Thank you for your patience! We had a week of no DataDrivenOptions.com. It didn’t help that I was on vacation and wasn’t doing any content for the site, so I didn’t know there was a problem.
A big shout out to those of you who reached out to John Einar Sandvand of ThetaProfits.com to ask about this site. He reached out to me through another communication channel to see what was going on, which is how I found out the site was down. John Einer and his videos are a great resource and I’m grateful that he has chosen to feature trades from this site a few times. He’s also a great guy. He said he had several questions from concerned traders.
If you’ve tried to reach this site in the past week, you probably got an error. It turns out that my domain registration expired, and somehow I didn’t get the message. My email for the site is also tied to the URL domain registration, so it went down as well. I thought I had registration set for auto renew, but something went wrong. It is fixed now and hopefully that won’t happen again.
Hi Carl,
I hope you’re well. I came across your work and was curious whether
you ever see demand from clients or followers to copy your trades. If
that’s the case, I think we could have an interesting conversation. I
recently made a proposal to a client to use the IBKR API to copy its
Iron condor trades to client accounts while allowing them to opt out
or stop the service. My email is julioraulcordal@artificialtech.io
Kind regards,
Julio
Julio- From time to time I get requests from readers to follow what I do, but I think that misses one of the main concepts of the site. The goal of the site is to provide readers with understanding of how the option market works, and how different trades play out in different market environments. With this background, individual traders gain the knowledge to make their own trading decisions- what to trade, when to get in, when to get out, and how to manage with rolls, limits or stops.
I think I’ve been clear in several writings that I’m not a big fan of services where traders follow the direction of a guru trader. Among the reasons is that there is a lag from when a lead trade is being placed until a follower can execute, so conditions can change. Also, different traders have different trading styles, so following someone with a different risk tolerance or different goals can lead to frustration.
I also find that people who try to follow trades on other sites and even from reading this site will change key parameters of the trade for various reasons and then are surprised when the results don’t match what was originally conveyed. I try to explain the trade-offs of choices a trader can make, but a significant number of questions that I receive are related to how a change to a set-up will impact the possible results over time, or how a back test of a different trade gets different results than a trade that was presented in a page.
So, there are lots of people who will gladly take your money to give you new trades every day to follow along, but that isn’t my gig.