Monthly Archives: September 2019

Sep 09

Thinking on who was short UBER

Markets

I have been pondering who was shorting UBER. Hedge funds bet big on it, retailers would only be long, most institutional are long only, and that leaves the question who was on the short side? While it is possible that some hedge funds reversed to short based on new information, I think most likely the […]

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Sep 06

The Forgotten Edge: Scalping MES

Graybox Trading

Recently, due to external obligations, I have not had time to do the proper prep work that I require of myself to trade seriously. Even without proper prep work, the e-micros allow me to control my risk and experiment with scalping techniques. As such, I have been scalping with what one might consider more of […]

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Sep 05

Tactical Trade Idea UBER

Markets

Trade idea: Long 33 Call Options 8 Days Exp. 1 standard deviation move yields a 2 to 1 R (Reward/Risk). A move between 1 and 2 standard deviation yields ~4R trade. Trade is fully risk limited as call options. One way to trade this is just to take profits at resistance or price targets. Another […]

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Sep 05

Good strategic time to add to UBER

Markets

I think now is a good time to add to any UBER positions. Thesis for the trade/add is extreme poor sentiment, improving price, and knowledge from published reports that hedge funds have bet big on UBER. Counter thesis is poor price action on intermediate term and unproven results. I think optimal time to buy UBER […]

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Sep 02

Beware the info illusion

Trader's Mindset

Early on, one way I differentiated myself among others was to make quantified, falsifiable predictions. Among some other market participants and vendors, you will often hear the phrase they don’t predict the market. The question to ask is that if whoever you are following isn’t willing to go out and predict the market, provide strategy, […]

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