Iβm Long Gamma.
The tiny losses continue piling up as my breakout strategy is out of sync with this market. But man, they sure add up. It has now been 75 trading days since I last hit equity highs on June 2nd. And my
Yesterday afternoon, at a nearby park, I walked a labyrinth similar to this one in the image above. It's along a gently flowing stream, shaded by a bunch of trees, and the local arts community have
Months like the one that just ended are the cost of trendfollowing. If you can't pay the price, you can't play the game. Let's rip the bandaid off: August options sucked for me in my Blue Skies
When markets move, smart traders adapt. And smart traders are increasingly utilizing the power of options and options spreads to create opportunities that simply arenβt available to normal equities or
When I cut losses, it is an act of stripping away that which is not working for my portfolio. But cutting losses goes far beyond trades and portfolios. It is a way of life. One thing Iβve become
July options closed slightly in the red, basically handing back what I made in June. And if you zoom out, the last four expiration cycles have netted close to flat. April was ugly, down over 22%. May
Hello again, Spirit Animals. I'm getting lucky again. But it's not dumb, blind luck. It's the kind of luck one creates by having a process or method and staying true to it day in and day out. On
...and I took 235 swings to find it. June expiration came and went and the final results are in for my Blue Skies trading account. Let's get the headline numbers out of the way: Number of Trades: 235
The Fox Raided Our Henhouse Hello again, Spirit Animals. Fox raided our henhouse. Me and All Star Options subscribers had been riding a calendar spread in $ROKU options for the past few weeks. And
Love the game. Love myself. Love others. Profits are a byproduct of how well I can do these three things successfully. Hello again, Spirit Animals. This started as a private entry in my journal, but
Let Oscar show you the way. Hello again, Spirit Animals. SpaceX is IPO-ing this week, in case you haven't heard. LOL. Don't buy it. Not now. I'd like to point you to a very different company that
