ADVICE FROM TOM

Tom interviews with StartingUp Now to discuss what it takes to be a successful entrepreneur!

Watch Pt 1 & 2!

Love Letters Viewer Emails

Changing Lives

Dear Tom & Tony,

Thank you for the tremendous work you have been doing over the years, you have really changed my life. Not only in the trading, business and risk assessment but also developed the skill to stick with something and keep working, learning and grinding for the long run(life) to make it work. It's a pretty amazing process to build something based on your own actions, and sticking with strategies that you and the team developed.

2016 Results:
A major drop at the beginning of the year... Earnings Play LinkedIn - Way Too big. (dropped almost 50% after earnings as you might recall) At the time I was reading all kinds of stuff from different sources on how to trade options... and after this big mistake I told myself to either quit OR continue with just one source on how to trade options to make the money back. (it was around 50K, big chunk of my well earned savings, so this event was pretty scary) Well, after studying you guys 3/4 hours a day ever since, the results speak for themselves :-) Not there yet, but it's working, was up 41% from the low in February right before the trump rally.

Booked a ticket last week from Amsterdam to personally introduce you to some delicious Dutch treats during the Philadelphia event. Providing you guys with overseas treats is the least I could do. ;-)

Happy New Year and good luck with the launch of tastyworks!

Tom B.

Undergraduate Hotelschool Student (if a waiter can do this, anyone can ;) )

Continuing to Raise The Bar!

Years ago I had the privilege of speaking to a group and was asked to do a bit of an inspirational type thing. I spoke about a man who owned a small sandwich place open for breakfast and lunch. He always did more than his customers paid for and in addition to that, he always offered his guests friendship and courtesy. He remembered me once when I went in
for lunch after having moved away for several years. I talked about his being a leader in his business community and a number of other things unique to him. I concluded by saying that Mr. Vega is successful not because of what he sells, but because of what he gives away. Listening to you talk about what you are offering your customers this morning reminded me of Mr. Vega and that occasion. Your company is the same - successful not because of what you sell, but because of what you give away.

Thank you.

Craig

(2 YEARS FREE Bob the Trader Subscription for tastyworks account holders!)

Thanks For a Great 2016

Guys:

After paying the equivalent of 2 Teslas and a Harvard MBA in 2013-14 I think I’ve stabilized and am in the Tasty Nation success column.

2015: 12% ROC net

2016: (all numbers are net of fees)

Futures: 18 winners and 5 losers - 78%

LESSON: Stay small and wait till you are right.

Options, etc: 56 winners and 22 losers - 72%

LESSON: Stay small, trade often and manage at 50% profit, or less based on time held.

ROC as of 7 AM today 49.5%

WOW,

I love you guys :-)

SEE YOU IN HOUSTON

Best,

Jay

2 Years FREE of Bob the Trader?

You guys never cease to amaze.....I applaud thee!

Joe's two cents

I'm Still Listening!

Hi Tom and Tony,

I heard a question the other day about what percentage of people continue to listen to you that started way back with you. Hence I am writing. I want to let you know that I continue to trade with you every day. You guys are my trading partners. I don't usually call because everything has been good and I just have not had any questions.I have had a fantastic year in spite of being somewhat short most of the time. One great lesson I have learnt from you is "stay small". By staying small, I am able to throw more capital in when I am big time wrong. This helps me not to fight the market too much .

I want to thank you both for everything you do. Thanks to you, I have had a fantastic year.

Keep up the good work. All the best for tastyworks

Peace!
Maya

Dr. Data

I loved his presentation this am. There was more usable info in that 15 minute segment than what CNBC has shown since their inception. I can personally remember at least 3 500-year rains in the last 20 years, another perfect example.
  
Click here to see Dr. Data's [presentation](https://www.tastytrade.com/tt/shows/the-skinny-on-options-data-science/episodes/outlier-detection-12-22-2016)!

Joe
Peace

Teaching Old Dogs New Tricks...

Hey guys,

Just want to share a little story. I had a conversation with one of my co-workers the other day who works in the wealth advisory division of the firm I'm at. I work in the public accounting division of the firm. Anyhow, I was discussing portfolio management with this individual who has been in the industry for probably close to 20 years, 10 of those years with Vanguard prior to his current role. I'm 24, and not in the business of managing money but I was teaching him what probabilities are within the marketplace. His reply was that I need to be careful with all the leverage I'm using and I had to explain that the funds in which he is investing clients in are using 2 to 3 times the leverage I'm using. I had to explain what the greeks mean. I explained how selling puts with 2 times the notional exposure outperforms long stock with a lower standard deviation of risk. I explained that the globally diversified portfolios they use are not truly diversified because of the strong correlations. The conversation went further but I continue to be blown away that people pay people such as this individual to manage their money and are satisfied with 4% returns in bull markets before fees. I have had these conversations with people before and people have asked me to manage their money, even just at 24 but like you guys, I don't have much of an interest in that. The moral is the research tastytrade does is so advanced from where everyone is at I feel significantly advantaged and I don't know if the rest of the industry will ever catch up if tastytrade continues to raise the bar. Although I have a full time job, I also consider myself a full time trader even though I don't yet have enough capital in my account to make a living off of. I do have confidence that what you release with tasty works will allow myself and others to get there faster. I enjoy the discussions about entrepreneurship the most as I see myself taking that risk sometime in the future.

I look forward to continue learning alongside the tastytrade team and I'll see you guys at the Chicago show in January.

Peace,

Brady

Elevating My Knowledge...

Tom/Tony,

I just wanted to say thank your for all that you do. I have learned so much from you guys since joining tastytrade in October 2015. The content you provide has elevated my options and trading knowledge to a level that has far surpassed anything I previously learned in my prior 3 years of option education and trading. I have attended Tom's events in NYC at the Traders Expo and the TD market event and look forward to seeing you both on the 2017 tour when you return to New York.

Happy Holidays to both of you.

Dan

Superb Service

BTW, your customer service rocks. EVERY single interaction I've had with these folks has been a superb experience. Mind you, I'm generally an a**hole and rarely use any company's customer support. I jump through hoops to avoid it. They are usually morons and in no way helpful, across the board. Whereas I enjoy dealing with your people. Knowledgeable, prompt, just plain a pleasant experience every time. So please give them an attaboy...

Tony L

Can't Wait for 2017

Hi Guys:

Long time no check in. I'm actually an attorney by profession; I started a new job this past August, so I've had less time to devote to trading, though I have been reasonably active, and sticking to the TT basics I learned.

The results since trading a la TT since around January '14 are as follows:

63% total return, which comes to about 17.85% annualized. The key thing is that I used only a fraction of the buying power in a six figure (portfolio margin) account. Even with the inevitable "problem children," this is pretty respectable given how little risk I took, relatively speaking.

By way of comparison, over this same time frame the S&P returned (including reinvested dividends) about 25.5%, or 8.36%.

More than double the return with a fraction of the risk. That certainly deserves a rather large THANK YOU.

Happy Hanukah, Merry Christmas, and Happy New Year. I look forward to hearing about the new brokerage and having the time to check out the show again.

--
All the best,
DAL

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