Here is a list of trade ideas organized by date, ticker symbol and directional bias. Please make sure you have clicked on the link and read the details surrounding the trade before acting upon any of them. Also, make sure you have checked with your financial advisor and tax accountants to make sure you are suitable to be executing what is discussed on this website. The risk management procedures and targets are detailed for each idea. Please read and review the terms and conditions page before making any trades of your own.
Today's trade is in a name that has the potential to really rip. Of course, the nature of this type of trade is that it has a lower probability of success.
But if we get it right, our potential gains will likely be exponentially higher than any heat we're likely to take in this trade if we're early or wrong.
Bitcoin has hit our primary long-term target of the former all time highs near the upper 60,000s. So what now? Does the entire asset class cool-off? Or does money rotate from the extended names down into the assets only beginning to participate?
The book isn’t addressed to traders, though it frequently references our profession in its anecdotes and many of the stories are very relatable.
And it certainly has me thinking about better ways to decide to quit a trade, quit a strategy, or quit a product.
I frequently go down rabbit holes, experimenting with models to extract consistent, repeatable, acceptably risk-adjusted returns via index options. I’ve written about my near-constant obsession with this project numerous times. It continues.
As a trader, it's always good to be working on some kind of “side hustle.” In our cases, this is more likely to look like building a new strategy, fine-tuning a scanning method, or constructing a money management scheme that can propel us into becoming more profitable traders.
