Two Sides of FI How Options Trading Led this Engineer to Financial Independence in His 30s
Dec 1, 2024
David Sun, an electrical engineer turned hedge fund manager, achieved financial independence in his 30s through options trading. He shares how he stumbled into this world during the 2008 financial crisis and established a hedge fund within a decade. David discusses building a trading community through his podcast, The Tradebusters, and emphasizes the importance of risk management in options trading. Discover how options can complement a FIRE portfolio and the value of disciplined strategies for long-term financial growth.
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From Engineer to Options Trader
- David Sun, an electrical engineer, learned options trading from a grad school friend.
- Early success selling puts during a market downturn led him to overestimate his abilities.
Rekindled Passion and Hedge Fund Launch
- After a period of reflection, a colleague's interest reignited David's trading passion.
- He discovered Tastytrade, an online options community, which enhanced his learning and led him to start a hedge fund.
Engineer's Mind
- Options trading attracts engineers due to its mathematical nature.
- David's interest in options grew organically, unintentionally leading him to hedge fund management.