I Am Not My P&L

Happiness is our natural state. Happiness is the natural state of little children, to whom the kingdom belongs until they have been polluted and contaminated by the stupidity of society and culture. ~ Anthony De Mello, Awareness Remember a time when all the mattered was whatever happened on your block,...

What Makes Me Stand Tall

The only things that can ever have value to you are the things you’ve invested yourself in. Each setback is an opportunity to invest more, and to enlarge the size of your eventual reward. ~ Ralph Marston This is what has always driven me in trading. The ability to build...

Serenity Leads to Profits

You don't have to add anything in order to be happy; you've got to drop something. ~ Anthony De Mello, Awareness A couple weeks ago I published a piece discussing transitioning my portfolio into a long gamma, long volatility trading strategy. You can read it here. I hinted in that...

The Next Great Advance

Sometimes you have to give up. Sometimes knowing when to give up, when to try something else, is genius. Giving up doesn’t mean stopping. Don’t ever stop. ~ Phil Knight, Shoe Dog I'm too hard on myself. I've often confused the point Mr. Knight is making above. I've often tricked...

What’s the Keyboard Cowboy Version of Coal Mining Dust?

So it goes for our kids. It’s tempting to tell them exactly what they can and can’t do. It’s tempting to tell them what you expect them to do, or explain how the world works. But would you have listened to that when you were their age? What did you do...

Stepping On The Gas

You have the power to choose the direction of your focus. You have the ability to find the good in each moment, in every occurrence, and move forward with it. ~ Ralph Marsten This is a lesson I try to impart to my Son on a nearly daily basis. It's...

True North

Life favors the specific ask and punishes the vague wish. ~ From Tools of the Titans, by Tim Ferris If I had a time machine, like many of you I'd definitely use it to go back in time and redo or rethink certain major decisions in my life. First and...

No Time for Drama

Grant me the Serenity to accept the things I cannot change, The courage to change the things I can, and The wisdom to know the difference. ~ The Serenity Prayer via GIPHY SERENITY NOW! One of my all-time favorite episodes from Seinfeld. I'm constantly uttering this exclamation. Both tongue-in-cheek and...

Everything Else is a Win

Ask yourself, “What is the worst that can possibly happen?” Prepare to accept it if you have to. Then calmly proceed to improve on the worst. ~ Dale Carnegie, How to Stop Worrying and Start Living This piece of advice started working for me in trading years ago, and then...

The Strength To Plow Ahead

“Tell your heart that the fear of suffering is worse than the suffering itself. And that no heart has ever suffered when it goes in search of its dreams, because every second of the search is a second’s encounter with God and with eternity.” from, The Alchemist by Paulo Coehlo...

Forged By The Heat of the Battle

“There is only one way to learn,” the alchemist answered. “It’s through action. Everything you need to know you have learned through your journey. ~ From, The Alchemist by Paulo Coelho This hits home. Hard. My greatest curse as a Trader, Son, Student, Husband, Father, and Human is that the only...

I Decide

“There’s no point in being unhappy about things you can’t change, and no point being unhappy about things you can.” ~ Dan Harris, 10% Happier Traders often complain about the "dark forces" of high frequency trading robots, market makers, the "plunge protection team," dark pools, and insiders as being part...