/biz/ - Business & Finance

>>56382957
Markets can be frustrating. The fucked thing is no matter what you do there is luck involved, e.g. if you had a long equities strat and started out in 2010 you looked like a genius for 10 years straight. Will it work like that the next 10 years? Nobody knows. In the long run there are some things that seem plausibly axiomatic. Stocks go up more often than down for reasons. Government intervention, corporate efficiency, 401k investors dumping money in monthly, etc. So that said your strategy should take stocks going up into account which means you should favor being long. That's the bedrock. Add to that some uncorrelated stuff like options selling, maybe iron condors, calendar spreads, broken wing butterflys on volatility ETPs.
In short, trend follow equities with a long bias. Pick your poison for signals, moving averages, volatility, breakouts, whatever. Just have a system that backtests well and follow it religiously. I'd say run that with maybe 3/5 of your portfolio. With the other 40%, use a systematic premium farming strategy. Sell iron condors on SPY. Look for situations where SPY is in some kind of range or whatever. As long as it isn't going straight up or down. In that situation definitely don't open an iron condor just to get stopped right out. You want a some amount of volatility so your wings won't be too close together. Maybe look for IV rank at least above 15%. Look for deltas .15 or below on the short legs and open 30-45 days out. Take profit when you're up 50% and stop yourself out if you lose 15% of the premium you received when opening the trade. Never ever let your iron condor go until you reach maximum loss. Always stop out. If IV rank is below 15 consider opening a calendar instead since they are positive vega. And look >>56382878 and >>56382868 for my thoughts on UVXY broken wing butterflys. Just some suggestions. Remember, consistency is key. You are most likely to abandon a strategy right before it makes the biggest profit

>futures

>>55015549
Tomorrow is gonna make the Jackson Hole speech look like negative interest rates and infinite QE. The dump and suffering will be of such magnitude the entire of concept of what a stock ever was will be written out of the entire fabric of history as if they'd never existed

my stocks never pump