please let us know, what's certain profit and loss stops you mentioned multiple times here, thanks?

did something similar with just a 0dte-straddle. Problem I was having that the moment when it was working, 1 or 2 days later the IV increased, making the price of the option x3~x6 which broke the statistics/profit. Maybe gonna improve it, got a feeling the option pricing/iv has a delay compared to market vola. IV can be low going into earnings-week (experienced this), and probably IV can be high a while after. Backtesting it with 2 hours in, and trying to exit atm before expiration is also a nice idea. tnx

We can trade XSP for small account

Can you share what's the exit criteria to cut the positions..

Seth = OG Options Daddy, always dropping gems of pure wisdom and logic 🙏🏻🙏🏻

Would you place this trade at the open? Or would you wait for, say, 1/2 hour to let the market settle, then place the order?

It would be interesting to know what we’re the common themes of the months that lost money. Higher VIX, earnings, etc?

This works great in a consolidating market. Ask yourself, is this market trending or consolidating?

@ninjazzrhythm400

11 күн бұрын

you're talking in general? META, INTC and AMD looks like its in consolidation

@rsbmg

11 күн бұрын

The market can trend and consolidate at the same time. Depends on the timeframe.

I been backtesting this strategy for the last week and it’s been netting a little over 1k every day letting this trade exp. 1 lot risking 4-5k to make about 2700. Crazy how it’s been green every day letting the trade exp

@markschellhammer4663

3 күн бұрын

When do you enter the trade? At open? Later after it settles down a bit?

@FMD023

3 күн бұрын

@@markschellhammer4663 at open. The video says close out the trade 90 minutes after the trade. When I back tested it, I let the trade expire and every day last week I was in the green there was one day I made $900 profit but every other day was at least 13 $1400 on a one lot Iron Butterfly.

@FMD023

3 күн бұрын

@@markschellhammer4663 starting next week I’m going to back test where I will close the trade once it’s profitable and also let the trade expire at the end of the day to see the difference. Also, would they one lot trade you risking $5000 to potentially making max of 2500- $2600. Also you might not want to run this strategy on CPI days when Powell speaks because the chance of volatility will shoot up. Last Friday was perfect for the trade to let expire. Which would have net you $1800. Also there was not a day where this strategy will net you the max profit of 2500.

Great video! But i would like to know the timing of start this trade in 0 DTE.... May be about midday? Many thanks!

@douglasteachout1958

9 күн бұрын

There is nothing proprietary or novel about an iron butterfly trade. Timing is the single most critical aspect of this type of trade. I used to do this trade mid-morning with ok results. However, if you are not able to babysit the trade you will more than likely get burned bad. If the market moves quickly, an iron butterfly will get crushed. Practice this over many trades to get comfortable.

I find these videos helpful. Critics are good but should provide their superior system or ideas.

@randythayer8440

10 күн бұрын

Sometimes maybe we can even come up with our own ideas.

How did you come up with the put and call you bought in the example? Is there a delta you were shooting for, or was there another guide you used?

@SkylineR34EvoX

11 күн бұрын

Short strike +/- 80 points

Tried this on paper at TOS. First trade took over an hour to fill? Second try is over 30 already to fill?

what is a prop-firm?

Trading daily, what was max drawdown, even in a winning month?

I have been practicing closing these multi leg strategies amd have found it can be quite difficult sometimes. I sent it for market price 5minutes before market close and it didn’t move. 😢

It’s easy for looking at history and making this iron condor. Do you have live stream trading ?

@revaddict

11 күн бұрын

Ic's are known to be highly profitable with regards to options trading

does anyone know what time of day they execute their trades?

Thanks for explaining the strategy, but in order to make this workable in real like, we need to know the time of day, target profit, and stop loss. When do you share the missing pieces? Thanks!

@randythayer8440

10 күн бұрын

As soon as you start doing some of your own homework and stop acting like a baby bird!

