A cautionary tale about confidence and control.

What happens when you hit a home-run but refuse to run around the bases? In late 2017, I was trading at a proprietary trading firm I had been at for 12 years.

The lead partner at the firm wanted to tell me about a stock and an idea that was the best feeling and most conviction he had ever had in a market call.

Here were my 2020 Trading Resolutions (last year) and a rundown on how I did following them:

1) Avoid FOMO & Follow Stops
2) Hide P&L
3) Gameplan the open
4) Define swing trades
5) Introduce a new feature for openoutcrier.com 1) Avoid FOMO - Failing grade, I can't do it.

For me this is $TSLA or the SPAC craze or the EV/Battery/Charging runs.

What's your definition of 'Fuck you' Money?

#FuckYouMoney I'll go first:

Throwing away the lotion without fishing out the last 1/4 that's stuck in the bottom

$BA Boeing Six-Figure Friday Trade Opportunity

FULL DISCLOSURE: I DID NOT MAKE SIX FIGURES ON THIS TRADE (and I'll fully explain how I butchered this massive opportunity) Another Monster Trade Opportunity on an Expiration Friday.

BOEING INTERNAL EMAILS SHOW THEY KNOWINGLY MISLED FAA ON 737 MAX

Some thoughts on the best trade I ever made.

It was the closest thing to a perfect trade I have ever made and I've never felt that way about a single trade before. I was the perfect set up for my favorite style of trading, day-trading news using options.

You have an unknown event, that leads to a violent move in the stock and options and it all occurs on an a Friday, so I can buy cheap expiring options in size.

I find it utterly shameful the current trend of how companies are treating the public markets and investors these days From the late stage Bagholder IPOs as a means for insiders and executives to cash out, to Companies eschewing traditional GAAP earnings for their ever changing Non GAAP reports, to now deciding to stop reporting certain metrics altogether