Damocles Weekly Trade Journal
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..
Every day is a new beginning. Take a deep breath and Start Again. Prologue This past year has been one for the books! It will complete 18 months of trading trials, rookie mistakes, and strategic revelations as it comes to..
Prologue For the past couple of weeks, I've been looking into using the Put/Call Ratio as another decision point for my entry or exit rules. This ratio seems to be well received as a "predictor" of sentiment rather than a..
To trudge: the slow, weary, depressing yet determined walk of a man who has nothing left in life except the impulse to simply soldier on.- Geoffrey Chaucer (Movie: A Knight’s Tale) Prologue Standing by itself, the quote above sound defeatist..
Maj. Reisman: So what does that give you?Capt. Stuart Kinder: Doesn’t give me anything. But along with these other results, it gives you just about the most twisted, anti-social bunch of psychopathic deformities I have ever run into! And the worst, the most..
Dream Big!Never let anyone tell you you're not scary!- Mike Wazowski (Movie: Monsters University) Prologue When I first started Options trading last year, I went through a slew of webinars and online courses from Ameritrade. The Options Greeks were a..
We can never see past the choices we don’t understand.”– the Oracle (The Matrix) Prologue It was an iconic early Fall day in Central Texas - blue skies, fresh breeze, comfortable temperature. Feeling invigorated, I decide to spend a leisurely..
I can't afford to die; I'd lose too much money.—George Burns Prologue Every week I learn something new. Whether it's a caveat to an existing rule or a revelation that sets me back on my heels, this week's lesson was..
Prologue Tracking progress and behavior are essential to self-improvement. Whether I am keeping track of calorie intake at the dinner table, sit-ups repetition at the gym or lost balls on the golf course. Keeping a log of my activities is..
The most powerful force in the Universe – compound interest- Albert Einstein Prologue In a previous post, I described two strategies for using Cover-Calls; "1-week strategy" and "1-month strategy". The 1-Week strategy is for required portfolio adjustments. The 1-Month strategy..