Clear and Straightforward Learning with Tastytrade
I found the 'Mike and his whiteboard' series from tastytrade to be an excellent resource for understanding the basics of options mechanics and strategies. It's very straightforward and ideal for beginners looking to get a solid grounding without the fluff.
I've been using tastytrade for my options trading and found their $1 per leg up to a max of $10 and $0 to close policy quite beneficial, especially for keeping costs low. The platform has been less profitable in the last six months due to a low VIX, but adjusting the spreads can help increase profits. It's crucial to trade liquid assets like SPY and have clear exit rules, possibly automated, to minimize screen time. Overall, tastytrade offers a good balance of cost-efficiency and functionality for regular traders.
If you're into options trading, Tastytrade might be the platform for you. They offer excellent support for complex option strategies, which is ideal for traders looking to engage more deeply in options. While the comment hints at the high-risk nature of options trading, the support provided by Tastytrade can be a valuable tool for those experienced in this area.
I've been using TastyTrade here in Europe and I'm quite satisfied with their services. As a US broker, they offer very competitive fees for options trading. Additionally, it's a huge plus that they provide real-time quotes without any need for a subscription. Highly recommend for those looking into options trading!
I recently switched to TastyTrade from Robinhood, primarily for options trading. Initially, I assumed a margin account was necessary, similar to my previous platform. However, I'm considering switching to a cash account with TastyTrade to avoid the pattern day trader (PTD) limits, especially since I don't often engage in 0-day trades. So far, the flexibility and options at TastyTrade seem promising.
Tastytrade offers a remarkably flexible platform for options trading, especially for those with smaller portfolios. With just $2,000, you can open an account and have the freedom to sell within your buying power without the stringent requirements seen in other brokers like Fidelity. The platform not only allows you to trade freely but also provides useful information with each trade, enhancing the trading experience. Additionally, following Tastylive and Tony's trades can serve as a great introduction to the platform. Overall, Tastytrade is ideal for those looking to actively manage their options trading with ease and access to helpful resources.
As a casual investor under 21, I've been using Tastytrade due to age restrictions. The platform's transfer process is a bit slow, taking about 3-4 days, and the fees could be better. While I prefer buying shares over dealing with options due to their complexity and risk, Tastytrade does offer a stable platform for those who want to engage in more sophisticated trading strategies. It's a decent choice for young investors who are just starting out, though it might not be the best for those who prefer a simpler, more straightforward investing approach.
Tastylive, part of the Tastytrade network, is an excellent resource for anyone interested in learning about options, multi-leg strategies, and managing risk. It provides comprehensive and detailed information that is great for both beginners and experienced traders.
I've been tuning into the 0 DTE market measures on tastytrade, especially their Tuesday sessions where they present studies from their research team. It's pretty interesting and offers a good mix of volatility insights and trading strategies. Definitely worth watching if you're into trading SPX or dealing with volatile markets.
While I don't follow their trading strategies to the letter, I've found tastytrade to be an excellent resource for learning about trading. Their content is rich and informative, providing a solid foundation for anyone looking to understand the complexities of trading.
While tastytrade offers options trading education, it seems to only scratch the surface, particularly for more intricate trading strategies. The videos don't delve into the complexities of how margin rates affect put prices, which can be crucial for making informed trading decisions. This might leave viewers underprepared for real-world trading scenarios.
I had a positive experience with TastyTrade when they proactively closed my NVDA call spreads at a minimal cost, which ultimately saved me from potential losses. Their timely intervention shows they're on top of risk management, ensuring their clients' positions are secure.
While TastyTrade has a good reputation, especially for their educational resources, there's a concern about their clearinghouse, Apex, which might freeze trading during high volatility events. This could be a potential downside for traders looking for stability in critical times.
While Tastytrade is accessible, I find the platform's interface quite confusing, especially when it comes to depositing funds. It's not very intuitive, and I struggle to understand the process.
If you're looking to dive into the world of options trading, TastyTrade on Facebook is a great place to start. The community is filled with good and knowledgeable traders who are ready to share their insights and experiences. It's a valuable resource for anyone interested in learning more about trading strategies and market dynamics.
I have mixed feelings about Tastytrade. While I find Vecchio's insights valuable and sensible, I'm less impressed with other aspects of their offerings. Dylan doesn't seem to contribute meaningfully to discussions, and I feel that Tom and Tony, despite their experience, often waste time on less relevant content. Although I've stopped watching Tastylive due to these issues, I continue to use the Tastytrade platform, which I still find useful and like.
tastytrade seems to have a limitation when it comes to placing orders for options. Unlike other platforms like Etrade, tastytrade restricts market orders to stocks, ETFs, and single-leg equity options only. This could be a significant drawback for traders who prefer more flexibility and variety in order execution types for complex trades.
I've found tastytrade to be a great source of learning, especially if you're looking to dive deeper into trading concepts. They might be a bit advanced for beginners, but for those with some experience, it's a valuable resource.
