Work your system. DO NOT see what would have happened if you operated outside of your system. That leads to undisciplined trading.

At 62%, do your thing man.
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I'm very new at it, so it remains to be seen if I can do it effectively. So far, I'm only doing it with companies I trust (AMD, AAPL, MSFT, WMT, etc), and I'm doing calls about 3 weeks out. I buy dips, figuring that a company like Microsoft will go up sometime in the next 3 weeks, even if it isn't immediately.

So far, I've been at it for about a month and I've made about $900, while only investing about $1,000 at a time. If it does turn out to be an effective strategy, I'll start using more of my money for it.
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I'm still figuring out my system, so I figure more info doesn't hurt. However, if the exact same thing happened again I would still sell at 62%.
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90% of pure options TRADERS lose money.

Most professional options traders are using them as hedges for their portfolio or an individual stock
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That's why I just stick with buying and selling the stock. I only lose 70-80% of the time.
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Hopefully I’m in the 10%.
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Do you do covered calls? You can get blindsided in a hurry unless you're constantly watching your trades.
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Not fully covered, I don’t own 100 shares of each, but I do own some. However, I am constantly watching.
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I think the odds are in your favor.
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So , is this a good strategy???

Find mutual funds that have a really good return over the last 1 year/ 3 year period.

Pull up their portfolio and look at their top holdings

Invest in their top three since they are driving the return they're getting.

For example : ARKW which is actually an ETF is 62% 1 year and 41% 3 years

Their top 3 holdings are TSLA, SQ, ROKU

All have blown away the market over the last year.

Thoughts?
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I think its a sound strategy, opposite of the dogs of the Dow in a way.
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It seems kind of brilliant to me.

I always fight the urge to assume that things will even out, and so I should buy the laggards since they'll eventually catch up. But it seems like the overperforming stocks will overperform for a decade or more without slowing down.
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I agree. I've been going through my stocks lately and selling off the lagging ones and buying more of the ones that have done well. It's always tempting to think that the lagging ones are just a few days away from making more money, but it makes it pretty clear if I look at what I'd have now if I had made the switch a month or two ago.
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Yeah , there's some truth to riding the winners.
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My thought is also that if these funds are investing heavily in a certain stock then they are expecting it to do well
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