I F*d up.

And when I do, I usually suffer the consequences – almost without exception.

It sounds so simple.

To win at trading means to take profits.

Slippery markets make for rising options premiums. And one sector ETF is currently rising head and shoulders above the rest, offering some juicy premiums for us to sell into along with a wide risk management band for us to dance in.

So let's...

When I last wrote to you, I was mired in a spiral of frustration as I grappled with understanding what went wrong with one of my strategies, what I missed that opened the door to a larger-than-expected loss, and how...

As a trader, I’ve grown comfortable with losing.

Losing money is part of winning over the long run.

In the options market, summer flights priced in Boeing options are pretty cheap right now.

I think I'll be looking to take a flight to a fun European destination if I can get a bullish position in Boeing to pay for it. Maybe I'll even fly on a...

Whoa baby. This might be a fun one. Or not. Either way, we'll likely find out pretty quickly.

Chinese stocks continue to offer up interesting opportunities. And today's trade is no exception. And to play it, we're going to do it in a fairly...

[9/7: updated stop to 56]

As promised during yesterday's The FLOW show, I'm following up on a possible trade idea we discussed.

However, after Strazza and I put our...

It’s easy to follow a trading plan when the price action is moving our way. We feel like geniuses.

Look at me! I’m so smart! The stock market is doing exactly what I planned for it to do! Let’s go car shopping!

But how do I feel...

Today’s note has nothing to do with trading, and absolutely everything to do with trading.

Let me explain.

The solutions to trading problems aren’t always found when we’re trading. In fact, I would argue most of the time they aren’t....

Chinese content? What?

Look, I don't know. I just follow Price. They are all just letters and numbers to me. If it trades, it's liquid, and there's a good technical setup -- that's all I need.

It just so happens that this particular...

Vega risk is real.

— Sean McLaughlin, NLD 📈 (@chicagosean) January 24, 2023

I tweeted that earlier today as I was feeling my...