Speaking Greeks

After a trader's six-figure loss from a busted options trade, the community's. response reveals exactly why institutions view retail as easy targets.This isn't about feeling good—it's about why "the market is rigged" is the most expensive belief in trading.

Video of my Guest Appearance on ThetaProfits Show:Many options traders dream of going full-time, but could you handle the pressure? After hitting rock bottom, Kirk Durbin made trading his only path forward. In this eye-opening conversation, he reveals the mental battles, financial risks, and strategies that helped him survive as a full-time options trader. Watch now to learn what it really takes to trade for a living!Read a text summary of the interview on Theta Profits: https://www.thetaprofits.com/what-it-takes-to-trade-options-full-time/

Imagine closing a trade, seeing it confirmed in your account, only to receive a shocking broker call the next morning: "That position? It's back—with a $117,000 liability." In this video, we discuss trade busts, the CBOE Rules, and chat with Dale Perryman about his ongoing nightmare with an overnight trade bust.This isn't fear-mongering—it's happening to real traders in our community. Could your account handle a six-figure surprise?======================Get 50% Off Option Omega's Option Backtesting Software https://optionomega.com/register/kirkdurbin

In the most volatile week we've seen in YEARS, one trader lost EVERYTHING when his stop orders failed during that insane 400+-point SPX god candle. I've been chatting with fellow traders and listening to their experiences.Let's review the different types of stops and open Pandora's box of "Algo Stops vs Broker-Resting"Real examplesReal lossesReal solutions======================Get 50% Off Option Omega's Option Backtesting Software https://optionomega.com/register/kirkdurbin

In this (essential) video, special guest, Justin Kay break down how simple statistics can reveal whether your trading strategy has a genuine edge or is just producing random results. 🔍 What you'll learn:• The fundamental statistical concepts every trader needs to know• How to determine if your trading results are skill or just luck• Simple tests to validate your backtesting results• Real examples of statistical analysis applied to options strategies• Common statistical traps that fool retail tradersJustin has a couple of courses going deeper into these topics and how they apply to 1dte trades. To learn more visit:https://academy.optionomega.com/course/1dte-options-crashcoursehttps://academy.optionomega.com/course/advanced-1dte-options-crash-courseSlides: https://speakinggreeks.com/resources/2025_03_22_SpecialKayme_TheProbabilityEdge.pdf============================Get 50% Off Option Omega's Option Backtesting Software https://optionomega.com/register/kirkdurbin

CBOE is implementing Wide Market Protection (WMP) in April 2025. So, what does this mean for retail traders?I break down what this means for retail traders selling options. Will this new feature protect us from extreme slippage or potentially cause more problems?In this video, I analyze: ✅ What Wide Market Protection actually does ✅ The specific thresholds that trigger WMP ✅ How this affects stop losses and market orders ✅ Real-world examples with SPX options ✅ Potential benefits and concerns for retail tradersAfter the implementation of Drill-Through Protection last year, many retail traders saw reduced slippage despite initial concerns. Will WMP have the same positive effect? Share your experiences with significant slippage in the comments below!More Info: https://www.cboe.com/notices/content/?id=53759======================Get 50% Off Option Omega's Option Backtesting Software https://optionomega.com/register/kirkdurbin

Does your trading strategy actually work, or are you just getting lucky? In this Q&A session, we're joined by Mark Anderson, a retail trader turned hedge fund managerMark breaks down the backtesting process in plain English – from choosing the right parameters, making sure your test isn't lying to you, and avoiding the common pitfalls that make most retail backtests completely worthless. ---------Mark's YouTube: https://www.youtube.com/@zerodaymarkMastro's X: https://x.com/routinetrader---------Join us at https://speakinggreeks.com

February is in the books and the Speaking Greeks Jam Session is here!A solid month with a tough final week and a wild end-of-month trade!Want to join us next time? Hop into the community at SpeakingGreeks.com.☕ https://ko-fi.com/speakinggreeks

Our first Speaking Greeks Jam Session is here! It was a hectic day, so it's a bit of a rough start—but trust me, this was a blast. I’m stoked to do it again in February! Want to join us next time? Hop into the community at SpeakingGreeks.com. ☕ https://ko-fi.com/speakinggreeks

Everyone’s heard the statistic that 90% of day traders fail—but is it true? In this episode of Speaking Greeks, we dive into new research on trader success rates and uncover what sets the consistent winners apart from the rest. Tune in to learn insights that could change your trading journey. Visit us at https://speakinggreeks.com

