QUANTUM MECHANICS & TRADING … OOF!

 

“The parallels are truly scary, freaky stuff!”

Nobody truly understands Quantum Mechanics [QM] … does anybody truly 

understand trading financial markets? They both defy logic and common 

sense, and while one has crude approximations of what “moves” look like in a 

2-dimensional plane [trading], the other defies visualization and is purely 

explained by mathematics. Both rely on “probability wave functions”, and 

squirm & protest all you want, but that’s the way it is.

Which, brings us face to face with another bullshit August day, where at 00:30 

to 00:35 [server time] last night, thirty minutes into the new day in Asia, the 

“Chuckleheads” did their thing and blew EURUSD out in 5 minutes, thus 

buying the high like they always do … and of course, for the next 15 hours, 

EURUSD literally still cannot decide WTF to do but chop … “where in the 

probability tail risk curve is this”? Good grief, what a pile of shit … literally, 

figuratively, metaphysically, whatever … and like I said yesterday, the 

European session a complete fucking joke with zero movement anywhere 

… they’re literally useless.

Turning to today’s EURUSD market … “well, that escalated quickly didn’t it”? 

… of course once Europe is closed, cuz they don’t do shit anymore 

… apparently new all time highs in the SP500 means EURUSD rallies, cuz 

quantum mechanics … makes as much sense as anything else … remember 

Turkey? … neither does anybody else, except if you’re short and now is the 

time they all swear off “correlation trades” forever.

A shipload of trades today … PAMM down slightly more than $150.

Ain’t the EURUSD algorithm’s fault … it shined, I didn’t, cuz very simply I 

screwed up a buy order that I made a sell … why? … I asked the dog, and he 

doesn’t know either … I saw red, clicked red, and then said, “WTF did I do 

that for”? … was thinking long, was ready to buy, and then clicked sell 

… “Oy vey”, got no excuses except I’m a retarded kitten … covered it but it 

cost us about $120, but more importantly it cost us a long trade that more 

than likely would have been about a $300+ winner, maybe more cuz it came 

right off the bottom.

Late in the New York day, and EURUSD bid/offer via Turnkey’s vaunted LP’s 

is a total fucking joke … “you know, the guys who have deeeeeeep, sooooooooo 

deeeeeeep liquidity with Tier 1 banks, the largest and best in the world 

… yea right, I already emailed them and asked if this is a joke, or do you really 

have & use the worst fucking scumbag LP’s in the world”? Oh wait … I forgot 

… “duh, market conditions, duh”. And with Asia closed [fuck Europe], we got 

nobody but the scumbags at JPM, Vampire Squid, & Citibank to fill orders 

… some choice huh?… “if you trade, who would you like to be mugged by”? If 

it wasn’t so serious, it’d be funny as hell. Fortunately, I’ve been able to sidestep 

most of this, but one order got a fill ½ a PIP off the offer, but that’s about it.

So yea, the EURUSD algo is completely GOLDEN, and it’s going to be a 

stellar performer in the future … Cousin It put a ‘post it’ note on my screen

when I took a little boys room break … “Hey, buy means buy, not sell, OK? 

… Just helpin’ you out”. Good luck finding your combs, it’d be a shame if they 

disappeared.

Onto tomorrow, where we got FED minutes in the afternoon, but I don’t think 

it means anything. We’ll see if the “Chuckleheads” panic again tonight in Asia 

with another blowout to the upside … whenever the up move is over, you can 

count on Asia to buy the highs early before it goes lower, cuz it’s the classic 

fade signal they are famous for and repeat endlessly in every market.

I apologize for the screw up today … seriously, some days I wonder, but it’s 

part of the biz … more importantly, though, our EURUSD algorithm 

performed as well as you would want it to … that’s good news going forward. 

And with that, I’m outta here … until tomorrow mi amigos 

… Onward & Upward!! PAMM Spreadsheet will be back soon.

Have a great day everybody!!

-vegas

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