Hi all, first post here and relatively new to options trading.
I've found some previous posts and there has been some useful information but forgive me for any duplication on like-issues
In short, I'm just reaching out for some feedback as I feel I'm at a fork in the road with my lifestyle and trading commitments. My conversation is around "do I move from the US options market to AU options?" So here goes.
1. I live in Perth but I learnt to trade US options using Trademonster, which is now Optionshouse (2015)
2. I've been actively trading for about 12 months. The journey has been a lot of fun
3. My future is moving towards intra-day trading.
3. I currently run a small business, have 4 young kids and exercise at 0500-0700 six days a week.
Current Trade Activity
My current trade strategy uses credit and debit spreads, strangles and iron condors, so I haven't moved into any intermediate or advanced strategies yet. This has gone well but my sleep patterns have not my daily routine has gone to poo because of the consistently broken sleep.
I'm now considering just trading AU options as I cannot afford to lose the sleep with my current lifestyle and commitments. I get so much out of the early morning starts, the training and it sets to tone for my day.
From the posts I can see there are some recommended trade platforms for AU options, so firstly has there been any recent changes in the platform space that would change the recommendations for 2015? Eg, Interactive Brokers seems to be favorable for AU spreads but in your experience are there any other platforms or data services that you prefer?
I'm sure others have been through this so I do appreciate any questions or feedback. Please feel free to talk about anything that you identify with, we'd love to hear your story.