12/07/2020 — The Wisdom of Shitgen

I found the diversion interesting mostly because I was bored on a slow work day, but I didn’t take this fortune telling to heart. In my…

12/14/2020 — Selling The Top…

…and the bottom.

I can’t pick market tops and bottoms. Anyone who tells you that they can is a liar, and those that can aren’t going to tell you.

Online brokerage firms love to tout their magical software that enables hapless…

11/25/2020 — Happy Tradesgiving

What a boring day. The days surrounding Thanksgiving tend to be snoozers and this one lived up to the…

12/22/2020 — The COVID Strikes Back

I didn’t fully comprehend the expansive reach of The Empire when I first experienced Star Wars, so I felt pretty confident that by the end of the original film, The Rebellion had put an end to Darth and The Gang. A massive explosion, people cheering, and an elaborate…

11/24/2020 — Stop Order Shenanigans

In a way, being a trader is akin to being a perpetual skeptic. When the market is up and the…

11/20/2020 — Uncle Joe’s Calming Hand

I’ve waited nearly all day for a solid down move in the S&P’s, and maybe…just maybe this mini-dip at 2:45 might actually awaken a few sleeping bears. I’ve been head-faked two days in a row, and I’m itching to buy a few e-mini micro contracts before EoD and wake up…

12/03/2020 — Wishful Sinful

Wishful sinful² is a pretty accurate way to describe how I feel. I’ve felt…

11/22/2020 — On Discipline

Which is more disciplined, patiently waiting for my futures purchases to bear their desired fruit, or closing part of a promising trade to lock in a winner?

Normally I don’t have to entertain this question at 11:00 PM on a Sunday…no wait, actually I do…

11/27/2020 — Half-Brained Half-Day

In most years, these special days amount to a few wasted hours shared by thousands of traders who are forced to pay at least a modicum of…

12/08/2020 — The Market Is High

The market is high. Anyone with the ability to count can plainly see it flying high. It’s new all-time highs (S&P 500 and Nasdaq) spit in the face of a global pandemic, mass unemployment, economic uncertainty, and an upcoming first quarter of 2021 that will likely see a…