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Actionable news in QQQ: PowerShares QQQ Trust, Series 1,

In Trading … You Are Jacked

Many new retail traders are seeking methods of trading that do not involve pain.

Seeking a method by which all drawdown is avoided.

Searching for some “system” where they do not feel any amount of discomfort.

Wherein they can sleep well at night.

Well my friends, I am here to tell you that all such searches are a fool’s errand. An idiot’s quest.

In trading, you are jacked. At all times. Your psyche resides in between the steel walls of an oily, industrial vice.

I stated yesterday, that I was hedged on much of the portfolio. And I did...