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Mole Is An Idiot
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Mole Is An Idiot

Mole Is An Idiot

by The MoleMarch 19, 2009

UPDATE 9:39am EDT: Okay, this is really really tough to watch:

As you guys might remember – I was expecting the Yen to snap back despite many voices to the contrary, so I grabbed some FXY calls early last week. On Tuesday I wound up selling them as I kept looking at the whipsaw and was expecting one big theta burn.

Well, you all know how this story ends: I was punished for being impatient – comes to show that I also screw up every once in a while. Not sure what happened – maybe it was because of the Fed week or [fill in paltry excuse of your choice]. The tape never even got near my stop, so this was all in my head.

Comes to show – when you let your emotions or suspicions get the better of you instant punishment ensues – especially when trading the markets. This stuff rarely happens to me these days but when it does I openly invite ridicule and verbal abuse.

Mole – you are an idiot!

About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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