48% Profit YTD
(Over 50% now,
see latest screenshot
at bottom of page)
Don't You Want a Smooth, Steady Rising Equity Curve?
Transform Your Trading with
The Ultimate Automated Trading Tool
Lock in your lifetime discount and secure your spot as one of the first 100 beta users
Objective, Undeniable Edge
Every trader who understands probabilities is looking for an edge.
But there's the concept of an edge, and then there's a true edge.
For example, you can have statistics which show that certain indicators or candle patterns are more likely to play out a certain way, which is a statistical edge when traded many times.
As I've said in the past, you have to trade enough to let the Law of Large Numbers factor into your trading.
If your sample size is too small, then a statistical edge doesn't have that much localized significance.
For instance, even if you flip a coin 10,000 times, that gives you no insight into what the next flip will be. And it's the same for the "edge" you have from any given pattern or indicator on any particular trade.
Just because it works 75% of the time, that doesn't mean it's going to work this time.
But there are true edges, the kind that are consistent, reliable, and objectively true.
Those are the edges that I have found to be the most impactful in my trading.
In fact, there is no close second.
What Makes a True Edge in Trading?
So, let's explore what makes a true edge.
A statistical edge might get you favorable odds in the long run. But here’s the problem: Markets are unpredictable, and no one can guarantee what happens on the next trade.
A true edge, on the other hand, is consistent, reliable, and grounded in objective truths that aren’t dependent on random outcomes. It’s the kind of edge that insurance companies rely on to thrive.
Think about it—insurance companies face enormous risks every day, but they consistently come out ahead. How?
Because they manage their risks methodically. They analyze every detail, hedge against catastrophic losses, and adjust premiums and terms to account for higher-risk policies—ensuring that the odds remain firmly in their favor over time.
Under normal circumstances, the insurance company keeps your premiums. They have to get unlucky in order to lose. As long as the black swan stays away, the insurance company wins.
This is the kind of edge I’m talking about.
I’ve discovered a system that harnesses this type of edge—one that’s profitable, consistent, and scalable. But it’s not without risks, and it requires a certain kind of discipline to succeed.
I'm going to share the secrets behind this system, including how I overcame the biggest challenges and developed a way to mitigate the risks.
The Upside—and Downside—of a True Edge
We've discussed the concept of a true edge—a framework that consistently tilts the odds in your favor, much like an insurance company collecting premiums.
But here’s the truth: even a true edge has its challenges.
So let’s talk about the downside.
The most profitable, consistent, and reliable trading I’ve ever done comes with one catch: theoretically unlimited risk—
But, just as insurance companies survive policy holders making claims, these risks are manageable with the right approach.
If you focused solely on unlimited risk, you'd likely say "no, thanks"—and I get that. (As you'll see, I've even done it myself.)
But that would be a huge mistake, because the rewards far outweigh the risks when managed properly.
This equity curve—actual results of trading a $100,000 live account in the spring of 2017—shows the power of a true edge in action.
This equity curve demonstrates the power of a true edge in action. These are my real trading results from April to July, 2017, when I was just starting out with this strategy.
I didn't create this graph for this webpage. I came across it in a Google Sheet where I had carefully tracked for my own trading records back then.
This is the result of systematically applying a true edge.
It shows consistent, upward progress—exactly what most traders dream of but never achieve.
But here’s the thing: markets are unpredictable, and trading strategies—even great ones—are never without volatility. (I'll show you what that looks like in the next section. )
Who's got some of the biggest and most iconic buildings in major cities?
It's the insurance companies—because they’ve mastered the art of managing risk while ensuring the odds are in their favor.
This same principle applies to trading.
Selling options—one of the most powerful true edges in trading—carries significant risk.
If done poorly, it can lead to catastrophic losses. And yet, with the right tools and discipline, this strategy has proven to be, for me, the most consistent way to profit from the markets.
And I have literally traded everything over the past 27 years. Nothing I have ever tried compares to selling options.
