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Probably where we are now, say 4310. Looking to go modestly long for a position trade at 4500 or so, using Friday’s low as a stop.

Several thoughts on the above: 1. Increased government borrowing and spending has a stimulating effect on the economy, correct? 2. This apparent stimulating effect may increase inflation rates, correct? 3. Increased inflation will reduce inflation adjusted returns on fixed income, other...

Indeed. I ought to work my a$$ off this holiday season trucking so I have trading capital left after paying your fee. Unless you would consider a profit sharing arrangement, of course. Wink. Still, I’m liking the R/R of some of these option spreads plus underlying based on my money...

It sounds like those who poo poo another’s profitable trading methodology simply don’t understand it. Thank you for your post.

Yes. I suspect a more in-depth examination will be forthcoming…

Instead of going through that hassle, how about tell us? What is your performance? Roughly how much of that performance would you attribute to short term trading? Thanks.

Looking to get long based on my definition of a uptrend. A major part of that definition is where previous or current day’s high/low is in relation to the bar(s) before it. Based on Friday’s close, I now consider the market in a uptrend and will look to gain exposure on pullbacks. I will look...

Will be posting my trades, mostly scalps, here for the next week. Been trading better and what to see where I’m at sitting in front of a computer screen for the majority of trading hours of the US session.

I’m going to post my calls and blotter in my For Another Life journal.

Good to hear. Up for a real time post or two? Say in the ES journal?

Pleased to meet you, Mr. Axon. You have written code to profitably exploit a market place inefficiency, You have managed your portfolio exposure using short term adjustments. You are a deca-millionaire. You are not just a consistent, very profitable trader, but seem to be a world class...

You were missing situational awareness. For example, I confidently bought the 30 year near the open for a heat free, nicely profitable scalp. Did not bother checking the report beforehand.

Less pressure on the credit markets, perhaps.

That's it! I've figured out what the Vaccines really do! They turn Whities into Blackies! No more racism! Yay! (Can we get reparations, too?). Sorry, I'm way over caffeinated right now.

Damn. How long ago did you see her show? Edit: I see you said you ran across her video...

Actually, there will be three alerts today. The first one will be for operatives to show up at the designated place to be issued arms. The second alert will be to show up at assigned duty stations. The third alert will be the signal to engage the enemy. How is that for a...

The premium paid for homeowner's insurance is to mainly protect against physical damage to the house and is set by a insurance company using actuaries to estimate risk. Listed option premiums are determined by the market participants comprising those who seek risk and those who seek protection...

A friend and I were climbing Mount Dana in Yosemite Park when lightning hit the road that was almost 4000 feet below us. We were close to the top, but he ran back to the car. I continued to the peak. As it turned out, there were no more strikes.

Trump as Speaker? It would be glorious! Who says armegddon can't be fun!

A budget will be eventually passed. If the budget is smaller, it should be helpful for bonds and equities. If the last rating agency lowers US credit quality a notch from its current highest rating, what effect would that have on US Treasury yields at this point?