You need an algorithm

Someone smarter than me (I can't remember who it was) made the distinction that we can distinguish games of pure luck and those that require some skill by whether or not you can lose on purpose. For instance, if you were betting on the flip of a coin, you can't lose on purpose. Poker, on... Continue Reading →

ACE your DAY

Given all that is going on in the world right now, I think it is important to remember our spheres of control. There is so much going on in the world right now with the Coronavirus, the government, the markets. And then you can throw in all those personal matters like sick or hurt loved... Continue Reading →

The Risk Not Taken

We cannot eliminate risk. We can only choose the risks that we think are worth it. I have worked in the "risk management" realm for quite a while in various realms. Options trading is, at its heart, all about risk management, or as some say, risk transfer. But if you are trading, no matter how... Continue Reading →

Figuring Out What Works

More and more I have come to realize that there are no answers. There is no best way to do something. There is no path to success. There are, however, likely best ways for YOU to do things. And there are many paths to success, some of which will suit you. I have always had... Continue Reading →

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