How To Use The Strategy Database

The objective of this video is to help you how to effectively use the strategy database in the Options Auto Trader platform. The strategy database provides pre-built strategies and helps users add strategies that will work for them with just one click.

Key Steps:

1. Access the Strategy Database:
   • Go to the dashboard page.
   • Click on the "Autotrader" button in the navigation bar.

   • Select "Create New Autotrader" to access the strategy database.

     Connect Tastytrade Account:

   • Connect your Tastytrade account to the autotrader platform.
2. Explore Pre-built Strategies:
   • On the left side of the strategy database page, you will find a list of pre-built strategies.
   • Watch the video provided for each strategy to understand what it is and how to explain it.
   • Alternatively, click on a specific strategy to view its details and setup.
3. Select a Strategy:
   • Choose a strategy from the list that suits your requirements.
   • Click on the strategy to view its step-by-step setup instructions.
4. Customize Strategy (Optional):
   • If you want to customize a strategy, click "Save and Continue" after selecting it.
   • This will preload the strategy setup, and you can go back to view and modify the details.
   • Modify parameters such as take profit percentage, stop loss percentage, and entry timing as needed.
5. Use Recommended Delta Settings:
   • If you want to create your own strategy, select the "Sell Strangles" strategy.
   • Click "Save and Continue" to access the setup.
   • The strategy is pre-built with recommended delta settings.
   • By default, it recommends a 10 delta on the put side and a 5 delta on the call side.
   • These settings are considered extremely safe and profitable for any asset.

Cautionary Notes:

• Ensure that your Tastytrade account is connected properly to the Options Auto Trader platform for accurate strategy execution.
• Carefully review the details and parameters of each strategy before selecting or customizing it.
• Be cautious when modifying strategy parameters and ensure they align with your risk tolerance and trading goals.

Tips for Efficiency:

• Watch the video provided for each strategy to quickly understand its concept and implementation.
• Use the pre-built strategies in the database to save time and effort in setting up a strategy from scratch.
• Take advantage of the recommended delta settings provided in the "Sell Strangles" strategy for a safe and profitable approach.
• If a desired strategy is not available in the database, inform the team to consider adding it.

TERMS OF SERVICE: Please be aware that continued use of the Options Auto Trader is subject to our Terms Of Service. If you have any questions or wish to review these terms, feel free to visit the website.