UPDATE

598 views

Good Evening,

Update, as requested:

I am eternally moved by the outpouring of grace and concern that has billowed in these holy parts of the world wide web that is iBankCoin. My youngest is doing much better, as they have taken him off oxygen today. His ascites is under control with Lasix but we still have no answers. Several tests are outstanding, including specific genetic testing relating to Lysosomal Storage Diseases (If anyone has any experiences with these I would greatly appreciate some insight). Testing for the LSD’s is essentially the last thing they are looking for as every other test has come back negative. They are very rare and dangerous diseases making the wait that much more unbearable. I ask for your continued prayers, chants, hymns, etc.

This PICC line in the side of his head was finally taken out as well this week:

Asking For Your Prayers Or Whatever You Do…

1,247 views

I humbly ask for your prayers, good thoughts, sacrifices or whatever you do for my littlest one. This is extremely out of my nature to ask and share such personal situations publicly but this guy needs anything he can get. He coded yesterday and the doctors have ran every test under the sun to no avail. He has an abnormal amount of fluid in his belly and his liver is slightly enlarged. This will most likely be my final post, as I need to get with Le Fly and discuss the possibility of a special election for a new tabbed blogger. Thank you all for the kind words and messages I have received. To make this finance related, the people’s portfolio is updated here and, obviously, there will be a delay in getting around to @reformedbroker’s book review.

Graciously Yours,

MAXIMUS

 

GOLD LOOKS LIKE POOP – FOR THE MOMENT

733 views

My legionaries went long $GC_F this morning at 1670.70 and what a terrible miscalculation that was. Trading systems can slit your throat around news releases obviously. This happend today with my stop hit within a hour or so at 1650. The charts below show $DGP, which is a gold double long ETN I like to look at. It may bounce here but probably too risky for my taste.

You can also see below the 240min chart of $GC_F that shows the last few trades taken:

I did close out one QQQ spread today at 3.75. Your portfolio is updated here and you can always follow me on twitter @MAXIMUS_iBC for roman greatness.

UPDATE: I am now back long at 1646.40

 

The Last Word On Sandy Hook

1,214 views

I am blessed, I am lucky and I am thankful. I was able to tuck two of my children into bed last night, while my wife took duties at the hospital with the third. The parents of those twenty innocent children were not as fortunate. They felt the agony and despair of looking into an empty room; a painful reminder of what a madman is capable of. With this grief and the unbearable weight of burying your own child, these parents are now the victims of the insanely, overdramatic media and the insensitivity of politicians with their egos’ believing they can stop such tragedy.

The traitors that run the modern bureaucratic state consider themselves more like architects of a rational society and believe they can govern our reality comprehensively so everyone is included. This type of thinking leads to authoritative government and defies human nature. The framers of the constitution understood this line of reasoning and implemented divisions on government to provide checks to limit the institution for this reason. James Madison wrote specifically about the 2nd Amendment in Federalist Paper #46, in which he made it clear that the right of the citizenry to bear arms is a necessity against tyranny and is an integral part of the system of checks and balances. Granted, semi-automatic rifles were not invented then but to propose a ban on ALL guns is a direct attempt to exert a means of control over the population and limit the systems of checks and balances.

The mass shootings that have occurred over the last several years are extremely horrifying and tragic events. As humans, we need reasons and justifications for such treacherous acts of violence, whether it be to place blame on the availability of guns or the lack of quality parenting at home. We rarely look at ourselves as possibly the issue. How do we value human life? How do we treat are neighbors? Do we help the less fortunate? We can debate all we want whether this is a gun control or mental illness issue but the reality is, like I said here, we live in a very unsafe and cruel world. That is why I have my CCW, plain and simple and this is why we cannot let our own government take away the 2nd Amendment:

I do not know what can prevent such tragedies like Sandy Hook but usually the initial response is the wrong one.

Trade Recap, Portfolio Update & Free Stuff

508 views

Loyal Citizens:

The market does not care what Hussein Obama and Mr. Boner discuss; it only cares about EOY. You good people of iBC should never lose this time of year, that is, unless you were long Gold like myself. In the coming weeks, once things settle down a bit on the front lines here, I will explain my investing style and a few systems I use to take emotion out of my trading. I’ll also post the code to one TradeStation futures system for the ES I use as a token of my appreciation for your readership. As always, YOUR portfolio performance can be found HERE.

The following trades were executed today:

  • Sold $GC_F @ 1677.3 (-20.30)
  • Sold half $GS Jan 130 calls @ 1.80 (+1.22)
  • Closed $QQQ Jan 61/65 Call Spread @ 3.41 (+0.36)

Current open positions include the following:

  • Short 1 $PL_F @ 1606.00 (+12.30)
  • Long 5 $GS Jan 130 calls @ 0.58 (+2.28)
  • Long 10 $FSLR Jan 23 puts @ 0.67 (-0.37)
  • Long 10 $LULU Mar 80 calls @ 3.70 (+0.60)
  • Long 20 $QQQ Feb 60/63 Call Spread @ 2.03 (+0.54)
  • Long 10 $QQQ Mar 59/63 Call Spread @ 2.59 (+0.73)
  • Long 20 $QQQ Jan 58/63 Call Spread @ 4.12 (+0.77)
  • Long 10 $QQQ Jan 59/63 Call Spread @ 3.47 (+0.42)

I leave you with one of the greatest moments in black entertainment history:

 

UPDATE

598 views

Good Evening,

Update, as requested:

I am eternally moved by the outpouring of grace and concern that has billowed in these holy parts of the world wide web that is iBankCoin. My youngest is doing much better, as they have taken him off oxygen today. His ascites is under control with Lasix but we still have no answers. Several tests are outstanding, including specific genetic testing relating to Lysosomal Storage Diseases (If anyone has any experiences with these I would greatly appreciate some insight). Testing for the LSD’s is essentially the last thing they are looking for as every other test has come back negative. They are very rare and dangerous diseases making the wait that much more unbearable. I ask for your continued prayers, chants, hymns, etc.

