Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Like most non-insane people, there are some things I like about myself and some things I don’t. Over the nearly ten years I’ve been writing this blog, I have tried to be candid (within reason) about my shortcomings and personal frustrations, but there’s one thing in particular which I don’t like that has been very much on my mind: my aversion to learning new things.
A love of learning is a crucial part of growth. It’s not like I enjoy ignorance – far from it – I immerse myself in news and information 365 days a year, and I consider myself deep into the 99th percentile in terms of being informed. This is different from learning something new, however. By the latter I mean such an undertaking as learning a new language, acquiring a new skill or, most relevant here, learning a new approach to trading.
Just a little earlier today, Nigeria floated a story about some kind of emergency OPEC meeting, and this rumor sent crude oil (which had been very weak earlier) soaring. I think this rumor has about as much credence as any other Nigerian prince story you’ll get in your inbox, and you should pay it as much respect. I remain blissfully short energy shorts up, down, and sideways. I think the entire oil sector is in horrific trouble, and these kind of manufactured, pathetic rumors will pop up as we continue to crumble downward in the months ahead. Bite me, Nigeria. Crude’s trendline break trumps your little rumors.