Damocles Weekly Trade Journal

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Commentary We need to CHILLAX! As of this Monday morning (3/9/20), every Vertical Bull Put Credit Spread in my Options portfolio is insanely deep ITM. This equates to a possible max loss of $2,713 if all positions fail. My job..
--Matt Farrell: The first time I heard the concept of a Fire-Sell, I actually thought it would be cool if anyone ever really did it. Just hit the reset button – melt the system just for fun.--John McClane: Hey, it's..
Commentary This week's commentary was preempted by the market meltdown. Much of my time was focused on determining which strategy to use and the possibility of managing any losing trades. So for this week, we are doing nothing but Trade..
"True love is the greatest thing in the world - except for a nice MLT- mutton, lettuce, and tomato sandwich, where the Mutton is nice and lean and the tomato is ripe." - Miracle Max (Move: Princess Bride) Commentary Happy Valentines..
Commentary This week's post encompasses three weeks of activity. During the first two weeks, I enjoyed a smooth Caribbean cruise to the Panama Canals and back. During these two weeks, I only had spotty Internet access. So, I was only..
Market volatility can tell me a lot about the broader market, and one of the most useful volatility indicators is the CBOE VIX Market Sentiment. But sometimes, it just flys over my head. Table of Content Commentary - Guardian of..
Let it go, let it go.You'll never see me cry.The cold never bothered me anyway.(Movie: Frozen) Prologue This post is my final 2019 entry as a trainee. And as the verse above states: I'm letting it go! For a final..