/GC - Gold Futures - Nice quick profit from the bearish reversal using a call credit spread. A very safe, high probability way to trade directionally.

Do you want to learn what it means to be a trader? No person can absorb all the inputs the market, computers, social media et all can load on us each day. It is overwhelming. Over the years I have through trial and error, frustration and joy, time and again, trading day after

The observations of a Relic There is a new generation (Zs), Theirs is a generation of gamblers but, They want everything and want it now They do not want to work for it They got trophies for participation Hit a few profits on Robinhood Got a few payouts from pretend accts And

Current situation: 1. Stocks are rising like the trade war is over 2. Gold is rising like the trade war is escalating 3. Yields are rising like the US has avoided a recession 4. Oil prices are falling like the US is entering a recession 5. The US Dollar Index is falling like

Example of a Type 2 breakout.

Example of a Type 3 breakout. In other words, breakout with a hard re-test.

Price dynamics of a #symmetricaltriangle breakout. Challenge: breakout might not clear previous highs. Breach of pattern boundary can find resistance at previous highs resulting in a loss of momentum.

“I put most of my money into the 2–3 best ideas I have. Most portfolios get 70–80% of their returns from just a few positions anyway—despite holding 30 or 40 names. I’d rather focus, watch the basket closely.” —Stan Druckenmiller That’s why I went all-in on $VIX in 2022 and

“I feel something is coming, let’s buy $VIX.” WRONG. Unless you can time the market perfectly—which you can’t, no one can—buying $VIX options outright is a losing game. Trust me, I’ve spent 15 years learning that the hard way. Just look at the spread I mentioned earlier—if I

Can we please stop talking about COVID-19 ? It’s like talking about the annual flu vaccine. 🤯 Time to move on…

Making empty criticisms of unnamed people like this person is doing reveals a lot about him, and nothing about whoever he is referring to. I don't know what his problem is. I'm not his therapist.

Japan’s rocketing bond yield and potential carry-trade unwind has, for me, overtures of LTCM. The smart professors had modelled the market for a cold predictability that it never had. Markets have fat tails, with many more price extremes than statistical assumptions indicate.

So what happened this year? A “bear market” that lasted less than a high schooler’s first time—just enough to show how meaningless that label really is. “Sell in May” got smoked—seasonality is a joke, A death cross, a Hindenburg-whatever—just more bullshit wrapped in fancy

Never add to a losing trade: - 1. Accept the Loss Early – Losses are part of the game, not personal failures. 2. Set a Predefined Stop – Decide your max loss before entering. 3. Respect the Stop – No “just one more candle” mindset. Exit as planned. 4. No Averaging Down –

Two-Way Tape Developing. The market is finally starting to rotate, and volatility is creeping back in. As I mentioned yesterday, with the VIX ticking higher and bonds rotating lower (meaning higher rates since the last FOMC meeting), we’re finally seeing action that isn’t just

The effective Fed Funds Rate remains firmly in restrictive territory relative to CPI. It is the widest gap since 2009. For those worried about re-inflation, the Fed still has plenty of room to ease before policy turns neutral.#inflation #CPI #FederalReserve #Fed

CME Group just open a window, its cold AF in Chicago

If you’re buying Bitcoin now, I’m genuinely curious about the thesis. Is it the future of money? That’s what I heard five years ago, and I still can’t buy much with it. Is it a hedge against inflation? The data suggests otherwise. Is it a counter to dollar devaluation? That