While you lowly mortals are slowly awakening from your tryptophan induced slumbers the mighty Mole is already banking coin whilst selecting future victims for lawful extraction of ill-gotten gains [insert evil laughter of your choice] As tough as this racket may be at times and despite the personal toll it invariably takes on us over time – you’ve got to love that feeling of waking up in the morning and realizing that your campaign has produced yet another R overnight. As a trader by heart and evil speculator by trade this more than makes up for all those dark times when find yourself on the losing end of the market’s zero sum equation.
We didn’t have much in the running over the long weekend but as the saying goes, it’s quality not quantity that counts, right? E-Mini stop out on Friday during a little spike lower, which barring a crystal ball could not have been avoided IMO. But 2.2R in the bank and we aren’t going to complain, are we now?
Incidentally those lofty new equity heights dropped the VIX to a new all-time low of 8.56 albeit only for 14 seconds after 1pm Eastern. Still though, it’s on the books and I have an inkling that one day in the not so distant future we’ll look at that chart and have a good giggle. We’re probably going to open into double digits but on a little drop lower don’t forget to pick up a bit more LT downside protection. Yes, I know it seems like a waste of money now but you’ll thank me later.
The EUR/USD campaign is giving me an idea how someone with bipolar disorder or split personality must feel like. Awesome to count another 2.5R in the bank but damn… life is getting expensive again over here in Europe. It’s time you guys in the U.S. get your economic act together! Anyway, stop is now below the recent spike low and the way it’s going we may have to advance that one tomorrow again. At least the campaign is offsetting some of the pain at the cashier over here.
You probably have all but forgotten about the GBP/USD campaign which I must say has been hart earned. We actually entered this one on the 9th of this month and it’s been slowly simmering on a low flame ever since. Our ISL had been pretty large as I saw this as a LT campaign. Quite frankly it’s been a bit of a disappointment but you show me another human who’s been banking coin with cable these days!
Not much else that’s not already flying out there right now, so for now we wait. Speaking of flying off the charts: Cryptos have gone completely nuts over the past few weeks with BTC now expected to scrape the 5 digit mark. Talking about missing out on a trend! Unfortunately thus far trading cryptos has been exceedingly difficult, insecure, and unreliable (like in trying to get redeem your assets) but that is now quickly changing. The CME group for example is getting close to releasing BTC futures and I for one cannot wait to get my paws on those!
The current over extended hype phase will no doubt end in tears in the near future at which point we’ll stand ready to pick over all those exponential curve chasing victims. Yes, crypto is coming to Evil Speculator in 2018 and as with everything we’ll be doing it in style