Why I’m happy to have lost $9,000 today.

David Jaffee
Aug 8, 2017 · 1 min read

Lost $9,000 today.

Volatility increased, leading to losses on some of our existing positions.

We are VERY happy that volatility has increased.

We hope that the market has 1-2 major selloffs so that we can take in more money for putting on trades.

When people are complacent and no one is scared, it's almost not worth making any trades because we aren't being compensated for the risk.

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David Jaffee
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