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Week of August 28

50ptmae.substack.com

Week of August 28

Post Jackson Hole

Frank
Aug 26, 2023
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Week of August 28

50ptmae.substack.com
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Recap of last weeks action:

Absolutely crushed it last week. Got long Sunday at futures open, at 4370. SPX traded to 4455 in about 3 days. The calls doubled. The icing on the cake was I even urged you to double your size. This is always what I aim to do in trading. 1 trade or a couple trades a week. Then shut it down and enjoy your 5 day weekend many, many thousands richer. I gave 1 single trade, we smashed it. We are not taking 10 trades a week throwing shit against the wall seeing what sticks. My style is like a sniper. Scout, aim, wait, pull the trigger then we pack our shit and get on with our lives. Basically zero drawdown. No losing trades. No bullshit. No ambiguous if/then statements. I wont bullshit you like all the other guys on fintwit (yes, they are indeed all guys) with the “market may go up, or if it doesn’t go up it may go down instead”.

Onto next week.

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