Doom and Gloom, and The Damn Thing 2.0
I’m hearing a lot of doom and gloom about the market. Whatever. I hear that noise every once in a while.
What does it matter what other people say? The only thing that matters is what I think and how I trade - at least to me.
Maybe not to you guys.
I haven’t opened a position yet this year. I don’t see any nice setups. I’ve noticed it is a lot easier to have patience when you are swing/position trading. When I was day trading, I was always antsy to trade.
And I don’t like holding shorts overnight.
We have started testing the Damn Thing 2.0 this week. We will probably start live trading soon, which is exciting. The Damn Thing 2.0 has more than 20-1 leverage at the prop firm and super low commissions. It’s hard to refuse something like that. We should be able to make something work - a little side cash at least.
We’re using a new trading platform, with a nicer API - so hopefully things will go more smoothly this time.
I just finished Marooned in Realtime and thought it was great - Vernor Vinge is awesome.
I start classes at Wharton in a couple of weeks through the Entrepreneurship Certificate Program.