I made the same backtest, as you explain in a video. But the result is absolutly different. Possibly you have some additional rules for this strategy

This video could be 30% shorter, and every SMB video doesn't need the lengthy intro, or the explanation of who SMB is.

i tried iron butterfly as he said in another video ( along with adjustment ) and lost 3000 dollars

@zer0gravity184

11 күн бұрын

Damn, I hope that was 'paper' trading.

I would like to see the backtest for other yrs too, like 2022, 2021, 2020...just to make sure it is consistent that you come out ahead, and that 2023 wasn't just an anomaly for some reason.

@peeyotchpipe2257

10 күн бұрын

Backtests before 2022 aren’t going to be very useful, as that’s when every-day expirations were introduced to SPX. The options market changed significantly when that happened.

@randythayer8440

10 күн бұрын

Like Seth said, we can all purchase our own back-testing software or use the broker's.

@KP99

10 күн бұрын

@@randythayer8440 Does every broker offer it? I'm not sure mine (schwab) does

I need your help.

I got to say SMB Capital even though you guys pulled this off it is too risky. If one side of the spread goes south really fast you guys have the capital/collateral to roll out further and still be profitable but the everyday retail trader can not. You guys are in the right direction though but there's some tweaks I do that work for retail.

So, $SPX has had some big swings lately in the afternoon hours, so, what happens when the Long Call or Long PUT go ITM?

@douglasteachout1958

9 күн бұрын

You lose a piece of your Southern Hemisphere anatomy.

@brentdreisbach6829

4 күн бұрын

In Seth's example, he's out after 90 minutes. Don't sit on it all day.

@georgemichael5343

4 күн бұрын

@@brentdreisbach6829 I know, but $SPX can still make a big swing in that 90 min depending on the time of Daly, which wasn’t mentioned in this vid.

even tho this is synthetically the same as a straight butterfly (with all calls or all puts) I find the straight butterfly trades a little cleaner (faster)... maybe it's because its three contracts instead of four?

@randythayer8440

10 күн бұрын

That sounds like one of your short strikes is naked?! Unlimited risk?

Hoping the market stays neutral in the first 90 minutes these days seems generally unlikely. Unless no news at all during the week.

Thanks 🙏 🙏

How do you guys get approved for level 3 options trading? I can’t run an iron butterfly at level 2 on Webull.

@preciousdafe3988

7 күн бұрын

Just use Charles Schwab or IBKR for Options trading. They much easier to get level 2 Options approved.

Am I correct : in this strategy you are opening the buterfly position at the start of the trading session and close it 19 minutes later? So the time in position around 19 minutes? Or you are clising it 19 minutes before the market close?

@fercgv1717

9 күн бұрын

90 mins, not 19. And he does not specify the entry time, but probably won't be at the open

@douglasteachout1958

7 күн бұрын

If you try to trade this at the open, you will get crushed. Most people I know start some time mid-morning.

Is there a free paper trading platform that allows complex option trades like iron butterflies and credit spreads? I can't seem to find one that allows complex trades. Only buying and selling single leg options

@GeorgeP.-um1yp

11 күн бұрын

IBKR or WeBull I think, here in Canada at least

@grltrader

11 күн бұрын

TOS now part of Schwab

Too capital intensive vs. credit spreads (an iron condor). Would rather the spreads close worthless so there's no commission or "day trade."

Why 80 points!? What's the calculation to determine that distance?

@randythayer8440

10 күн бұрын

Arbitrary for amount of risk and credit.

When I backtested this, I found certain days were profitable and others weren't. The system is profitable but I found some losses greatly exceeded my tolerance. Was there a stop loss?

@randythayer8440

10 күн бұрын

Raise your tolerance.

@williamkloss3195

10 күн бұрын

@@randythayer8440 Not a chance.

If this works, why not trade it yourself instead of trying to sell it to clueless traders? Could it be because you can make more money selling your strategy than trading it yourself?

