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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!

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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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