When markets shut down unexpectedly, options pricing can take a wild turn. In this episode, we dive deep into how options are valued during these closures and what that means for your positions. Learn how volatility and time decay play a bigger role, and how to navigate the uncertainty. Stay ahead of the game—this one’s crucial for options traders. Join Us FREE at https://speakinggreeks.com ☕ https://ko-fi.com/speakinggreeks Sources: https://www.theocc.com/getmedia/8d6a36c6-1aa4-4984-9333-d7b0a6a09be7/unscheduled-market-closings-guide.pdf https://www.isda.org/a/uViDE/hurricane-sandy-guidance-oct-29-2012.pdf https://infomemo.theocc.com/infomemos?date=201210&number=31464 https://cdn.cboe.com/resources/regulation/circulars/regulatory/RG12-147.pdf

There is a "lost generation" when it comes to interest rates, so, how does it effect your trading account? In this episode, we discuss t-bills, interest rates, buying power, and how it all ties together in our everyday trading. If you have questions or want to discuss further with Ed, you can find him at the following: LinkedIn: https://www.linkedin.com/in/ed-kurtz-39bb5933 Email: NotionalEd@gmail.com Discord: notionaled ================================================= Speaking Greeks is a podcast for retail traders, by retail traders. The truth is, retail traders do not relate to professional, institutional traders. Take a look inside the lives of REAL retail traders that utilize their own money to trade and enhance their lifestyles. Join the Speaking Greeks Discord! 👉 https://discord.gg/kQGXnHqWwu Get 50% off Option Omega! 👉 https://optionomega.com/register/kirk... Follow Speaking Greeks on Twitter 👉 https://twitter.com/speakinggreeks The following music was used for this media project: Music: Trap Powerful Intro 16 by TaigaSoundProd Free download: https://filmmusic.io/song/9285-trap-p... License (CC BY 4.0): https://filmmusic.io/standard-license

Dale wears many hats: corporate training, video game production, poker, stand-up comedy, and options education and training We have a great discussion about how he landed in the trading world and we discuss one of his favorite strategies that he is trading today. To learn more about Dale, you can reach him below: https://www.linkedin.com/in/daleperryman/ daleperryman@sbcglobal.net https://www.youtube.com/channel/UCNpPhUPCRcUp--TPuW0Nadw ================================================= Speaking Greeks is a podcast for retail traders, by retail traders. The truth is, retail traders do not relate to professional, institutional traders. Take a look inside the lives of REAL retail traders that utilize their own money to trade and enhance their lifestyles. Join the Speaking Greeks Discord! 👉 https://discord.gg/kQGXnHqWwu Get 50% off Option Omega! 👉 https://optionomega.com/register/kirk... Follow Speaking Greeks on Twitter 👉 https://twitter.com/speakinggreeks The following music was used for this media project: Music: Trap Powerful Intro 16 by TaigaSoundProd Free download: https://filmmusic.io/song/9285-trap-p... License (CC BY 4.0): https://filmmusic.io/standard-license

In this episode, I sit down with NKReddy to discuss his transformation from Software Developer to Hedge Fund Manager and the process involved in starting your own hedge fund. If you are interested in learning more about NKReddy, the hedge fund process, or the details of his fund, you can reach him in the Speaking Greeks Discord at NKReddy or email him at monarchhedgefund@gmail.com ================================================= Speaking Greeks is a podcast for retail traders, by retail traders. The truth is, retail traders do not relate to professional, institutional traders. Take a look inside the lives of REAL retail traders that utilize their own money to trade and enhance their lifestyles. Join the Speaking Greeks Discord! 👉 https://discord.gg/kQGXnHqWwu Get 50% off Option Omega! 👉 https://optionomega.com/register/kirkdurbin Follow Kirk on Twitter 👉 https://twitter.com/@_YOLOgarch Follow Speaking Greeks on Twitter 👉 https://twitter.com/speakinggreeks The following music was used for this media project: Music: Trap Powerful Intro 16 by TaigaSoundProd Free download: https://filmmusic.io/song/9285-trap-powerful-intro-16 License (CC BY 4.0): https://filmmusic.io/standard-license

This week, I chat with Fox (https://twitter.com/foxtweet85) about life as a full-time trader on the opposite side of the world, trading psychology, and the state of financial communities. To learn more and follow up with Fox, shoot him a DM on Twitter at https://twitter.com/foxtweet85 ================================================= Speaking Greeks is a podcast for retail traders, by retail traders. The truth is, retail traders do not relate to professional, institutional traders. Take a look inside the lives of REAL retail traders that utilize their own money to trade and enhance their lifestyles. Join the Speaking Greeks Discord! 👉 https://discord.gg/kQGXnHqWwu Get 50% off Option Omega! 👉 https://optionomega.com/register/kirkdurbin Follow Kirk on Twitter 👉 https://twitter.com/@_YOLOgarch Follow Speaking Greeks on Twitter 👉 https://twitter.com/speakinggreeks The following music was used for this media project: Music: Trap Powerful Intro 16 by TaigaSoundProd Free download: https://filmmusic.io/song/9285-trap-powerful-intro-16 License (CC BY 4.0): https://filmmusic.io/standard-license

