[There is an update to this story at the bottom of the post, skip ahead if you’re already read the first part] I caught up with a trading friend of mine in Denver this afternoon to chat about what we’re seeing in the markets these days. After the usual swapping of the usual stories of […]
I’ve often been intimidated about going to NYC and interacting with Traders I perceive to be “smarter” or “more sophisticated” than me. New York and Wall Street have an aura about them. One earned over two centuries and perpetuated by romantic stories in the press and in classic books about various “Masters of the Universe” […]
[originally published on August 16, 2018 on medium] In a year filled with many frustrations on several fronts, one area that actually has been going well for me — tactically — is trading. In spite of what many may have assumed after reading my recent post about the unspoken career risks that Traders often unknowingly take on, I haven’t blown up […]
[originally published August 9, 2017 on medium] …and regrettably, I did nothing about it. Tuesday: I’m the Manager of a small but growing hedge fund that has so far delivered performance to my investors of +58% in the 18 months since inception — after my customary “two and twenty” percent management & performance fees. Rock star returns. Wednesday: I’m […]
[originally published August 2, 2017 on medium] Sometime during March or April 2000, I hand wrote a check for $50,000. Writing out “fifty thousand and 00/100” and scribbling my chickenscratch signature was a surreal experience. This was by far the largest check I’d ever written (then and now!). And as I sweated through tearing the […]
[originally published May 8, 2017 on medium] No it’s not a trade gone wrong, a risk poorly managed, a missed opportunity, or a job or partnership I should or should not have taken. I have regrets in all those areas, for sure. But the number one thing I regret and wish I could go back […]
I started trading stocks in 1998 during the great “internet bubble.” 4 years later, I got interested in trading futures, and 3 years after that I started trading options which I’ve been doing primarily ever since. I’m often asked why I trade options these days? And it’s usually obvious the asker is thinking that I’ve […]
[originally published on medium] I’ve been reviewing my journal entries so far this year since I made a strategic decision to shift my options trading in 2018 from short premium & short volatility to long premium & long gamma, and I thought this recent journal entry from January 9th delving into my thought process might be instructional to others […]
[originally published on medium] Last night was another great night for the Colorado Traders meetup group that I run. Our gathering in Denver had over 20 traders from all walks of the trader spectrum. And even more impressive, we had several brand new faces. (If you’re in Colorado, join us!) And one of the questions I’m […]
I consider myself incredibly fortunate to have built up a personal network of extremely talented, helpful, and considerate fellow Traders and fintech professionals — both in real life and online (not real life?). One such individual is Darrin Donnelly, known by many of you as @DarvasTrader on twitter. Darrin recently released the third title in his “Sports […]