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I’ve got first dibs on France’s 300 nuclear weapons. Oh wait…

I’ve done worse.

Compare the following payoff matrix of a bullish structured iron condor to owning the underlying. The right most % column represents the return on the underlying for a given price. The other numbers represent the estimated return on maximum risk for the iron condor based on price and date...

Had a conversion with my friend in January 2020, not 2021, but in January, 2020, about the ramifications if Covid-19 hit India. If a truck driver and an electrical engineer can see these things, where is India’s medical profession and political leadership? The WHO had to be in contact with...

Account back over $50k. Sunday night I ended up having the idea that ES might have a good trading range, even though I had earlier called for new highs this week. So I bought some ES bear spreads in puts and hedged most of my negative delta exposure with MES on the idea I would either make...

It’s ok, I don’t inhale!

Uh oh, I’m having a bad feeling about my shrink offering me a refund! (Yes, he is Jewish!)

How does one go about becoming a chosen one? Sir.

Please excuse me in advance for reframing your question: Why don’t people otherwise interested in trading don’t consider joining a trading room? While I can only speak for myself, I believe it is likely there are others who share some of my sentiments. Reasons include, but not necessarily in...

I expect to use basic PPE in public for the rest of my life, while always having “More serious PPE” at the ready, including n95 masks, goggles, and gloves. I also have significant disinfecting supplies at home and in my vehicles. If I perceive events warranting it, I am quite willing to invest...

Account value up .09% on Friday on bearish ES spread, but with mostly ill placed “Scalping” hedges. I am back to flat, because bids in ES seem a bit too firm for there to be a significant correction for now. I am expecting new highs in ES next week. While I will be busy at work next week, I...

gwb-trading, I can only presume you did not read the article above, or if you did, you did not critically think about the misleading, dangerous propaganda-style nature of the article. Either way, shame on you for posting it. Frederick Foresight and wrbtrader, you both gave a “Like” to...

I don’t know. Maybe it is just a feeling the bulls are a little pooped right now.

My main concern for our trades is APPL and other tech companies having blow out quarters, not that anyone should really be that surprised by such earnings reports. My target in ES is 4060 by next week. My time stop is one week. I will probably hedge my options spread on the 5 minute if I...

I like your thinking. The “Metaverse” suggests this is a good place for profit taking to begin, but there is nothing else that compelling that says “Short ES now”. Still, in tribute to your call, I did take a small bear position in ES.

Depending upon one’s frame of reference, policies are like the game of Go, the line between each side’s policy objectives, like tactics and strategy, are oftentimes seemingly blurred. In the end, good policy can be quantified by a metric called “Economy of force”, or similar principles. It is...

I think I can understand where you are coming from. The media relentlessly attacked Trump and the Democrats held impeachment inquiries/proceedings against Trump, what, three times. Now Biden calls for unity the same day another one of Trump’s attorneys gets raided as well as a couple of...

I respect your opinion and value your input. As far as my posting length, it is merely the result if me supporting my statements. I hope Biden does well, because the alternative for us, a country loaded with debt, from national to local governments, to businesses big and small, and consumers...

Just saw Biden’s address to Congress. Certain aspects of Joe’s speech were impressive, such as related to the economy and foreign relations. Other aspects, such as calling for unity while declaring, but not defining, who enemies of the state are, such as “White Supremacists”, and imposing...