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.

WSB Lunacy

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I have mentioned the sub-reddit Wall Street Bets (WSB) quite a few times here on Slope. For those of you unacquainted with it, it’s basically packed with degenerate gamblers, largely in their 20s, who get fixated on the stories from the sprinkling of extremely profitable options traders in there and, for their own accounts, lose money of their money. I went over there just now for an example, and it took me about three seconds to find one:

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Dream a Little Stream of Me

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For those of you who use Tradier as their broker, I have some interesting news. For those who don’t, this is still relevant, but for different reasons.

We have been taking steps to integrate brokerage information into Slope on a steady basis. We are slowly moving from feature to feature, and broker to broker. My ultimate goal is an end-to-end strategy and trading platform right here on Slope.

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Neutral Position, Neutral Mind

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I wanted to share a few thoughts about my “tilt” toward market-neutral options trading. This has been a long time coming, and I might as well explain myself.

It’s not for lack of other people trying. Dutch and The Director have been trying to convince me to experiment with various options strategies since Lyndon Johnson was in the White House, and many Slopers have been pinging me to try to learn something other than shorting anything with a ticker symbol that fell into my line of sight. I ignored them all. Until now.

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Wowser Trousers

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“Sell your cleverness and buy bewilderment.”

– Rumi

Like the rest of us, I have many characteristics to my personality, some good, some bad. One of the better ones that I am pleased with is a sense of wonder. I am always open to being astonishing. I am always willing to accept the inexplicable as being possible. I recognize, as Saint-Exupéry did, that what is essential is invisible to the eye.

And, thus, with such lofty wisps, I offer the following chart. Although I say it every day, I’ll repeat – – click it for a bigger version, because I use enormous screens, as I personally think people using mobile devices to look at financial charts are psychotic, or at least masochistic. So here we go:

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Comedy Gold

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I want to state at the outset that this is not a political post. It may be accidentally taken as one, since it basically points and laughs at Jacob Wohl, who is a well-known Trump-loving lunatic. My impression, however, is that 95% of the people who know about him, irrespective of politics, consider this kid (now facing felony securities fraud charges) to be a laughable oaf, so I don’t think I’m treading into dangerous territory here.

I was prompted to do this post because of the “press conference” Wohl decided to throw with his co-lunatic Jack Burkman. These guys have done these sorts of things before. There was the one with Robert Mueller committing sexual assault. And the other about “Mayor Pete” Buttigieg sexually assaulting another guy. The list goes on. Every single one has been a farcical shitshow.

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