Cash is a Position

If you’re worried, scared, uncertain, unhappy, on tilt — or all of the above, depending on the hour — it’s ok to do nothing. Cash is a position. Cash is comfort. Cash is control. Cash is Safety. It can be very tempting to go in and try to sell all the premium you can here […]

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How This Bear Market Is Different

When the NASDAQ peaked and crashed in 2000, that was something. In hindsight, it was an appropriate ending to an unprecedented rise in speculative investing that the markets hadn’t seen in generations. It was really the only way that could resolve. And when the bubble popped, a bunch of Johnny-come-lately speculators who’d never been on […]

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The Stakes Are Higher

Today is my Son’s 5th birthday. It’s a significant one, if only mostly to me. This is because my 5th birthday is a day I count amongst my earliest memories in life. I remember, in great detail, my blue frosting slathered Cookie Monster cake. It was delivered to me on the picnic table of my […]

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My Trading Tao Te Ching, part 9.

Fill your bowl to the brim and it will spill. Keep sharpening your knife and it will blunt. Chase after money and security and your heart will never unclench. Care about people’s approval and you will be their prisoner.   Do your work, then step back. The only path to serenity. — from Tao Te […]

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My Trading Tao Te Ching, part 8.

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The supreme good is like water, which nourishes all things without trying to. It is content with the low places that people disdain. Thus it is like the Tao.   In dwelling, live close to the ground. In thinking, keep to the simple. In conflict, be fair and generous. In governing, don’t try to control. […]

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[Podcast] The Workhorse: Scott Redler

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Meet the Red Dog, Scott Redler (@RedDogT3 on twitter), Chief Strategist at T3 — a proprietary trading firm in New York City. Scott credits childhood stints as a dancer, MC, wrestler, and lacrosse player for providing the building blocks that taught him how to think quickly on his feet. And these skills translated into the […]

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