Accept What You’re Given

Last night I was delighted to see futures down 140. At 4am my account opened higher by 1.25%. I should’ve sold then; but instead I went to sleep and when I woke up PM Truss resigned after just 45 days and markets had already stabilized.

I wanted the 4am prices to come back but that just wasn’t happening and I cleared out my account, save NEXT, for just +35bps.

Copper is up 2.7% and that’s just too strong for me to remain obstinate and short. Plus the euro and GBP are both higher. Granted the US 10yr is still +4bps, I felt it best if I just moved a aside and accepted the fact that markets just weren’t down all that much on the news, and so here I am trying to reconfigure an allocation.

I’ll keep my YOLO 100% SOXS because it’s a suicidal account. But for my trading, seeing I’m up 3.4% for October, I’ll continue to grind away with the goal of making 5% for the month.