The upside takes care of itself. The key is managing the downside.
The Hidden Challenge Behind Consistent Profits
Above, you saw my smooth equity curve which shows the power of a true edge in action—when everything goes smoothly (which, thankfully, it usually does).
But no trading strategy—even one built on a true edge—is without its challenges. And the biggest one? Volatility.
Take a look at this profit and loss graph:
This equity curve—actual results of trading a different $100,000 live account in the second half of 2017—shows how the ride can get bumpy.
This is the same approach in a different $100,000 account—June, 2017 through January, 2018. While the overall trend is still nicely upward, those big drawdowns, about $6000 each, along the way were tough to stomach.
It’s easy to feel confident when things are going smoothly as in the first graph, but these sudden and sizable drops in this second graph can test your resolve as a trader. If you’ve ever felt the emotional toll of watching your gains evaporate—or worse, losses grow—you understand what I'm talking about.
In fact, it was this experience that drove me away from selling options for a number of years. At the time, I didn't have the mindset or tools to handle those scary swings, and it cost me a great deal of potential account growth over the next five or so years.
The truth is, even when you have a system with true edge, volatility—and the emotions that come with it—can make it very tough to stay consistent... or even to stay in the game!
The good news? It doesn’t have to be this way.
Keep reading, and I’ll show you how to take control of volatility, protect your capital, manage risk effectively, and keep those dips small and tolerable, unlike what I went through in the graph above.
The Hidden Power Behind Your True Edge
Now you've seen the challenges of volatility and how even the best trading strategies can experience drawdowns. But what if I told you there's a way to consistently tilt the odds in your favor?
Let's focus for a moment on the foundation of this true edge in options trading—delta and theta.
These two concepts might sound geeky (or Greeky 😁), but they’re actually quite simple—and they’re the reason selling options can be so powerful.
Delta: Your Probability Edge
Delta represents the probability that your option will expire with any intrinsic value. For example:
• A delta of 0.10 means there’s only a 10% chance the option will expire in the money—and a 90% chance it won’t!
• When you sell that option, you’re positioning yourself to profit from the 90% probability of it expiring worthless.
This is what gives selling options its remarkable edge: you’re not trying to predict where the market will go—you’re profiting from the unlikelihood of the market reaching some hard-to-reach price. Your trade is based on where the market won't go. It's a lot easier to be right about that. And delta tells you precisely that.
While it's not impossible, it would be unusual for the market to get there. When you sell options, low delta is your edge.
Theta: Your Time Decay Edge
Theta represents the value that an option loses each day due to time decay. Options lose value faster and faster as expiration approaches, and, when you sell options, theta is your edge. (If you buy options, theta works against you.)
Think of it like this... If you leave an ice cube on the sidewalk in summer, what are the chances that it's going to melt? That's theta. It is a mathematical certainty that time value will erode as expiration approaches, ultimately going to zero.
When you sell options, time is on your side.
Every day that passes, the option's time value becomes less valuable to the buyer and more profitable for you.
Here's the way I was monitoring these results in those two accounts in 2017 and 2018:
Stepping away during those years was a missed opportunity. Imagine these daily and weekly returns compounded over years.
But I finally did return to selling options about a year ago, and here are the year-to-date results. This is my TastyTrade account, which started the year at $34,450. (These screenshots are about a week old. The account is currently up $17,267 or 50.1% YTD. See the latest screenshot at the bottom of this page.)
But, even now that I've begun to sell options again, you can still see a couple of sizable drawdowns in my equity curve above, reminiscent of 2018.
To be perfectly honest about them, they did not have to be so large. There are two contributing factors.
First, there is the fact that many of these big moves can occur overnight, while you're asleep.
Second, there is the hopium or lack of discipline that allows small losses to escalate into painful setbacks, turning manageable paper cuts into deep wounds.
As the creator of Trade Unafraid, of course, I have the solution to both of these problems. You can probably guess what it is.
