why i stopped trading and went back to straight bet instead

[Euler]

It's difficult to conceptulise things sometimes. The opportunity is created because the market is never accurate all the time and the constant change of opinion creates the trading opportunity. That's why I frame it as 'selling volatility'.

I'm probably fairly unique in terms of my jouney and being able to trade manually and algorithmically, but both and borne out of having bet & traded on hundreds of thousands of markets, analysed millions and actively deployed that knowledge into the market.

There are plenty of ways to do this, as many have discovered. There is no 'right' or 'wrong' way. Just one that works for each individual.

Isn't "selling volatility" just mean reversion?

No, there are many ways to 'sell it' of which mean reversion is one.

[TupleVision]

It's difficult to conceptulise things sometimes. The opportunity is created because the market is never accurate all the time and the constant change of opinion creates the trading opportunity. That's why I frame it as 'selling volatility'.

I'm probably fairly unique in terms of my jouney and being able to trade manually and algorithmically, but both and borne out of having bet & traded on hundreds of thousands of markets, analysed millions and actively deployed that knowledge into the market.

There are plenty of ways to do this, as many have discovered. There is no 'right' or 'wrong' way. Just one that works for each individual.

Isn't "selling volatility" just mean reversion?

No, there are many ways to 'sell it' of which mean reversion is one.

Interesting, thanks.