SOLOMON

Nosce Te Ipsum. Option's trader

[CityVibesX @earthviewss1]

Canada 🇨🇦

[CityVibesX @earthviewss1]

London, United Kingdom 🇬🇧🍁

[CityVibesX @earthviewss1]

Autumn vibes in New York 🇺🇸

[The Factor Report @PeterLBrandt]

At Factor Trading, established at the CBOT in 1981, when we are looking to place a bet we examine as many charts of the market as possible. In the case of Soybean Meal, we typically review about a dozen charts. The company's largest current bet is on the Dec delivery

[The Factor Report @PeterLBrandt]

If the markets were living self-aware entities (which in some ways they are -- more on this later) they would have several goals regarding retail traders

1. To make them feel magical before stomping on their heads
2. To make them feel smart just before making them feel like idiots
3. To give them hope just before making them hopeless

Retail traders -- I hope you are aware that the ultimate outcome of the markets is to redistribute wealth from the many to the few

Sorry, I am just trying to be real with you (unlike all the con men who just made 271% on their most recent trade and sponsor a You Tube Channel for $99 per month to share the magic with you

[ConvexEdge @ConvexEdgeX]

@camelfinance It’s so close I can feel it 🤌

[ConvexEdge @ConvexEdgeX]

Update: $TLT

Bonds are hitting new lows again.

We watch and wait for a swing-low pattern to emerge before entering again. This applies only to the trading account.

Long-term positions remain intact and are fully loaded for the turn.

[Wall Street Mav @WallStreetMav]

Ever since the financial crisis in late 2008, the US govt has been in bailout mode. Instead of reducing the risks, they keep piling on more risk.

The Fed is the drug dealer providing the fix for the spending addicts (Congress).

The US Treasury has to refinance $8 trillion per year now in short term debt. AND it has to finance $2.1 trillion in new debt due to budget deficits. The bond markets are getting nervous and demanding higher rates due to the risk.

[Mel Gibson @MelGibsonstory]

September 11th….

Never forget what firemen said on that day, and what the Govt and Media have tried to erase…. 9/11

[Common Sense Investor (CSI) @commonsenseplay]

The sentiment around $TLT could not be worse.

“Stupid move.”
“It’s going lower.”
“Why would you buy bonds here?”

That’s exactly when I am buying more.

The market is now heavily pricing a September Fed hike (PolyMarket has a 65% likelihood of a 25bps incease) - and the CPI report tomorrow could completely change the narrative.

I’m buying the fear.

When everyone is positioned one way, and you have the "HOUSE" positioned the other, I'm betting with the house.

Time will tell.

[The Factor Report @PeterLBrandt]

My trading company, Factor LLC, trades almost exclusively with 1930s classical chart patterns (Richard W. Schabacker)
When I first started we did not have computers. Only later did we have a computer that could print out charts (on that old shiny fax paper
We kept charts my hand
We had no indicators other than open interest and volume
There where bar charts or P&F charts -- that's it
I've seen many TA approaches come and go
I do not go along with almost all the fancy gimmicks such as VWAP. Fifteen years from now people will forget VWAP was even a big thing back when
There is really no edge in any of the FA or TA studies. They are all a gimmick - part of the con that is trading
Yes, folks, active trading in stocks, futures, FX, etc. is the con
The game is rigged to move money from the many to the few
The edge has never been and never will be about the "set -ups."
The game is all about managing losing trades. The con wants you to believe the magic sauce is in the "set-ups"
The stories about a few guys turning $10k into $10M are all part of the game. Sure, there will always be some legit 3 stnd. dev. winners. Good for these guys. I will be the first to praise them for beating the odds
It is easy to make money in the markets - but then try to keep it. That is the hard part
The game all comes down to managing risk and the law of large numbers. The con keeps telling people that the game is all about the fancy indicators and flow and all other sorts of gimmicks being sold for high prices
If there is an advantage anywhere for the average Joe, it is in buying and holding the stock of quality companies. But that idea is poo pooed in most modern narratives of making money
Futures trading presents a major disadvantage relative to long term holds in equity positions
Futures trading is a zero sum game (actually a small minus sum game due to trading costs)
In futures there is a loser for every winner. There are always people or companies on both sides of every trade
Professionals love bull markets in commodities because it attracts retail traders to the game. Most retail traders think the game is all about being right when the real game is all about managing the "wrongs."

[Common Sense Investor (CSI) @commonsenseplay]

I don’t think enough people have fully come to terms with the reality that this administration will go to the ends of the earth to keep rates from moving higher.

Long $TLT.

[Investing With Brandon @Invest_Brandon]

Retail investor: I sold my Apple $AAPL at the end of 2021 for $180/share. Was up 35% on the year. Locked it in like you're supposed to.

Me: Where's it at now?

Retail investor: ...almost double where I sold. Now almost $320

Me: So you took 35%, paid taxes on it, & handed the next 78% to whoever bought your shares.

Retail investor: But it dropped 26% right after in 2022! I dodged that.

Me: You dodged a dip that put a great company on sale... Look at the chart. The 2022 drop is a wiggle now. I bet you didn't allocate more there because you are "out of the trade"

Retail investor: Dang... Yes...

Me: The key is to sell when the actual thesis changes. Valuation. Moat. Story. Ect... Not just an automatic % of profit... Look at Warren Buffett... $BRK has owned Coke for decades. Why? Because what is more compelling & is a new trade worth it to pay takes to allocate to?

Retail investor: I never thought of it this way...

Me: That's how the wealthy do it. Selling your best stock to lock in 35% is how you stay middle class with a great pick.

[Navalism @NavalismHQ]

"The more you know, the less you diversify."

@naval

[Market Rebellion @RebellioMarket]

MY EDGE: BREAKOUT VOLUME:

[Invest In Assets 📈 @InvestInAssets]

Worth reflecting on:

[Introvert Memes @introverts007]

Introverts don’t hate guests.
They hate unannounced guests.
A planned visit gives them time to prepare their energy. A surprise knock at the door feels like someone just walked into their quiet without knocking on their nervous system first.

[Sam Gatlin @sam_gatlin]

Crude oil futures look ready to moon again 🌙

[Invest In Assets 📈 @InvestInAssets]

The stock market is a place to be long-term:

[Kacper Piotr Kaminski @Kacper_PK_CH]

Coal - $COAL

Now in long-term uptrend, about to break out. Really, it's as pretty as charts get.