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Showing posts from August, 2018

Trump Predicts Market Crash...

To be completely honest, I expected a market crash almost two years ago. 

POSITIONS
EWZ DEC21'18 32 PUT @ 2.84 Sorry Brazil, but I am short on their economy.

UVXY MAR15'19 8 CALL @ 2.79
Looking for volatility to spike sometime this year.
RESULT ?

When Is Enough Enough? Update

It's been a long time since I posted, I have been on a hiatus from blogging here on Trin Cafe.
The Summer break has given me a lot of time for some humble self-reflection on the past 18 months as a "full-time trader". I won't bore you with the details, I will just say that you will learn a lot about yourself after losing the cost of a small house in less than 2 years in this opportunity I have called trading for a living. When years of preparing and saving for the trading account does not pan out as once hoped, what is a trader to do?

Option A: Call it quits.

Option B: Seek small wins and smaller losses.

Option C: I am still searching for an option "C", I am not sure there are any other options. For now, I am sticking with option B.

I am blessed to have a passive income that allows me to sit on my hands and ass long enough to risk it in these financial markets. For better or worse, the Pandora's box has been opened, the genie is out of the bottle, the t…