An Ok Day…This Is Fine

profilepic1The New York Stock Exchange traded with good energy this morning. I don’t remember what it was that shook the markets but I know it has something to do with geopolitics. Nevertheless, if there’s movement in the markets, then there’s a chance for me to make money. I need the markets to move because if they don’t I become worried and when I become worried nothing happens.

I traded The British Pound this morning and I only did less than a handful of roundtrips before coming away with a relatively nice score on size. Now, with such a beautiful PnL number I debated whether or not it was worth it to even trade the cash open. However, I have faith in myself and knowing what to do riskwise so I didn’t really think much of it. I know when to get out and I know when to stay. These are things that have served me well throughout this ill-fated career and served me well today. I just felt like after such a great performance in British Pound futures, there was just no way I was going to be able to do the same at the cash open. I felt it right away as my size trades went nowhere and went nowhere fast. I decided to call it a day before the damage became inexcusable.

It is a really muggy day today here in the East Coast of the United States. It’s the perfect day to veg out and enjoy some beer and snacks. I don’t know if I have any snacks in the house so beer will have to do. I may have the capability to go and create a peanut butter sandwich. That is a major plus among the many blessings that God has given to me.

Hello Darkness, My Old Friend (Job That I Hate)

prof1The New York Stock Exchange had a good open this morning. Things moved swiftly and there were several perches by which one could spring into a trade.

This morning, I traded Cocoa and I got off to a crappy start stumbling and bumbling because I traded pretty much to my capacity in those asset trades and netted next to nothing from it. The cash open was a little different but because I chilled out a little bit on my risk profile, I didn’t make as much as I wanted to. It was worth noting here that I also traded to my capital limits and even though I did much better than my Cocoa trades, it didn’t FEEL all that much better when I aggregated the final PnL numbers.

Today is a pretty quiet day. I have nothing to say but plenty of things to get done around the house. I had a minor distraction this morning which has thrown off a lot of my routine but winners adapt and losers take naps so I have to keep going no matter what the day brings me. I wasn’t especially productive but I’ll take today’s PnL number since I’m just coming out of a long weekend.

 

Wish I Traded Today

Wow, that was some action we had in the markets today.

But I wasn’t there. I just decided to take the extra day off. Not that I could afford it, mind you but in my head I just felt like if I was going to take a day off for the hell of it, it should be on this three day weekend. Now I wish I could take it back after seeing the money that I could have made.

I’ll just leave you with some internet weirdness.

Memorial Day Weekend

 

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I didn’t trade today in observance of the upcoming holiday. Besides, most people are probably headed out to the Hamptons or the lakeside towns out in Chicago. The wife will be getting out of work early so it’ll just be us as I fire up dinner on the grill.

Memorial Day, outside of Christmas, Easter & Thanksgiving is the most important holiday to me and this is something I will impress upon my children. It means everything that the freedoms I enjoy, and many times take for granted, were paid for in blood by people whose level of moral fiber I will never be able to approach.

On The Home Stretch

The New York Stock Exchange traded like ass this morning.

Gonna make this quick because I don’t have a whole lot of time.

Cash open – it was cool.

Asset trades – it was cool too.

Did I beat business costs meaningfully? A tepid yes.

Did I have fun doing it? Fuck no.

Do I want Carl Jr.’s burgers and onion rings for dinner? Hella yeah, biatch!

 

 

Easy Like Sunday Morning

prof7The New York Stock Exchange traded briskly this morning which was a surprise because I thought we were going to get another one of those days where we’d trade low and slow. Things have been kind of calm lately and we now have news that the North Korea denuclearization talks might be stalled or completely cancelled. I can’t say anything about that. I guess North Korea is looking forward to having their country levelled and replaced with condominiums, Wal-Marts, and McDonalds – things that are derided here in the United States but would prove to be an improvement of time-travel proportions to the citizens there.

Anywayyyyyyyyyyy…..today was an uphill battle for me. It wasn’t bad, it was just uphill for me from the very beginning. I took a handful of trades in the British Pound and Wheat and managed to break even after all was said and done in those two assets. When the equity index markets opened I though I’d get some nice green numbers in the PnL but in the end after a handful of trades losing and winning money, I won on balance but my net was just not as productive given what I wanted to make.

I’m gonna take it easy for the rest of the day. It looks like a nice day to go take the truck for a car wash. After that, I don’t know what I’d like to do. All I know is that I’d like to not think about trading until tomorrow when I fire up the rig. For now, I’d just like to be thankful to God and go on with the rest of the day.

Why, Yes! I’d Love Rain On My Parade!

prof5The New York Stock Exchange didn’t really trade as well in the open. There were opportunities, don’t get me wrong but overall, things just felt too sluggish and too distracted. I know better than to trade these markets because liquidity vacuums like this are when people get their capital reserves drained.

Today was a bit of a double whammy for me and I’ll explain why:

I didn’t trade any assets today because I looked at my charts and I was like: “hmmm, doesn’t really look like I can get into anything in a meaningful way, or even in a reduced risk way…”, so I decided that instead of going small into trades that I didn’t feel good about, I would just wait for the cash open to use my capital in a more productive way. Thinking back, I would have been better off trading any asset outside of the equity indices. When the NYSE opened up, I took a handful of trades on default size and realized I painted myself into a corner. I could have kept trading looking for a rainbow but I realized that would cost me more capital than it was worth. I logged off the trading software and called it a day.

I do not like looking at red numbers in my final PnL but that’s the reality that I had to accept after today’s performance. I did not do well by my standards and could have avoided the capital expenditure. I feel bad, yes so I will more than likely go do some housework to get the bad taste out of my mouth. I’ll be ready for tomorrow; thank God I still have the capital and that I’m still in business.