Damocles Weekly Trade Journal

Blog Feed

--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..
Wisdom tends to grow in proportionto one's awareness of one's ignorance.- Anthony de Mello Commentary Awareness is a great change agent. This is true if you are walking to your car late at night, responding to kooky emails, or making..
The only way to get rid of your past, is to make a future out of it. – Phillips Brooks Commentary Week one of 2020 has only two trading days - Thursday and Friday. Monday and Tuesday were the last trading..
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..
Prologue This week's post reviews my actions in dealing with an unexpected Assignment to the short-leg of a spread. What I will not cover below is how to manage the in-the-money covered/uncovered call option when approaching ex-dividend. Tips on avoiding..