Trading the market is a lot like being the manager of a baseball team. As traders, we can’t let one single trade made or break us. We need to compound winner after winner. Baseball’s much the same…
Unusual Options Activity
Bryan Klindworth, my right-hand man, said something in his noon coaching session today that I’d like to touch on… He said, “Every headline you see, no matter which website it comes from, is designed to do one thing, and one thing only: Get you to CLICK!”
Inflation, bad earnings reports, ridiculous tweets from psychotic CEOs… All of these things cause our hearts to race, beating rapidly through the floorboards, a tell-tale trader now in full panic…
What a week it’s been for the stock market! Finally, we see a rally that actually held for more than a day. And although I have my doubts about how “real” this rally is, the profits we’ve been seeing in the Trade Room because of it are very real…
I’m in Nicaragua this week, looking out onto the Pacific lowlands to the west as I write this… Behind me looms the distant shadows of nearly 20 volcanoes that run along the west coast of this country. In their presence, I’m reminded of the infinite dance nature does, toeing the lines of beauty and destruction…
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