Let’s Get A Few Things Straight

First, thank you. I feel at home here as the KoPG, like this throne was built for me. It fits the shape of my ass very nicely.

I plan on being very active, like a blogger should be. I plan on making at least as many good trades as bad, then counting them against each other regardless of position sizing. In the end, I am promising to achieve at least 50% returns in this month. But I’m going to use my own special kind of math, so you may not understand or agree.

I’m going to keep it real ova heah, so let me first start by saying to all the need to thank Fly for what he is doing. You realize this guy is keeping a wildly successful, proprietary algo private for you slackers when he could sell the shit and probably instantly retire? Jake is also on his PM game and Cain lays it down post after post. Chess cheats at poker but clearly doesn’t at stocks, and in tandem with RC, operates an enormously attractive trading community. Wood brings the wood from a statistical standpoint, making clear to most readers that he is smarter than you. On the other hand, I love reading his stuff. Statistics is a cool subject. Scotty B.’s posting frequency is probably the lowest, but his take is original, genuine, often opposite the masses and even more often accurate. This site is the real deal, and I’m happy to be a part of it as KoPG even if it’s for just one month.

Lastly, my take on the current markets is this. Summer is almost over and I want to be long heading into the fall. I don’t know if we’ll repeat last year, though I doubt it. I’ll have to be quicker and more willing to throw on some portfolio hedges and may even short some stuff in an effort to reduce risk. Sitting in 100% cash one week after my return from traveling, though, and I’m nipping at the bit to buy some shit. As I noted in The PPT and on my blog (http://chivotrades.com), it makes more sense logically to wait until after the econ data is released tomorrow, a mere 24 hours.

So, I’m going to list my buy list today and prepare some bids. I’m going to work out later today with some body-weight exercise HIIT training. And maybe later I’ll consider putting the finishing touches on my space-alien rocket-ship laser destroyer machine that I’ve been constructing in preparation for this moment, sitting in my throne as KoPG, in order to shoot the Fly down and steal his secrets. More to come on this.