$1K to $1Mil Challenge - My EXACT Trading Strategy

You ask, I answer! How can we trade in a way that we can get disproportionate returns for limited risk? Welcome to the (Burkett-ized) Barbell Strategy!

We steal a winning strategy from Hedge Fund and Philosophy legend Nicholas Nassim Taleb, which he operates on a monthly basis. Since buying calls and puts require massive, quick moves. We boil that down to 1 Day to Expiration (1 DTE) Strangles, and eventually straddles. What does this do for us?
1. Limits downside risk
2. Undefined upside returns WHEN we get the moves that we need, either direction.

As the account grows, we want to buy calls and puts at the exact same point (aka a straddle) due to its increased chance of profit and substantially higher payout. These do cost more, so we have to scale up to get there. Once these are in reach, we add more contracts but always limit our exposure to at maximum 10% of our portfolio value at any given time.

Have questions? feel free to leave a comment below and I will build my next video around it!

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My brokerage: https://start.tastytrade.com/#/login?referralCode=SBGTAESDGV

Worthwhile read: Anti-Fragile by Nassim Taleb