Nothing Unreal Exists

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Just for fun, here’s a favorite clip from one of the Star Trek movies (I’m pretty sure it’s The Voyage Home). Spock has essentially been reborn and ha to relearn all the relevant knowledge. In the scene, Spock is being quizzed by a group of computers and is blasting through all the answers (being such a smart Vulcan and all), but he is stopped cold by the simple question: How Do You Feel? It’s a funny, poignant scene to which perhaps a few of us can relate.

Light Crude Oil Breakout Imminent

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Senator Lindsey Graham unleashed a series of tweets Saturday morning after learning of drone attacks on Saudi oil refineries.

I’ve yet to hear whether the Saudis will blame/have blamed Iran for the attacks and whether war will eventually be declared against them. It’s been reported that, “Houthi rebels – who are backed by Iran in a yearslong Saudi-led war against them in Yemen – have reportedly claimed responsibility for the attacks and have vowed that further attacks could be expected in the future.”

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Greatest Hit

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When I have a post I think is especially good, or at least interesting, I cross-post it over on ZeroHedge. This probably only happens about 2% of the time. The most recent cross-post I did was about how few day traders make money. Here on Slope, it was called Teller Yourself (link here), although I called it “I’m Gonna Get Rich!” on ZH, since I have to be a little more on-the-nose in that part of the web.

What is striking to me is how popular the post is. Typical contributor posts get a handful of views and almost no comments. Observe the item below. You can see the posts flanking mine got maybe 100 views and a total of 1 comment. For my own, I am approaching 30,000 views and 70 comments. Clearly, I’ve struck a chord.

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Market Management 101: Balance

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I cannot profess to tell others how to effectively manage their accounts because I am a lowly participant who is learning all the time. The truth is that 2019’s learning is much different than 2018’s learning was, which was different than 2016, 2011, 2008/2009 and other pivotal market phases. So I’d say that the biggest lesson to learn has been the concept of marrying adaptability with discipline.

Cookie cutter advisers and brokers have it easier. They’re the majority of market professionals and they’ve learned and set in stone the way of allocating into markets; 60/40 stocks to bonds or some such variant. But for something more effective than ‘cookie cutter’, you need to keep learning, adapting and holding discipline as long as your signals remain valid.

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