The Delta House (ΔVθ)
A mentorship community to connect and learn
The Delta House (ΔVθ) isn’t a secret formula or a get-rich-quick scheme, it’s a community and framework built on decades of disciplined, high-level trading experience. It’s based on understanding the market as a dynamic, ever-evolving system rather than a linear concept.
To navigate market dynamics effectively, Mark has developed a systematic approach that tracks key variables, helping to interpret price movements and understanding the odds for market behavior.
(ΔVθ) offers a supportive trading community with weekly briefs and exclusive content, including charts, market insights, and analysis. Whether you trade short-term or long-term, this platform will help you refine your strategy and build an edge. Through in-depth reports, you’ll learn to identify high-probability trades with strong risk-reward potential, avoid over-trading, minimize losses, and ultimately become a consistently disciplined trader.
The Delta House is an online trading fraternity designed to bring-together people who want to better understand, and exploit, capital markets by trading derivatives (options & futures). You will learn the process that myself, and my former mentors, utilize to extract profits from the markets.
The following is my process:
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How to generate an edge
a. For me, it’s about viewing markets as a dynamical system. I am not overly concerned by underling fundamentals (micro/macroeconomics) nor am I overly concerned with technical (price charts). I am only concerned with what the current market price of an asset is discounting and how consensus that viewpoint is. It’s all about “market dynamics”
i. Markets are discounting mechanisms
ii. Markets cycle between self-reinforcing positive feedback states and self-correcting negative feedback states
i. During self-reinforcing states, we witness trends (persistence), or emergent order
ii. During self-correcting states, we witness reversion (anti-persistence), or entropic disorder
iii. We want to be with the consensus during trends (until its crowded) most of the time (~85%)
iv. We want to fade trends when they are crowded, and certain triggers signals appear (~15%)
2. Security selection to exploit the edge you have located
a. Once I’ve located an opportunity, how am I going to structure the trade to exploit it? Is it a directional (delta 1) trade, or is it a volatility, skew or kurtosis bet?
b. If it’s directional, I will likely use futures or ATM or slightly OTM calls or puts
c. If it’s a vol trade, most likely I’ll use a delta-neutral, or options spread to finance the bet cheaper.
d. If it’s a higher moment bet (skew/kurtosis), it will be a multi-leg spread
3. Risk (position) management
a. If it’s a day trade (SPX/XSP 0 DTE), most likely I will be in/out in a few hours. If I’m wrong, I’m out quick using a stop-loss on the option (or spread)
b. If it’s a swing trade (SPX/XSP/VIX 2 weeks to 2 months), I will have a stop point as well as a point to scale out of a winner
c. For long-term trades (SOFR) I may scale-in and out as well as switch from a straight directional bet to a
futures or options spread and vice-versa
What to expect from The Delta House
Weekly Zoom on Sunday @ 3pm EST for all members
Daily Discord if a new trading idea looks compelling in 0 DTE or SPX/VIX mkts
You can post questions on the Discord anytime; I will try to answer them by the end of each day
Video content that is mkt specific, as opposed to the education commentary of the past
The goal is for you to learn how to generate an edge, choose the right security to exploit that
edge, and manage the position profitably
You will need to overcome your ego to succeed in trading
This isn’t a game about who the smartest person is, it’s about who can execute a risk management
plan and stay in the game long enough to generate profits from your edge
I can’t guarantee that you will become a profitable trader, but I can guarantee that you will not go
broke (blow-up) like myself and almost every other successful trader had to do to learn discipline