Slope of Hope Blog Posts

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.

So Why Cover Now?

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First off, I urge you – -nay, insist! – – to check out the incredibly sexy and fantastic Quarterly Reports page. Oh, my God, it’s beautiful!

Second, I wanted to tell you that I’ve covered a ton of positions. And by “ton” I mean I’ve gone from 300% margined to only about 95%, and from 90 positions to 35. For someone like me, this is almost like “nothing but cash”. Now let me be clear, I hate taking profits. Just hate it. Here’s why:

  • The opportunity is gone. Well, mostly. I still have some shorts. But if we crash, I’ll feel like stupid.
  • The thrill is gone! It’s FUN to see profits explode when the market is falling.
  • The entry prices were DYNAMITE. I’ll never get prices that good again!

However……… (more…)