@WorldSpectator705

6 күн бұрын

Okay, how exactly is he "selling it"? If you're talking about making money from youtube hits, as of right now, a week after release, it has only 34K hits, that's nothing in terms of cash generation. The firm probably makes many, many millions of dollars trading, this youtube channel is nothing.

Better off playing blackjack, not even joking. The rate of return in 5 years would be higher.

Aren’t these the folks who had traders trading against each other in house and taking the rake????

Couldn't you also analyze the losing months to see what might be done differently or more optimized to avoid the losses? I also get the gist of the information offered in SMB videos. However, I wish there was more discussion about how losses can occur in these strategies. It's like the videos are all intentionally made to entice with the major "wins" being shown and only a sentence lost on "no strategy always wins". F*ck that. Show me how I can lose to be able to avoid that with this strategy. Answer the question in all your videos - how can the strategy lose? Then I'll be satisfied with watching the videos, because I'd be learning about mistakes, before I make them or rather, I can simply avoid them. If I make the mistake after hearing about what can happen, then that is on me. But, if I make the mistake because I was never warned, that is on you SMB.

@TheDRam3

11 күн бұрын

Something that might work on losing months may not work on winning months. By changing the plan you would change the results for all months since you can’t tell which month is a loser/winner until after the month.

@scottamolinari

11 күн бұрын

@@TheDRam3 That's true. There is always a bit more to it. Trends, current market sentiment, etc. I'm not saying change the strategy completely for all situations, but maybe understanding why there were losses and in which conditions that could be accounted for next time. I believe any strategy can be refined or rather optimized.

Am I missing something? Looks like an iron condor

@russervinsa

11 күн бұрын

In an iron condor, the middle options would be apart. While a butterfly has two middle options at the same price. (two spreads but the middle origin is the same)

@WorldSpectator705

6 күн бұрын

Butterfly's and condor's are similar in that you're betting that price will not go "too high" or "too low". The difference is that the condor has a fixed profit level across a range of closing prices, the butterfly has a center price that represents the peak profit point at close, and the profit amount drops off proportionally from there. If you google it, or go to stockcharts it will explain both in detail.

COEP🎉

I wonder if their channel is one of those place they tell you how to lose money very quickly so you join their Prop Farm. Yeah, i came up with that term, Prop Firm are like farming for people's money so i call it Prop Farm. 😂😂😂😂

Alot of moving parts

Now I just need 30,000+ 😂

@WorldSpectator705

11 күн бұрын

You don't need to trade 10 contracts, you can do just one if you want, so that would require $3,600 in his example.

Post your actual trades, that might be helpful. Otherwise, it's all smoke and mirrors.

how to lose all your money as quickly as possible

@GoldenCurtains

11 күн бұрын

Why

@3000Toon

11 күн бұрын

I have done this it can work but you have to know the days to avoid. Such as Fridays in general and especially when the quarterly expires. Also avoid CPI/FOMC announcements. Also gamma is insane on 0dte you can lose 20-30% in seconds but it usually comes back to being profitable.

@mightywurlitzer

11 күн бұрын

@@GoldenCurtains Because the max loss on this trade is $36k if it closes out past the wing strikes. Although he mentions stop losses and targets, which would presumably limit losses, but doesn't reveal what those are.

@mikep4869

11 күн бұрын

@@mightywurlitzer It would be nice to know what their targets are. Take profit at 90-minutes or 50%, whichever comes first. Stop Loss at 25%??

@KMMIGA74

11 күн бұрын

If you a have a better strategy then please share

Encouraging traders to do 0 DTE is promoting casino gambling mentality, shame on you SMB !

I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Catherine Gauthier.

@JoeSugg-jc7fs

10 күн бұрын

I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...

@JennaMarbles582

10 күн бұрын

She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

@KateBevan-pr2di

10 күн бұрын

Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading.

@barbara.ransom

10 күн бұрын

I'm new at this, please how can I reach her?

@AlfieDeyes5481

10 күн бұрын

The very first time we tried, we invested $1400 and after a week, we received $5230. That really helped us a lot to pay up our bills.