Theta Bleed Breakdown.

$JPYUSD #6J_F #6J

Learning how to think like a trader does not mean learning how to read the market. The best analysts may not be able to execute or produce alpha. Thinking like a professional trader is all about accepting uncertainty and aligning yourself with long term probability. The best

London Session providing a mean-reverting move on $JPYUSD #6J_F, after stabilizing at prior cost basis (high volume node) of 0.0068720. If we accept into the current rolling balance low (volume based) of 0.006908, Look for 0.0069480 as first target, and then 0.0070 at balance

Stoic Trader Revenge trading is a major hurdle to overcome for most. Revenge trading mostly stems from ego tied to the outcome of trades. Here is (not) a 1-line antidote: Ego is an internal barrier that cedes control of your life to other or external circumstances—when you care more about

Wanted to share some key notes that I have highlighted in a book I am reading. Some I think have profound implications into trading and the differences of some traders: Some students are so caught up in proving their ability, while others could just let go and learn. Fixed

Gamma [dDelta/dSpot] The gateway to dealer hedging flows. Option Gamma values grow as they near expiration, so 0DTE options make the biggest impact to our book here. If we're long options, we're long Gamma. Our Delta grows more positive as the market climbs.

“The majority of people who fail to accumulate money sufficient for their needs are, generally, easily influenced by the opinions of others. They permit the newspapers and the gossiping neighbors to do their thinking for them. Opinions are the cheapest commodities on earth. If

How to succeed at trading: Realize that trading is a microcosm for life.

$ES $ES_F opens up at 6077.75 to find a top in the Asia Session at 6116.20, This "P" Shape profile indicates that this bid is fueled by short covering and trapped short inventory. The imbalance/low volume node under 6092-6080 may look to provide temporary relief (aggressive bid)

Reminder to myself and other like-minded traders… “There is more power in restraint than in pursuit”. Just over half way through the year let’s keep pushing and leveling up.

$SPX $ES_F

The popular narrative says price reflects consensus. But markets aren't consensus driven. Price doesn't reflect truth or collective wisdom. Prices are set by the marginal participant (the small number of traders willing to trade immediately, with enough urgency, liquidity, and