From Electrical Engineer to Hedge Fund Manager, David Sun, previously on TastyTrade as a Rising Star guest went on to start his first hedge fund in 2018, and then went on to add a second one in 2021.Learn about one of David's concepts applying a systematic approach to Options trading. It has to do with these 3 things; stop losses (which is not common in options trading), how he takes advantage of high implied volatility (IV) - but not in the way most options traders would think, and his approach on managing the win size: loss size ratio, all to manage risk exposure and optimize edge.Looking for actionable ideas to explore? Then this is a must-listen-to episode! Learn more about your ad choices. Visit megaphone.fm/adchoices

Retail investor turned hedge fund manager, David Sun, discusses his background in engineering, the launch of his options-based hedge funds, the importance of risk management, return stacking portfolios, diversification in enhancing portfolio performance, long volatility strategies, impact of market changes on strategy backtesting, and his views on the future of his funds.

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.

David Sun, an entrepreneur and fund manager, shares his fascinating transition from retail options trading to managing a small fund. He reflects on key lessons learned during market upheavals, like the Wall Street Bets phenomenon and COVID-19. The conversation dives into the nuances of volatility risk premium and innovative hedging strategies. Sun also explores the impact of AI on trading biases and the importance of data accessibility for empowering retail investors. His insights provide a roadmap for navigating today's complex financial landscape.

David Sun, an entrepreneur and fund manager specializing in options trading, takes us through his fascinating journey from retail trader to handling funds. He discusses his embrace of zero-days-to-expiration strategies and the intricate risk management tactics he's developed along the way. Sun sheds light on behavioral biases affecting traders and highlights how data-driven approaches enhance decision-making. He also reflects on the evolution of accessibility in trading tools, revealing how retail investors are empowered today more than ever.