Despite the occasional drawdowns, though, it is clear that these two forces—delta and theta—are why selling options can be so consistent and reliable, as you have seen in every graph I've provided. They are the true edges that tip the odds in your favor.
But there is still the matter of out-of-the-ordinary volatility and the resulting drawdowns.
Even with delta and theta working for you, the market’s unpredictable swings can wreak havoc on your account if they’re not managed properly and promptly.
Next, I’ll show you how we are going to benefit from delta and theta while keeping vega (volatility) in check.
You’ll learn how to take advantage of these true edges without letting the risks hurt you.
We actually have an amazing third edge that I have not mentioned:
Unlike an insurance company, we can easily free ourselves from the trade in a way that insurance companies can only dream of. Selling options is wonderful. The ability to buy them back before things go sour is how we lock in our gains.
The Solution We've All Been Waiting For
(Especially Me!😉)
So far, we've talked about what makes selling options so powerful:
• Delta: Your edge of probability which tips the odds in your favor.
• Theta: Your edge of time decay which lets you profit every day.
• Easy exit: Your edge that insurance companies wish they had.
(I don't know about you, but the equity curves I've shown above have been unmatched by any other trading I've ever done. If you have accomplished that kind of steady account growth in another way, I'd genuinely love to hear about it—please share!)
These edges are the driving force of consistent and reliable profits. But as we’ve seen, the risk of unusual volatility is the fly in the ointment that cannot be ignored.
Whether it’s sudden market swings while you’re asleep or the lapse in discipline of letting small losses grow larger, volatility is the wildcard that can wreck an otherwise beautiful strategy.
So, how do you overcome it?
What if you had a tool that could:
• Monitor your positions around the clock—because the market almost never sleeps, and sometimes gaps when it wakes up.
• Respond automatically to outsized moves, protecting your account before losses spiral, whether you are watching or not.
• Remove the emotional guesswork, so you can stick to the rules that prevent the big drawdowns.
This tool is exactly what I’m building for my own option selling.
Back in 2017 and 2018, I referred to this trading system as Scalping From A Distance, or SFAD.
The name made sense to me, because these were frequent, small scalps, but they are safely far away from the market, so the risk of being wrong is very small. (In the many hundreds of trades you've seen in my graphs spanning almost three years, there were only four substantial drawdowns, and those grew from lapses in my management, failing to adhere to explicit rules.)
I'd love to hear your thoughts on that name—does Scalping From A Distance resonate with you? Or do you hate it (which I could also see)? Email me and let me know! I'm open to other suggestions, if you have them!
It's a great system; it deserves a great name.
Whatever we end up calling it, this is a software solution designed for traders who want to harness the power of selling options without letting volatility and emotions spoil the fun.
Here’s how it works:
• 24/7 Vigilance: SFAD watches your positions around the clock, so you don’t have to.
• Automated Adjustments: It reacts to market moves according to your rules, keeping your account safe.
• Maximize Your Money: Your available buying power will be put to use when available, so that you don't miss opportunities to collect theta.
• Customizable Strategies: Set up rules and triggers that align with your goals and risk tolerance.
In short, it’s like having a professional trader working for you 24/7.
When I stepped away from selling options in 2018, it wasn’t because this amazing, proven strategy didn't work. It was because I didn’t have the tools to manage the risk effectively.
That’s why I started creating SFAD for myself a few months ago—to solve the problems that have made my option selling occasionally bumpy... and now to help traders like you enjoy the amazing gains from this strategy without having to go through the years of stress that I have.
I’m about to reveal how you can become part of the SFAD journey and get exclusive early access at a steep discount.
As one of the first users, you’ll have the opportunity to shape this tool into the ultimate trading companion—and you’ll receive a very special offer as a thank-you for supporting its creation.
Your trading career is about to reach the next level.
Exclusive Early Access to SFAD
(Save Big Before It's Gone!)
A once-in-a-lifetime opportunity to get in on the ground floor and transform your trading
We’ve explored the incredible power of selling options—harnessing the true edges of delta and theta to generate consistent and reliable profits, not to mention the ability to get out at any time... something an insurance company can't do!
