Today is one of those days where I am seeing the market well but timing is slightly off.  It is a little harder for me to scratch a trade and work around a position, like yesterday.  Yesterday spoiled me a little. Lesson learned. One of the mistakes that traders make is they see the market…

I am looking back on how my objective as a trader has evolved.  It is funny how much theory and application changes how you view things.  Letting the market/situation change how you view it is important.  Everybody comes in with some expectations and it is constant race to keep the spread tight between expectation and reality….

I wanted to make money from the start.  I thought it was going to be easy. Everyone was making money.  Remember, I started my trading career at the CME.  You knew if people were making money.  You could see the cars they were driving.  You would see them at breakfast eating lobster at the Merc…

The brokers in the pit continued to buy them especially in the 1292.00 to 1294.00 this morning ahead of the Housing Index number. They might know something we don’t know. The VIX opened on the highs and went straight down from there.  I thought bonds would tip its hand but has not done too much….

Brokers came in this morning and bought a decent amount in the pit.  I put some credence in that they bought them but that information I file away.  What is more interesting is that they worked many big orders.  Normally the brokers will try to hide it.  It means someone really wanted those prices or…