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Mreh. I must have a little extra testosterone floating around as I feel like competing against someone. Up for a Metamucil drinking contest? Grin.

I just don’t trust tiny red bars. Even after hours. There have been three of them. Seems like consolidation. I’m using 30 minute charts.

Out at 3827.50. Too quiet, maybe dangerously quiet, and NQ refuses to sell off. I’ll take another look after Europe has been trading for a while.

Short 1 MES at 3828.00. Stop 3835.00, target 3815.00. Low confidence trade, but it’s only money!

Mainstream Presidential polls are not credible because have been discredited again in 2020, not just in 2016. Mainstream polls are an attempt to manipulate public opinion by relying on the psychological need of many people to feel they are part of a popular or perceived “Winning” group. It...

Monthly poll update: How do you see History Remembering the Biden -Harris Administration? Elite 1 vote(s) 6.3% * Above Average 4 vote(s) 25.0% Average 0 vote(s) 0.0% Below Average 2 vote(s) 12.5% Disaster 9 vote(s) 56.3% My vote is still on “Above average”, but I’m voluntarily “Locking”...

Witty, but wimpy comment there. Do you have the testicular fortitude to directly respond to my post? If you are nervous about the prospect of having a debate with me, suck it up, take a few deep breaths, and plow forward, Mr. Two Metres.

Propaganda much? Actually, the title of this thread should read “Insecure men are more likely to entertain gender reassignment surgery and vote for Leftists”. Deep down, even you know the above statement is true.

You are a sniper!

Too late for me to buy ES on my current time frame without a correction; too early to short on a reversion to mean strategy. There are other markets, however. I’m thinking markets that tend to become bullish when risk appetite increases, such as non-flight to quality currencies and emerging...

Odds are, nothing will happen to our solar system after the Milky Way Galaxy “Collides” with the Andromeda Galaxy, as distances between solar systems within each galaxy are usually measured in light years. For comparison, the inner edge of the Oort Cloud is roughly 14 light days away, far...

On managing my directional butterfly options orders, I’ve decided to take on an equivalent, delta adjusted position in the underlying while working the related options order. I may also try legging in at least part of the order starting with the most expensive long option or vertical spread...

Silver looks like an odd man out so far tonight. Fade opportunity at roughly 12 standard deviations away from weekly moving average? Edit: Reference price March Comex Silver, $28.84.

There are just so many possibilities for viable strategies for a given time frame. Unless you have have anything specific to relay about currencies, other than, say, lower average daily ranges measured in ticks versus stock index futures, currencies seem like just another asset class. Think...

I perceive forex as usually “Well behaved” as for as either reversion to mean strategies, shorter term trading range strategies, and longer term trend following strategies. Further, it seems forex often lags changes in the risk environment as indicated by equity indexes, sometimes even offering...

I read The Market Taker’s Edge again by Dan Passarelli, former options market maker. Some of his content regarding hedging and pricing, although seemingly basic, stimulated some ideas. Next up is Options, Futures, and other Derivatives by John C. Hull. This book should help me look at option...

No new trades last week. Account value ended at down a little less than .7%. Transportation and financial stocks continue to remain notably weak given perceived current economic conditions now versus 12 months ago. China reported surprisingly strong economic growth last week as well. Is it...

Account value down $350 mostly on adverse price movement on overnight position, lost on new AUD option spread, and, of course, bad timing. I am now flat. I read another options book yesterday and although only 4 of 200 or pages had any real content, it did remind me how little I know about...

You know what happens when a political party does not have to fear losing elections, right? If Biden signs this bill, he becomes the worst President in US history, effectively attempting to destroy our Democracy. You forgot about the Supreme Court. I would expect an early challenge by...

Attached below is an example profile / payoff diagram of a 1-2-1 spread based on 75/25/5 deltas. I may structure my options trades differently than this example according to opportunities in term structure, skew, and my outlook. http://opcalc.com/lQC The above link should show payoffs...