Roland became interested in the stock market when the Pandemic Crash offered a buying opportunity.
“I joined trading with all the other millennials in early 2020,” he said with a laugh.
Roland was intrigued by the idea of creating a stream of income via options trading, similar to his experience in the real estate market, and dove into options education.
After having already completed two options courses, a friend convinced Roland to try Option Alpha’s free online courses, and he was impressed by the quality of the content.
“Option Alpha provides better education than its competitors, and they don’t charge anything. Plus, the information is very actionable.”
Option Alpha’s courses finally made the information clear enough so that he was confident he was ready to trade. He used Option Alpha’s lessons to understand the nuances of options trading and learn different strategies. As soon as autotrading access was available, he was “all in” and excited to test the platform.
“The bots are consistent”
Roland took the time to carefully set up his bots so that he doesn’t feel the need to react emotionally during a trade anymore.
“The bots are awesome. They have rules, and they follow the rules. Whereas I tend to make a lot of mistakes because I get anxious.”
Bots have helped Roland “simplify” his strategies and focus on high-quality trades and execution.
“Now, I can analyze my bots’ results to find the most successful strategies. Automation helps me scale my portfolio much quicker once I’ve identified what works best.”
“The ability to ‘download’ someone's strategy is INCREDIBLE”
Roland doesn’t know a lot of options traders, so the platform’s Community is a significant advantage, especially template cloning.
“I can clone bot designs, and I don’t have to remember all the inputs, rules, and processes. It’s like instantly adding their years of experience to my portfolio with the click of a button.”
It has accelerated Roland’s performance much faster than having to create all of the strategies from scratch.
“It’s such an advantage. You can’t pay for that!”
“You guys are doing incredible things”
The bots’ emotionless and consistent trading has helped Roland steadily grow his account. Before automated trading, he experienced much more volatile returns.
“I lost money because I wasn’t following my rules. I don’t have to worry about that now. Bots are like an employee that contributes to the household income while I work a full-time job.”
Roland is using bots to trade the broad market and has allocated a portion of his capital to autotrading, but he loves that he can still trade his discretionary strategies as well.
“It’s great because I can take trades outside the platform whenever I want. But I can rely on the bots to automate my systematic strategies and create consistent cash flow.”