But as we’ve seen, managing volatility, availability (are you around to watch the markets 24/7?), and emotional discipline is crucial—because any lapse could lead to drawdowns.
That’s why I started building Scalping From A Distance (or whatever the final product name ends up being): to give myself (and now you!) the tools to overcome these challenges and take my trading (and yours!) to the next level.
Think about it: very high probability trades that you don't even have to touch. It puts your money to work for you in a truly powerful way. And it doesn't require you to become a master trader, to predict future prices correctly, or to trade your time for money.
If I hadn't placed many hundreds of these trades myself, I would say this sounds too good to be true. But I've done this so many times, I know this absolutely works.
That's why I’m thrilled to finally share with you how you can become part of the SFAD journey.
SFAD is a 24/7 trading technology designed to:
• Monitor your trades around the clock—so you’re never caught off guard.
• Automate your responses to market volatility—to protect your account, even when you’re asleep.
• Efficiently utilize your buying power—to make the most of your money.
• Remove emotional guesswork—following the rules that prevent big drawdowns.With SFAD, you’re not just managing trades—you’re managing risk and time, while enjoying peace of mind.
Your Opportunity to Get in Early
SFAD is still under development, with a planned beta launch around mid-January. To make that happen, I’m offering an exclusive opportunity for the first 100 traders (some spots are already taken) to join at a significant discount. The SFAD Beta Membership offer is:
• Just $147 per month (a huge discount from the expected price of $295/month).
• Lifetime Discount: Your price will never go up, as long as you remain a subscriber.
This early-bird pricing is limited to 100 subscribers, and subscription payments will begin immediately to support development. Please understand that you will not yet have access to the product when you make your first (and perhaps your second) payment. I will do my best to make it available ASAP but not before it is tested and working reliably.
A Very Special Offer for Annual Subscribers (Strictly Limited to 100)
For those who are ready to go all in, I have an even more exciting offer, strictly limited to 100 subscribers (because it's too good of a deal):
• Pay for a full year (at the steeply discounted $147 monthly rate)—just $1764 annually—and you’ll also receive a free annual subscription to Trade Unafraid (a $2950 value)!
• Let's Make it a Lifetime Discount! To show how much your patronage means to me, lock in both SFAD and Trade Unafraid for a single payment of $1764 per year—for as long as you care to remain a subscriber!
• Assuming SFAD does cost $2950 for an annual subscription, you will be enjoying a huge, lifetime 70% discount on the combination of both products. That's $5900 in value for $1764, year after year. This is the best way to lock in massive savings while accessing two powerful tools for your trading journey. (I can't resist mentioning that we'll be adding TastyTrade to Trade Unafraid in the spring, which means futures and indices like SPX will be fair game for your Trade Plans! That is going to be a game-changer.)
Why I Need Your Support
I make my living as a software consultant, and I’m currently between consulting contracts. My full focus needs to be on getting SFAD into your hands as soon as possible. To make that happen, I need your help: this crowdfunding will allow me to devote myself to development without dividing my time and attention.
Here’s my promise to you: SFAD is going to be so worth it! You've seen the slope of those three equity curves. All real money, sustained over months and years. But those have been traded by hand. There were times when I was not making the best use of my capital. You know that 24/7 software can do even better than those curves, and without any of the large drawdowns.
With my track record building Trade Unafraid and my dedication to making SFAD the ultimate automated trading tool, (not just for you, but for myself!), you can be confident that this software will more than pay for itself month after month.
Because I’m relying on this revenue to support development (and will turn down other consulting or employment opportunities), please understand that I cannot offer refunds. However, my track record with Trade Unafraid demonstrates my dedication to delivering exceptional tools that exceed expectations. Your investment is in good hands.
I truly appreciate the faith and confidence you have placed in me to make this investment, and I’ll do everything in my power to deliver the best software possible as quickly as possible.
