Search results

Terrible trading this week, although I did squeak out a profit. I closed my CL spread because the trade was not performing to my expectations. I mechanically bought MJY on a RTM setup, only to see the market move one direction against me, ultimately costing me more in pips than my target...

My rating of the Biden-Harris Administration remains “Above Average” with a positive outlook, as in “Elite” status being in play, if not probable at this point. While it is easy to be a hero to most when you “Give away money”, Joe is certainly hitting prominent economic growth engines...

I’m surprised no one brought it up, but I did blame Trump for 300,000 Covid deaths, but I gave him a mulligan for them. Obviously, I now have a different opinion because Covid, although serious, turned out to be not as serious as earlier feared and Covid’s impact on our economy has been deeper...

The ends justify the means, eh? Historical note: The end justifies the means is a phrase of Sergey Nechayev, the 19th century Russian revolutionary. It means that if a goal is morally important enough, any method of getting it is acceptable. ... It was part of a political philosophy called...

All polls measure nowadays in the US is the effectiveness of media propaganda.

I feel improperly conducted polls by discredited organizations, asking irrelevant questions to propagandized and uninformed people, has no value-add to this discussion.

Trump has a lot supporters who believe he(And them) got screwed in the elections by a political entity they deeply mistrust. These are facts that should be considered every time Trump’s name is brought up. The optics of going continuing to go after Trump when he is no longer responsible for...

I understand the benefits of making the effort to optimize my trading rather than knowing how to do that mathematically. Thanks for the heads up on Ralph Vince. Another for the ever expanding to do list!

So far, all the anti-Trumpers could come up with was some statistics that do not account differences between countries and some silly comments of Trump. Not one word on what a better policy on pandemics would look like, even knowing what we know now. In other words, the Democrats don’t have...

Again, without accounting for the differences among population groups between countries, drawing conclusions on particular statistics is misleading and unfair. At least the US per capita death rate was not the worst for developed countries. Further, many official causes of death attributed to...

I saw wrbtrading’s BS post (He has me on ignore). Actually, it’s the Leftist media and the Democrats who spend much of their time making things political, like the Coronavirus or any statement that can be remotely interpreted as racist, sexist or homophobic. Even the Trump campaign’s tagline...

Again, the US population is different than most other countries because of how active we are as consumers. Most of us shop or otherwise visit a business several times per day, increasing our exposure to multiple people. US population commutes are longer, making geographic containment policy...

Response to Tony Stark’s posts: Trump, as other Presidents, have said dumb things. Sure, Trump had more than his fair share with Corona, but Trump’s actual policies were reasonable. As far as infection rate comparisons between countries, the US has a much more mobile population than many...

As we know, competent US Presidents are able to stop the spread of viruses. Exceptional US Presidents are able to stop viruses with wide open borders. Can you imagine what Biden will do to the poor Coronavirus having the use of several vaccines for 100% of his Presidential term? Corona is...

A little more detail from the NEJM.org on Covid variants: New SARS-CoV-2 Variants — Clinical, Public Health, and Vaccine Implications TO THE EDITOR: Across the world, there are multiple variants of severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), the virus that causes coronavirus...

You haven’t seen the other 90% of Vancouver, WA.

I didn’t intend to sound critical of those being critical about Portland, etc. The many trash piles left by the homeless cheapens Portland’s image to the probable detriment of high revenue generating tourism, thus leaving less resources for local government to ease the homeless situation, among...

The M6A and CL fly trades were reversion to mean ideas. Although both did partially recover after establishing my positions, the recovery was more of a dead cat bounce rather than a solid rally. I only had about 5 CL delta of exposure, but crude dropped over 6 1/2% the next day breaching its...

I visited a poker room, aka “Social Club” in Portland, OR yesterday. They had 3 tables going with 9 players plus one dealer each. At least they had masks on. It has been two years since I’ve played poker in Portland. This poker room used to be at Portland Meadows, but it has apparently since...

Another busy week, but fired off a couple of trades early on. The M6A trade was partial hedge placed while I worked a related options order that ultimately never filled. The trade on CL is a good case study in several respects and will go over it in next post. “For the wont of a eighth, a...