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.

Missed Boats

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I seem to share the same bimodal state of mind that most traders do:

  • DISGUST: hating the market. Not wanting to participate. Lightening up. Not wanting to take positions. Taking cash out of my account so as not to expose it to risk. Basically chickening out.
  • REGRET: Realizing my ideas were great but not being in position. Wishing I had more at risk. Beating myself up for being so timid.

I have moved from Phase 1 to Phase 2 with tremendous alacrity this week. Rest assured, I am in Regret mode, mainly because I moved 25% of my account into cash last week, and there it has stayed.

Speaking of regret, my insistence that the Metals ETF (XME) is bearing serious fruit for some of you (but not me!!!). This is PRECISELY what I was anticipating. Here’s the minute bar chart:

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A Face for Radio

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As a public service, I want to put everyone on notice that, sooner or later, Samuel Bankman-Fried is going to go on trial. He’s going to lose, and he’s going to lose big. And he’s going to be sentenced to life in prison. Bank on it. I know some people here like to wallow in cynicism, but just like you predicted Elizabeth Holmes would “get off”, my prediction she would be thrown into the slammer panned out.

Anyway, what I need to steel yourselves over is that, once the trial is underway, you’re going to see the hideous and weird visage of Caroline Ellison over and over and over again. It won’t be easy. Indeed, it’ll be disturbing. But you WILL get through this. I believe in you.

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