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Love Letters Viewer Emails

Already hit my year goal

Tom and Tony,

I started the year at 211,000. Thanks to you and your FREE education I changed my approach and passed this milestone today. I had targeted 260k for Dec, 2017 and made it here in July.

Many ongoing thanks and god willing us Canadians will get into tastyworks soon.

See you in Portland.

Marty

tastytrade is just different!

Bat and Dr. Jim:

This is another reason why most of us should be forever grateful for what you all do at tastytrade and tastyworks. You are literally saving people money and keeping them out of debt.

I was contacted by my in-laws over the weekend. He and his mother paid money to go to this options trading seminar that took place over this past weekend in Boston. She called me asking if I knew about options. She knows I was a former stock broker. She knows absolutely nothing about investing. Zilch.

I said, yes, I know a about it and am learning more every day. She began to tell me how this guy has advanced, technical strategies that guarantees to make them 35% ROC. The speaker said the bubble is about to burst and they need to start buying puts. This was a “nobody knows nothing” moment, but I passed.

She said for an additional $10,000 this guy will show them how to use his advanced strategies and the criteria for which underlying to use. He said he would teach them whatever platform they wanted to use, TOS and even tastyworks, included in this fee.

I let them know I would be glad to help and sit down or talk over the phone with them, whenever they wanted. They kept calling me over the next two days, asking me questions. Each time, I would share with them what I learned from TT and would send them links to TT content, especially WDIS and links to Ryan’s tutorials on tastyworks.

I let them know that all the information tastytrade provides is FREE. I let them know that tastyworks was the easiest platform I ever used and was designed specifically for options trading. Against my PISTA upbringing, I also let them know that the Creator was involved in TOS and now is involved with tastyworks. May PISTA nation forgive me.

They started watching the videos after the seminar was over for the day. They started to realize that they were learning more from 20 minutes of a WDIS video than they received in a full day of this “seminar”.

At the end of the last day, the hard sell was on. They were able to resist due to our discussions and the content they viewed on TT. Others, were not as fortunate. This ***** was actually telling folks to max out their credit cards and start new lines of credit in order to pay for his advanced strategies. This guy is a charlatan!

I will do my best to continue to spread the word of the incredible, FREE content and research. I will do my best to continue to tout tastyworks as the most user-friendly, lowest priced, best quality brokerage firm. I will use this story as a cautionary tale that there are better resources out there who won’t put you in financial detriment, but do the opposite!

On behalf of them, thank you for what you do. Family reunions would have been awkward.

Ryan

My Inner Mechanical Voice

Hey Bat,

Whenever I am debating doing an adjustment or keeping the delta risk, I find myself going well how would Bat react if Nick brought this up to him. I had an $EWZ strangle that went through my call strike and was at the delta range where I usually adjust and I was sitting there going, 'I don't want to adjust, its an index blah blah'-- all excuses. But I realized if Nick had brought this exact positions/situation up to you would've gone, "your puts are under 10 cents and not helping you at all, just adjust the position you johnny and reduce the delta." So I did. It might work it might not, but I was mechanical. So a big thanks to you and Nick for talking/walking through the mechanics all the time.

Peace

Chris M

Knuckleheads

So I was driving home this evening and my kids were in the back seat when all of a sudden my nine-year-old said " Gooooooood mooooorning you Knuckleheads". Your show wasn't even on at the time

You have left an impression :-)

Thanks for what you do

Todd

Thanks For the Pop Up

Hi Tony, and happy birthday,

Wanted to thank you and Tom for hosting the pop-up event last night. It was great to meet you, Tom and some of the other traders. The food and company were great and I know of no other organization that does anything at all similar to that. You are truly reshaping the industry.

Thanks again

Mike

An A-Ha Moment

Tom / Tony -

Wanted to share another A-HA moment that I know is going to make my trading more sustainable. First, a little background. I was one of the traders in the late 90's that spent a lot of money doing seminars. I remember the likes of a number of early workshop companies both good and bad. I remember when XXXX was still with YYYY and just branching out on his own looking for students to counsel. I got a kick out of his story about wanting to be like YYYY on the floor but they gave him AAA so he was known as "AAA". I also made a lot of money with a favorite strategy of one of the institutions - stock splits. I was able to live off the market by January of 2000 but that was short lived because I kept doing the same thing - buying calls on stock split companies. We almost went broke and had to go back and work for a company. Fast forward to about 5 years ago and started doing short diagonal put spreads on weeklys from another advisor. Good theory but whip saw too much sometimes doubling the account in 60 days but also losing 25% in 30 days and blew up the account again.

Now fast forward to 2 years ago to tastytrade and using delta for naked puts and my first A-HA moment of collecting premium and using delta. Didn't always win but didn't blow up the account either and had sustainability with rolling. The macho man inside of me kept experimenting with the weeklys and diagonal because of the incredible gains and trying to figure how to avoid the losses. The second A-HA came in the last few months that when using high IVR and closing a position at a 50% gain I was accomplishing more than what I was trying to accomplish with the weeklys - relatively fast premium reduction and turning the positions relatively fast. Now I'm wondering what took me so long to retrain my brain.

So THANK YOU guys for the A-HA moments and the confidence that this can be sustainable. I'm looking forward to getting enough capital to make this my family's primary source of income and stop being a corporate pawn worrying about what's in the sales pipeline.

Bill B

Helping Me Achieve Goals

Bat,

I would like to personally thank you and Tom, but mostly you, for everything you do on tastytrade! You and your amazing teams have changed the course of my life for the better. I love your personal anecdotes and ways you share your experiences with Nick on how to learn from your mistakes.

My goal right now that I'm completely obsessed with is replacing my income from a job with income from trading and outside opportunities. None of which I would have been brave enough to try without having learned the mechanics and risk taking skills taught to me from tastytrade.

The greatest part of all is that you have helped empower me without asking for a dime.

I know that with persist effort, I'll achieve my goal and grow it into something bigger. In the meantime, I wanted to say thanks for all you do.

Know that your efforts are changing my entire family's course of history! (No pressure) ;-)

Sincerely,

Christopher U.

Staying Mechanical

Good Morning tastytrade,

I am pretty new to options trading. I listen to your show almost every day and I went to the archives and watched all of the WDIS segments with Britt and Dr. Jim. I have learned a lot but am no expert. I have a relatively small account (a little bit larger than a Tasty Bites account) and placed an earnings trade (16 delta strangle) on NVDA that really put a hurting on my P/L. I wasn't sure that I was cut out for options trading but I stuck with it.

I just wanted to tell you that I stayed mechanical, traded small and traded often and as of yesterday I am back with a positive P/L. Thanks for all you do for the individual investor.

Wilson
Atlanta Georgia

Bat vs Bat - Best one yet

Tony,

Your last session with Nick on Friday was perhaps your best. Everything you are teaching him is what all investors need to hear……It hit home with me as I have fallen victim just like Nick. ”stick to the basics”
Have a good week.

John M.

click here to watch the segment!

Love the rants!

OMG i love Tom's rants... seems like its been awhile. I think you guys need to make a segment Tuesday Trashin' or something like that just so he can rant...

Bob W

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