An Option Trading Mantra
Today, I will enjoy:
Opportunities to reposition for better profits tomorrow
It need not be more complicated than this
As an Options Trader, I make every attempt to think not of winners and losers, but of Profits and Opportunities.
My boss and friend Howard Lindzon (@howardlindzon) tweeted yesterday that one of the best trades he ever made was trading up to Coronado, California (San Diego). I’m beginning to feel similarly about my recent move to Boulder, CO. I think Howard and I would both agree, if you can’t find your own version of zen in either of these two locales, there’s likely no hope for you.
I snapped the panoramic picture above during a hike yesterday afternoon. It is during these hikes that I often get my best thinking done. The above mantra is something I’ve been thinking about privately in various incarnations, and on tonight’s hike the thought was crystalized and I immediately opened the notes app on my iPhone and jotted it down. It perfectly captures my trading today.
Excerpt From My Daily Journal Entry
Posted by chicagosean on May 20th, 2013 at 7:52 pm, Comments: 0
This is something I don’t often do. I’m going to share with you a small excerpt I’ve written to myself in my daily personal trading [...]
An Absolute Economic, Societal, and Political Homerun
Posted by chicagosean on May 20th, 2013 at 3:36 pm, Comments: 0
Think for a moment about the greater impact of what Elon Musk – CEO of both Tesla Motors and Solarcity Corp – is aiming [...]
The Market is Rigged!!!!!
Posted by chicagosean on May 17th, 2013 at 4:03 pm, Comments: 0
Yes indeed it is. The $SPX is 1000 points off the terrifying 666 low set in March of 2009. Stop fighting it. [...]
There is no script. Be in this moment. Trading is Improvising.
Posted by chicagosean on May 5th, 2013 at 10:20 am, Comments: 0
Twitter CEO Dick Costello gave the Spring Commencement speech at University of Michigan yesterday afternoon in Ann Arbor, Michigan (in the BIG HOUSE!). Little [...]
Why I’ve Been Repeating Myself Every Morning… It’s a Bull Market, You Know!
Posted by chicagosean on May 2nd, 2013 at 3:07 pm, Comments: 0
“…But I couldn’t think of selling that stock.” said Mr. Patridge “You couldn’t?” asked Elmer, beginning to look doubtful himself. It is a habit with [...]
Living in a High Frequency World
Posted by chicagosean on April 23rd, 2013 at 8:37 pm, Comments: 0
Today – although for only a brief 90 seconds of pandemonium – we witnessed the perfect storm of highfrequency news dissemination via social media (twitter), [...]
A Correction From Here Would Be Too Obvious
Posted by chicagosean on April 2nd, 2013 at 9:19 am, Comments: 0
Random Thought that was too long for 140 on StockTwits: An April/May market correction from these levels seems it would be too easy and would [...]
Yeah, I said it…
Posted by chicagosean on April 1st, 2013 at 4:10 pm, Comments: 0
Look, shares of $AAPL are getting smacked. This is no secret. When the world’s largest stock holding – held by EVERY mutual fund, hedge [...]
Annual Targets Have Been Hit, Take The Rest of the Year Off. Or Not…
Posted by chicagosean on March 28th, 2013 at 8:59 am, Comments: 0
It’s a Bull Market, you know. And many people already feel like they’ve missed out, at least for this year. Jeff Miller at Dash of [...]
Sean McLaughlin - Editorial, Curation, & Investor Relations Solutions at StockTwits. Also, former Member of the Chicago Board of Trade who trades his own account in Boulder, Colorado. More »
- Find Your Zen. It Makes All The Difference.
- Excerpt From My Daily Journal Entry
- An Absolute Economic, Societal, and Political Homerun
- The Market is Rigged!!!!!
- There is no script. Be in this moment. Trading is Improvising.
- Why I’ve Been Repeating Myself Every Morning… It’s a Bull Market, You Know!
- Living in a High Frequency World
- A Correction From Here Would Be Too Obvious
- Yeah, I said it…
- Annual Targets Have Been Hit, Take The Rest of the Year Off. Or Not…