If you are familiar with my work, you know that I live to delight my users with amazing technology. It is my passion, my purpose, and my calling. Please join me, so that I can put that energy and drive to work for you!
How to Join
Don't miss this chance—spots for the SFAD Beta Membership offer are limited to the first 100 monthly and first 100 annual subscribers (and quite a few are already gone)—and I am hoping the rest will go fast.
Copy your preferred coupon code and scroll down to the order form at the bottom of the page to secure your spot and lock in your savings:
Coupon codes:
Monthly: smooth_equity_every_month
Annual: smooth_equity_all_year
I’m so excited to have you on this journey and can’t wait to help you transform your trading and your life.
With gratitude,
Lee Grey
Founder of Trade Unafraid
https://tradeunafraid.com
P.S. I am very sincere when I tell that you no other trading I've done in my life (and I've done A LOT) delivers the way these short options do. If trading profits have been elusive for you, and you're tired of seeking the Holy Grail of trading, don't miss this opportunity. In 2018, I walked away from the Holy Grail because of the fear and risk. This tool will solve that problem, and you'll just watch your account grow the way I grew and continue to grow mine manually, only this will be smoother and faster thanks to automation.
Recapping the Journey and the Future
As a trader with 27 years of experience, I have traded stocks, options, futures, forex, crypto, credit spreads, debit spreads, butterflies, broken wing butterflies, unbalanced butterflies, iron condors, covered calls, crack spreads, ratio spreads, and just about every other strategy known to man. I am here to tell you that there is only one approach to the markets that has consistently made me money, and it is selling options on futures.
The down side is that it comes with theoretically unlimited risk, and it can sometimes lead to unpleasant drawdowns.
Even with all of that, it is still the only strategy that leads to consistent equity curves like the ones shown below.
Don't let the gaps in time concern you. There is no missing data. The reason that there is a large gap from 2018 to 2024 is because of the volatility you see at the end of the 2018 graph. I started to think these big drawdowns were more than I could handle. Eventually, I stepped away from this great strategy, because it was unnerving.
Fortunately, there is a solution. Keep reading below.
Spring, 2017
2017-2018
2024
-
24/7 Position Monitoring: Manages your trades day and night.
-
Automated Volatility Management: Eliminates emotional decisions and sticks to your rules.
-
Customizable Strategies: Tailored to your trading style and goals.
-
Maximize Profits: Makes optimized, efficient use of your trading capital.
-
Minimize Risk: Emotionlessly cuts losers before they can turn into drawdowns.
Benefits of SFAD
From the makers of Trade Unafraid...
We understand real-time trading software.
As a Beta Subscriber,
We Consider You a Patron of Our Trading Software
And we want to express our gratitude for your support with an offer that will astonish you...
Monthly Membership
Like Trade Unafraid, we expect SFAD to sell for at least $295 per month.
But, as a founding member and supporter of the product's development, you will be locked in at $147 per month for as long as you choose to stay with SFAD.
This is a savings of at least 50%, every month of your subscription.
PLEASE NOTE: This offer is limited to 100 subscribers.
Annual Membership
The Annual Membership will also enjoy the $147 per month rate for life.
But, to show our gratitude for subscribing for a year, we will throw in a subscription to Trade Unafraid at no additional charge!
For an annual payment of only $1764, you will get both powerful pieces of software, a $5900 value, at an extraordinary 70% discount.
And you will lock in that amazing discount for as long as you choose to remain a subscriber.
PLEASE NOTE: This offer is strictly limited to 100 subscribers.
We hope you understand that...
as a patron supporting this work, you can cancel at any time, but we are not offering a refund on these payments. These special offers are made to help us launch this product, so it is not possible for us to offer refunds.
We believe that our work with Trade Unafraid provides the faith and confidence you need to invest in us. If you have doubts or questions, please reach out, and let's discuss them.
The goal of Scalping From a Distance is to pay for itself and much more, month after month. The strategy is very consistent, and the automation will make it even more consistent, ensuring that your capital is used effectively and that losses, when they occur, are small and painless.
