Trading to win using the Secret Code of the Illuminati

Tag archive for ‘volatility’

A Ship of Fools

A Ship of Fools

The current market has to be about as dangerous a place to be right now for undisciplined traders. Whipsaws and 35 to 40 point swings are the current norm. One trader I saw posted he is using a ten point stop. TEN. Someone else I know uses THIRTY. Like the inflated currency of today, I […]

Thanks Jim

Thanks Jim

As if the market doesn’t have enough problems already, Jim had to go and give us his opinion on national TV. I actually don’t have a problem with his thinking; but isn’t this a bit like closing the barn door after the horse got out? We are testing the lows of 2003, and his suggestion […]

Confuse us says: The long and short of option expiration

Confuse us says: The long and short of option expiration

Option expiration is a study in volatility. If you accept the premise that wall street insiders have an edge, then you are ahead of the game. The trick is to synchronize our mind with theirs, and stay one step ahead of the pack rather than always being a step behind. If you also accept the […]

Oh what a tangled web we weave…

Oh what a tangled web we weave…

The spiders are spinning a tale that is getting harder and harder to believe. The bogus gap up into friday’s globex high fooled no one but the most ardent bulls. Indymac, freddy, fannie, and the brokers led the way to another punishing day for those long the market. A marginal new low was made, and the […]

The quick and the dead

The quick and the dead

V is for Volatility, and dramamine is the required prescription for those without a proper sense of balance. I love to take trades with the trend until they stop working; I will leave guessing market tops or bottoms to those who care to try and outwit the market. How do you spot the early stages […]

Big George

Big George

He was a giant among us. In high school, I faced George at the plate a few times. Like the Ryan Express, he could really bring the heat. Even then he had a major league fastball. Whifferoo was all I could do. After I was set up with the high hard one, all it would take was two of […]