I recently experienced a significant improvement in the TastyTrade desktop app (v2.12.11) which now allows for placing complex futures options orders seamlessly. Previously, there were error messages and limitations, but as of last week, these issues seem to have been resolved across all platforms including web and mobile. The ability to execute complex 4-leg orders without a hitch has truly enhanced my trading experience. However, I did notice that the release notes were not updated, and although the support team was responsive, there's still room for improvement in communication. I'm also looking forward to future updates that might include bracket orders or trailing stop losses for futures positions.
Tastytrade offers a unique feature that allows users to view the daily pre-market candle before the market opens. This is incredibly useful for traders like myself who rely on understanding where certain moving averages are positioned to plan day trades effectively before the 9:30 AM market open. It's a game-changer for pre-market preparations.
As someone who has used multiple brokerage platforms, I find Tastytrade to be a decent choice among others like Robinhood and Schwab. It seems to hold its own, providing a satisfactory trading experience. If you're considering different platforms, Tastytrade could be worth a try.
Unlike some brokers that require you to jump through hoops, Tastytrade offers a straightforward process to get a margin account with a $2000 minimum. They provide access to all their products, making it a hassle-free trading experience.
I've been watching tastytrade videos and their live stream. While I know some people might not be fans, I personally find them extremely educational and I'm learning a lot. Great resource for anyone looking to understand more about trading!
After switching from Power Etrade to TastyTrade a few years ago, I found that TastyTrade allowed me to customize my interface similarly, which made the transition smoother. I was able to set up the same essential columns such as qty, DTE, PL/Day, TrdPrc, and others, although I personally don't find the NetLiq column useful. Overall, TastyTrade provides a flexible and user-friendly platform that caters well to users coming from different trading platforms.
I've been using Tastytrade for options trading and I must say, it's the sexiest platform out there in my opinion. Not only is the interface user-friendly, but the team behind it is fantastic. They are dedicated to educating their users on how to be more active and informed investors. Highly recommend for anyone looking to up their trading game!
I've been using tastytrade for my options trading and find it to be a reliable platform. It's straightforward because all you pay is the premium, which is the maximum you can lose, making it a transparent and predictable option. Highly recommend for those looking into trading options in the UK.
Tastytrade, known for its trading platform and the creation of the Tos platform, offers a unique blend of educational content and live streaming through Tastylive. The platform streams live just before market hours, focusing more on educating its users rather than just providing trade signals. While the content is readily available on the web and some on YouTube, the cost might be a concern for some as it requires an email signup, which might be a bit pricey for what it offers.
Mixed Feelings on TastyTrade's Usability and Features
As someone relatively new to trading platforms, I've found TastyTrade to be superior to IBKR in terms of usability and fewer bugs. However, TastyTrade lacks some functionalities like charting specific options, which IBKR offers. While TastyTrade allows for strategies like selling puts which IBKR restricts based on skill categorization, it falls short by not offering ISA accounts in the UK, which is a significant downside for me. Overall, TastyTrade feels more modern compared to the traditional feel of IBKR, aligning slightly more with the ease of newer banks.
As a US citizen living in the EU, I was disappointed to find out that TastyTrade does not cater to my demographic. While searching for platforms that allow US expats to trade, I discovered that only Interactive Brokers and TradeStation are viable options, with TradeStation even offering US ETFs to EU citizens. It's a significant limitation for those in similar situations as mine.
The liquidity on Tastytrade is quite poor, and the spreads are frustratingly wide, making it difficult to execute trades effectively. Additionally, the inability to short Bitcoin on the platform is a significant limitation for traders looking for more versatile trading strategies.
While using TastyTrade, I've found it difficult to determine the exact amount of buying power available without going into margin. The platform doesn't clearly display how much of your buying power can be used safely without risking margin call, which is crucial information for managing risk effectively. This lack of clear, upfront information can be a significant drawback for traders trying to avoid margin.
TastyTrade not only supports day trading but also offers a diverse range of trading options including cryptocurrencies and stocks. Additionally, its capability to integrate with TradingView and support for algorithmic trading makes it a highly versatile platform for various trading strategies.
I've been using Tastytrade primarily for options trading, and I must say, it's fantastic. The mobile app is even better than IBKR's, which was a huge plus for me due to my tight schedule. However, it's important to note that it only operates with dollars, which might be a limitation for some. Trading options while at work proved to be nearly impossible, and it consumed so much of my life that I even dreamt about numbers and stock markets. It might not be for everyone, but for those who can handle the intensity, Tastytrade is excellent.
I've been using TastyTrade primarily for options trading and it has served me well. It seems to be specifically built for this purpose. Overall, a reliable choice if you're into options.
I've found that tastytrade has significantly higher fees compared to others, making it less appealing. While it's my second choice after IBKR, the fees are a big downside.
As an active investor, particularly in options and futures, I've found TastyTrade to be an excellent choice. The platform caters well to those who need robust trading tools and are involved in frequent trading. While it's perfect for someone like me, it might not be the best fit for passive investors focused solely on index funds for retirement. It's all about finding the right tool that fits your investment style.
Confusing Interface and Questionable Strategy Advice
The platform seems to provide information that is either useless or confusing, particularly when it comes to picking options. It suggests using Delta, but the process isn't clear or straightforward. Additionally, the strategy advice, like buying options, seems to be hinted at as a losing strategy, which doesn't inspire confidence for traders.