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All that matters to me is not taking big losses. I get in a trade and if it I am not up rather quickly I just get out. I have absolute faith in my ability to execute at a good entry price though. Of course, you have to deal with the psychology of missing out and the psychology of a poor win...

A few states in the US have dates like this too but I think everyone knows they will just be pushed out once the time comes. It wasn't that long ago that ethanol was going to save the planet. Even the slightest bit of research at the time made the idea of running society on the energy density...

Are you long or short here? Like 211. 99?

Gun to head, TLSA at $212.75 is a long here. It is a boring stock because people don't really get shook out no matter how stupid the news is.

I have no position in TLT right now. I missed the short. I don't see the trade on either side of TLT here. This part of the curve is fools gold.

Ahh what the fuck, you aren't even trading real money?

I have never traded crypto before but I love the BTC tape and have followed it for years now. Today is a hugely interesting move. Tactically short but the tape today seems massively bullish on the long term to me. At least in the sense of not getting short on the long term.

"Communism will end in China with a good old capitalist crash" --George Soros I think it is from Soros on Soros?

Sorry man, I worry about the availability heuristic so didn't read your response until I closed my SLV trade. I was out near the open so I think I could have sat longer but whatever. Metals wise I trade SLV/GLD/PALL. I don't trade platinum. PALL might be a loss leader but who knows. GLD/SLV are...

You know the old saying, "the market is always wrong"

I am 4-week t-bill and chill investor on long term money here and 4.9% in and out is good enough. I don't have a Robinhood account but it is interesting. It is a compelling reason to open an account and tactically short crypto.

I just read Reminiscences again over the summer and it really is a big part of the start of the story to understand. The bucket shops Livermore is trading against in the book aren't actually placing orders. He is basically trading against the house. That is why at some point no one wants him...

To say China's real estate problems are going to be easy to fix is absurd. The scale of what they have done is just awesome. We are in uncharted territory with no equivalent to compare them to. There is no mystery with what happens here. Problems get swept under the rug until something...

I just listened to the conference call after seeing the blood bath today. Elon pretty much sums up why I am not a motivated buyer even looking at the $217 after market price. Car companies do well in good economic times and not so well in bad economic times. I would usually be quite...

The crypto ETF talk is exactly the same as the chatter in metals before GLD and SLV came out. There were people that thought it would send silver to a 100 as all these big players piled into silver. The whole idea doesn't make sense. Greater price discovery and liquidity doesn't cause a...

ES is basically the old big S&P and the micros are becoming the new e-mini. Big S&P though was 500X the S&P so even institutions don't need a contract with a 2 million dollar value per car. I think we will always have a big and small contract because of such widely different sized...

Personally, I don't do much day trading because most moves don't complete intraday. If you are up at the end of the day why would you want to close the trade and not hold it? Of course, I have trades that I am in and out of in the same day but a strategy based on the idea of not holding an...

I think you need to follow gold, silver, platinum and palladium or just not bother. There is usually a trade brewing in one of them. I have a short term silver long on right now. The palladium ETF is pretty terrible though. For me, they are more tradeable than almost anything else. It is like...

I took my TLT trade off today with a profit. I just don't think it is the same trade as on 10/6 with this war. Too many possible cross currents now on the long end 20+ years for me compared to more 4 week t-bills and chill. I am trying to think through shorting TLT now but I don't think I can...

If by scratches you mean just getting out at break even or a small loss, I wouldn't know how to trade without doing that. I started with a small account years ago and while the money is a pointless amount, a winning trade still feels good. I would just trade based on a % of the account per...