Damocles Weekly Trade Journal
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..
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..
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..
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..
These aren't the droids you're looking for.Obi-Wan: (Movie: Star Wars - A New Hope) Prologue I initially dipped my delicate tootsies in the tidal wave of Options trading by dutifully going through every online course that Ameritrade has to offer...