This PICC line in the side of his head was finally taken out as well this week:

Asking For Your Prayers Or Whatever You Do…

1,247 views

I humbly ask for your prayers, good thoughts, sacrifices or whatever you do for my littlest one. This is extremely out of my nature to ask and share such personal situations publicly but this guy needs anything he can get. He coded yesterday and the doctors have ran every test under the sun to no avail. He has an abnormal amount of fluid in his belly and his liver is slightly enlarged. This will most likely be my final post, as I need to get with Le Fly and discuss the possibility of a special election for a new tabbed blogger. Thank you all for the kind words and messages I have received. To make this finance related, the people’s portfolio is updated here and, obviously, there will be a delay in getting around to @reformedbroker’s book review.

Graciously Yours,

MAXIMUS

 

GOLD LOOKS LIKE POOP – FOR THE MOMENT

733 views

My legionaries went long $GC_F this morning at 1670.70 and what a terrible miscalculation that was. Trading systems can slit your throat around news releases obviously. This happend today with my stop hit within a hour or so at 1650. The charts below show $DGP, which is a gold double long ETN I like to look at. It may bounce here but probably too risky for my taste.

You can also see below the 240min chart of $GC_F that shows the last few trades taken:

I did close out one QQQ spread today at 3.75. Your portfolio is updated here and you can always follow me on twitter @MAXIMUS_iBC for roman greatness.

UPDATE: I am now back long at 1646.40

 

The Last Word On Sandy Hook

1,214 views

I am blessed, I am lucky and I am thankful. I was able to tuck two of my children into bed last night, while my wife took duties at the hospital with the third. The parents of those twenty innocent children were not as fortunate. They felt the agony and despair of looking into an empty room; a painful reminder of what a madman is capable of. With this grief and the unbearable weight of burying your own child, these parents are now the victims of the insanely, overdramatic media and the insensitivity of politicians with their egos’ believing they can stop such tragedy.

The traitors that run the modern bureaucratic state consider themselves more like architects of a rational society and believe they can govern our reality comprehensively so everyone is included. This type of thinking leads to authoritative government and defies human nature. The framers of the constitution understood this line of reasoning and implemented divisions on government to provide checks to limit the institution for this reason. James Madison wrote specifically about the 2nd Amendment in Federalist Paper #46, in which he made it clear that the right of the citizenry to bear arms is a necessity against tyranny and is an integral part of the system of checks and balances. Granted, semi-automatic rifles were not invented then but to propose a ban on ALL guns is a direct attempt to exert a means of control over the population and limit the systems of checks and balances.

The mass shootings that have occurred over the last several years are extremely horrifying and tragic events. As humans, we need reasons and justifications for such treacherous acts of violence, whether it be to place blame on the availability of guns or the lack of quality parenting at home. We rarely look at ourselves as possibly the issue. How do we value human life? How do we treat are neighbors? Do we help the less fortunate? We can debate all we want whether this is a gun control or mental illness issue but the reality is, like I said here, we live in a very unsafe and cruel world. That is why I have my CCW, plain and simple and this is why we cannot let our own government take away the 2nd Amendment:

I do not know what can prevent such tragedies like Sandy Hook but usually the initial response is the wrong one.

Trade Recap, Portfolio Update & Free Stuff

508 views

Loyal Citizens:

The market does not care what Hussein Obama and Mr. Boner discuss; it only cares about EOY. You good people of iBC should never lose this time of year, that is, unless you were long Gold like myself. In the coming weeks, once things settle down a bit on the front lines here, I will explain my investing style and a few systems I use to take emotion out of my trading. I’ll also post the code to one TradeStation futures system for the ES I use as a token of my appreciation for your readership. As always, YOUR portfolio performance can be found HERE.

The following trades were executed today:

  • Sold $GC_F @ 1677.3 (-20.30)
  • Sold half $GS Jan 130 calls @ 1.80 (+1.22)
  • Closed $QQQ Jan 61/65 Call Spread @ 3.41 (+0.36)

Current open positions include the following:

  • Short 1 $PL_F @ 1606.00 (+12.30)
  • Long 5 $GS Jan 130 calls @ 0.58 (+2.28)
  • Long 10 $FSLR Jan 23 puts @ 0.67 (-0.37)
  • Long 10 $LULU Mar 80 calls @ 3.70 (+0.60)
  • Long 20 $QQQ Feb 60/63 Call Spread @ 2.03 (+0.54)
  • Long 10 $QQQ Mar 59/63 Call Spread @ 2.59 (+0.73)
  • Long 20 $QQQ Jan 58/63 Call Spread @ 4.12 (+0.77)
  • Long 10 $QQQ Jan 59/63 Call Spread @ 3.47 (+0.42)

I leave you with one of the greatest moments in black entertainment history:

 

Previous Posts by Maximus