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.

Boiling It Down

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In spite of it being merely four days long, it was a really good trading week. The one giant blemish was how I bungled my AAPL trade, which was a tremendous success from an analytical perspective but an utter gaffe personally, since I managed to completely avoid the 200%+ gain that ensued a mere three days after my post. I mulled it over a long time, and I wrote down this short but sweet ruleset:

An ENTRY is based on a discrete rationale

An EXIT is based on the violation of that rationale OR a discrete profit rationale

There is NO PLACE for whimsy

The first rule I nailed perfectly. My entry was indeed based on a discrete rationale. More specifically, it was based on my superb analysis! It’s the rest of this compact little Guide to Life where I completely muffed it.

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