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Closed the 'fly for a loss at 12.75. At one point this trade had an open loss more than my loss allowance. Must remember to apply a stress test to each position and hedge excess deltas as appropriate. Although I'm not impressed by the news late afternoon yesterday, the critical thing I...

Bugenhagen warned me about you. Bugenhagen and I had some fine battles together. However, I think I'm going to join him on this one.

World pressure on the Chinese will likely get them to impliment much needed sanitary standards on their livestock and food markets. As far as being able to extract additional concessions beyond that seems more speculative. The world has been suffering over Chinese sanitation problems for...

There certaintly has been a lot of suffering throughout this history of Communism, but from what I've seen of people who lived under Communist rule, many are solid individuals. To characterize Communism as destroying the soul seems a bit much. Perhaps such a characterization might be better...

I'll take it. It is a sign of forward thinking. For a change.

Let's face reality. Our system was built upon hard work, ethics, and believing in a higher power that emphasized treating one another fairly. Reliable rule of law was another strong point we possessed. This created freedom, wealth, and technological innovation the world had never seen before...

Trailing stop hit 8958.00. I would have gotten out earlier, say 8942, but I was blogging. I'm such an idiot.

Hate to break it to you, but China is rising and the US is declining. China, with its billion more people than we have, technological parity in some areas and gaining ground in other areas, massive manufacturing base, and a more focused leadership than we have makes their lone superpower status...

Short 1 MNQ at 8962 because I don't like money. Edit: Target is 8936, stop is 8988.

Read today an article in NEJM.org that discussed Iceland's experience with Covid-19. They had prepared well in advance, had both random and voluntary testing of a statistically meaningful number of their population, and they still feel they will not be able to stop the virus from spreading...

The Chinese are merely preparing for a Biden Presidency.

You mean my former Black girlfriend. The last time I saw her, after I stopped the car to drop her off, I leaned over to kiss her cheek instead of the customary passionate embrace. She indicated her displeasure at such a weak display of affection. I said it's a tough thing... It's a tough...

Closed out 2 ES April 17/April 20 2700 calendar spread for a net gain of $80. I had to get in well in the overnight session and exit well during RTH just to do that. What a market! What a Nasdaq! At least this journal is now in the green. Just went long a April 22 (Opps, should have been...

It would be a different story if there was a "Love" button!

So the virus that originated in Wuhan, China because of unsanitary conditions at a market, like many other Chinese viruses that preceded it, including SARS, Avian Flu, H1N1, as well as many of our annual global flu outbreaks, regardless of which US Presidential Administration, came here how...

Trump is losing it. Only his name on the check? I would have thought the check would have included a buffed out likeness of Trump leading the charge with a large US flag and heraldic flying eagle behind him. Perhaps the check could be formatted to look like legal tender. Stop the presses...

Did some nice scalping Monday night. First off was a couple of reversion to mean trades where my marketable orders were not filled. It turned out that IB was updating my account, preventing my order from being released. Wish there was an indication of this beforehand. IB said logging out and...

Daytrading 'flys? God help me. My trading does not have my full attention right now as I am working 70 plus hours per week. I want to grow my net worth as quickly as possible given anticipated economic challenges ahead for my industry. I went for a very bearish 'fly on watching rapidly...

Moving on. I'm pretty much done talking about politics. Whether We, our Constitution, and our economic system is pounded by a 10 lb dick with lube or a 5 lb dick without lube in the ass makes little difference: We are still fucked. Care to talk about trading? While we still can? Sir...

Closed my ES fly Sunday night at 18.00, which was slightly better than break even. After about an hour or so, I noticed a very tight range form on the one minute chart for about 5 minutes are so. The bids were getting hit, but would not budge. Later, much larger size came in and finally was...