Max immigrated to the US in his 20s with the dreams of mastering Wall St. After proving himself, Max climbed the ladder to managing over $20mil at a NY Hedge Fund and is now a retail trader and Account Executive at a large CRM company.  Listen in to hear what parts of trading at an institutional level are the same as the retail level...and what is different. Follow up with Max on Twitter ================================================= Speaking Greeks is a podcast for retail traders, by retail traders. The truth is, retail traders do not relate to professional, institutional traders. Take a look inside the lives of REAL retail traders that utilize their own money to trade and enhance their lifestyles. Join the Speaking Greeks Discord! 👉 https://discord.gg/kQGXnHqWwu Get 50% off Option Omega! 👉 https://optionomega.com/register/kirkdurbin Follow Kirk on Twitter 👉 https://twitter.com/@_YOLOgarch Follow Speaking Greeks on Twitter 👉 https://twitter.com/speakinggreeks The following music was used for this media project: Music: Trap Powerful Intro 16 by TaigaSoundProd Free download: https://filmmusic.io/song/9285-trap-powerful-intro-16 License (CC BY 4.0): https://filmmusic.io/standard-license

April Hamm is an entrepreneur, mom, and full-time trader. We discuss her business ventures and life post-sale, how she became interested in the markets, and her transition to full-time trader. ================================================= Speaking Greeks is a podcast for retail traders, by retail traders. The truth is, retail traders do not relate to professional, institutional traders. Take a look inside the lives of REAL retail traders that utilize their own money to trade and enhance their lifestyles. Join the Speaking Greeks Discord! 👉 https://discord.gg/kQGXnHqWwu Get 50% off Option Omega! 👉 https://optionomega.com/register/kirkdurbin Follow Kirk on Twitter 👉 https://twitter.com/@_YOLOgarch Follow Speaking Greeks on Twitter 👉 https://twitter.com/speakinggreeks

If you have ever searched for 0DTE options information, you definitely have stumbled across the name "Tammy Chambless." Her name has become synonymous with 0dte trading and where many of us have found our start. Join us in this episode where we talk about how Tammy started trading and the evolution of trading strategies and technologies through the years. If you want to follow up with Tammy, you can e-mail her at tamchambless@gmail.com ================================================= Speaking Greeks is a podcast for retail traders, by retail traders. The truth is, retail traders do not relate to professional, institutional traders. Take a look inside the lives of REAL retail traders that utilize their own money to trade and enhance their lifestyles. Join the Speaking Greeks Discord! 👉 https://discord.gg/kQGXnHqWwu Get 50% off Option Omega! 👉 https://optionomega.com/register/kirkdurbin Follow Kirk on Twitter 👉 https://twitter.com/@_YOLOgarch Follow Speaking Greeks on Twitter 👉 https://twitter.com/speakinggreeks

Options Vic has been trading in the retail space for over 15 years and joins us to discuss his life as a retail trader, how it will change as he approaches retirement, and creating a strong foundation to set your children up for success. You can follow up with Option Vic on Twitter at https://twitter.com/optionsvic ================================================= Speaking Greeks is a podcast for retail traders, by retail traders. The truth is, retail traders do not relate to professional, institutional traders. Take a look inside the lives of REAL retail traders that utilize their own money to trade and enhance their lifestyles. Join the Speaking Greeks Discord! 👉 https://discord.gg/kQGXnHqWwu Get 50% off Option Omega! 👉 https://optionomega.com/register/kirkdurbin Follow Kirk on Twitter 👉 https://twitter.com/@_YOLOgarch Follow Speaking Greeks on Twitter 👉 https://twitter.com/speakinggreeks

This week, we discuss Futures and Commodities trading with Oynax. We go over the details of life as a full-time retail trader and part-time hedge fund analyst. You can follow Oynax on Twitter here 👉 https://twitter.com/0ynax ================================================= Speaking Greeks is a podcast for retail traders, by retail traders. The truth is, retail traders do not relate to professional, institutional traders. Take a look inside the lives of REAL retail traders that utilize their own money to trade and enhance their lifestyles. Join the Speaking Greeks Discord! 👉 https://discord.gg/kQGXnHqWwu Get 50% off Option Omega! 👉 https://optionomega.com/register/kirkdurbin Follow Kirk on Twitter 👉 https://twitter.com/@_YOLOgarch Follow Speaking Greeks on Twitter 👉 https://twitter.com/speakinggreeks