This special opportunity will not be repeated. As an early adopter, you are making it possible for us to build this powerful product, and we think of you as charter subscribers.
Please be aware, though, that you will be going through the pre-launch phase, where no product is available (1-2 months), followed by the beta phase, where bugs are likely (1-2 months) and the UI will be ugly and perhaps lacking in features.
Of course we will do everything in our power to minimize these growing pains, but it is only fair for you to be forewarned about them. If you don't think you have the patience or understanding to ride out the bumps, please consider waiting until the product has matured a bit.
We are quite confident that the journey will be worth it, but it takes a certain mindset to be an early adopter, so please spare us both some frustration if that is not you.
If it is you, we are thrilled to have you join us on this exciting journey.
It was in the last days of September, 2024, when tensions were rising between Israel and Iran, and when the price of crude oil climbed from around 67 up to 77 in a matter of a few days, and I took a pretty big hit in my short calls, holding them for longer than I should have, when I decided "that's it, I'm no longer doing this without software assistance!" I started building this for myself on September 28th, and the basic operation is nearly complete.
The next big piece of work will be to deploy it and make it a multi-user system.
But there's going to be so much more to do to continue to wow you and to exceed your expectations, which is what I truly love to do.
You know I love this job. I love writing software, I love trading, and I love wowing people with my innovations, such as Trade Unafraid.
People who get Trade Unafraid love it. For some people, though, it's more of a Do-It-Yourself project than they are looking for.
But SFAD is going to be a Done-For-You system (that you will maintain full control over - you know I'm not a fan of black box systems) that will just work. But you'll still have the ability to specify your risk and loss preferences.
For now, in preparation for SFAD, what you will need is a TastyTrade account. And you'll want about $10,000 or more in the account. And you'll want permissions to trade short options on futures.
Additional brokerages will be added, but, as you've seen in my screenshots, TastyTrade works well, so we're going to focus on that for now.
What some of our users have said
Over the years, users have said some very nice things about Trade Unafraid.
Below is a very small sampling...
If you want to research me (Lee Grey), please check out my Linkedin.
Be sure to check out the wonderful recommendations that
former colleagues have written about me.
(The "major Manhattan investment firm" mentioned
by David Chappell is Goldman Sachs.)
Hey My Friend! I just wanted to check in and let you know these new settings on the Work Orders seem to be working great! I have made 7 trades over the last 9 days, most of them in the early minutes. I would have expected at least one and possibly two "glitches" where a limit order is sent, but not filled, and sits at Tradier as a Pending Order, then potentially getting filled on the reverse of my move and losing terribly ... which made me "Trade Terrified"! 
But no, putting a limit out a little ahead seems to fill quickly and even occasionally at a lower price. PERFECT! I am truly Trading Unafraid - even with my very fast and tight system where the average trade is around 30-40 seconds. Oh, and I WON all 7 of the trades for an average of +6% gain each. 
You Sir, are a genius! Some day, when you have a little extra attention to spare, I'd live to go over my settings with a fine toothed comb and see if there are any other optimizations you might see that I am missing. In the meantime, it ain't broke, so I don't fix it! 
D.H.
California
I love the work you do, and I love that you continually make improvements to the platform.
F.M.
Costa Rica
You are one of the nicest and best biz owner I've ever worked with!
P.C.
California
Frequently Asked Questions
If your question is not here, please email support at tradeunafraid.com with your question.
When will SFAD be available?
We're dealing with software, so deadlines are tough to be precise about, but we believe a beta version should be available around mid-January.
Why is payment starting before the beta launch?
For those who are willing to take a leap of faith, you are helping to fund the development. The cash cushion we are raising will help us focus on this task single-mindedly. And we believe the small leap of faith is well-compensated with the generous offers extended here.
What happens if I want to cancel later?
You are free to cancel at any time, and you will not be billed again. Your access to the product will remain until your subscription runs out.
Copyright © Grey Matter, LLC 2024