Superstitious - big time. When

    Posted by DigiNomad on 24th of May 2023 at 11:35 am

    Superstitious - big time. When the market was just moving sideways to up for so long, I finally decided to add some long delta (short SPX puts) as a kind of offering to the market gods. Literally 2 trading days after I added long delta exposure, the market got hit.  For my fellow bears, you're welcome!  (I'm not always a bear, by any means, but the fundamental analysis has me on that side for now). 

    What else is expected when

    Posted by junkie on 24th of May 2023 at 11:46 am

    What else is expected when prices are in the supply zone near a double top?

    It doesn always work out.

    Posted by DigiNomad on 24th of May 2023 at 12:19 pm

    It doesn always work out. I did a thought experiment when I started trading 20 + years ago on what would happen If I made 1% per trading day in perpetuity. When the number computed was incomprehensible (trillions) I quickly realized that scaling expectations was going to be critical. If there were easy answers in this business, we would have trillionaires. We don't, which is instructive. 

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