If you can believe it – I actually never watched A Clockwork Orange. This may sound strange given that I’m obviously a huge movie buff, but the simple reason is that I wanted to keep a handful of the classics of my youth unseen so that I would have something to look forward to when I got a bit older. Which I inceasingly am and that ‘still to enjoy’ list is steadily getting shorter.
We all wish we could predict the future. After all trading would be a hell lot more profitable and given a year of prescient entries/exits we’d be able to retire in comfort on our own private islands. Unfortunately it is exactly this deep-set desire for clairvoyance mixed with a healthy helping of hubris that more often than not drives us to engage in hare-brained campaigns. What’s worse however is when you get exactly what you wished for. The tape turns almost exactly where you thought and your ego instantly puffs up like the chest of a male frigate bird.
Easy time and crappy time – a trivial concept in trading but it has held true over the ages. As traders we’ve usually seen plenty of both and we all instinctively know which one we’re in. If your Spidey sense fails you for some reason just pop by here and look at my posts or the comment stream. Is Mole putting up posts with cat themes? Is it crickets in the comment section? Guess what – it’s crappy market time.
A few weeks ago I introduced a new IV related trading system which I call VIXEN. While beta testing the signals over the past few weeks I accidentally left the subscription product on my signup page and a few eager beavers managed to sneak in. So I thought I may as well follow up with a post that focuses on the actual process of how to trade VIXEN as a subscriber and in particular as a retail trader.