Disclaimer:

This site are my notes on how I trade. I am not responsible for you losing money if you attempt to trade as I do. If you try to trade as I do, then you are a dumbass. If you take my notes and use them as your strategy and lose money for people in your paid groups, then you are a douchebag.

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Ramble

Featured Post

Do Not Feed the Trolls

Trading groups on Facebook definitely bring out the Trolls. I and others get frustrated when we share what we do in trading groups and then some Trolls use microaggressions to boost their, small penis, male egos in order to feel superior. I apologize to the female trolls for my sexist Read more…

By Saul Wellingood, 3 months3 months ago
Featured Post

Mistaken Identity

I am in a couple of trading groups that share knowledge and got tapped that my website was highlighted in someone’s video regarding trading the Iron Condor on SPX options. The only problem is they stated this site was owned by Jim Olsen. What the fuck, no this is my Read more…

By Saul Wellingood, 3 months2 months ago
Featured Post

E*Trade Sucks Moose Balls

Yes, I admit this is a juvenile statement and this post is full of drama, but I am a grown man with a silly boy’s heart. I think I am more disturbed that someone actually took a photo of Moose Balls which I found at Flikr. Kudos Elsie Milita. This Read more…

By Saul Wellingood, 3 months3 months ago
Featured Post

Thank You E*Trade for Firing Me

I was with OptionsHouse for years until they were bought by E*TRADE in 2016. OptionsHouse was a smaller brokerage, ahead of it’s time, providing a wonderful and intuitive mobile platform for options traders. I make option trades that primarily consist of defined credit spreads. OptionHouse software fit hand in hand Read more…

By Saul Wellingood, 3 months3 months ago
Ramble

Well, Fuck ’em if They Can’t Take a Joke

If you find yourself reading this, please understand this is just a place where I sometimes vent. I am the type of personality that gets it out of my system and moves on … well… unless you are on my eternal shit list. Also understand, my humor can be dark Read more…

By Saul Wellingood, 6 months3 months ago
Featured Post

How to Spot A Trading Charlatan

I have this addiction to purchasing internet domain names that fit topics I am interested in. This blog is an example. I was looking for a domain name that fits my trading style, but alas it had already been taken. The domain name in question is lazytrader.com which leads to Read more…

By Saul Wellingood, 9 months9 months ago
Featured Post

Hello TastyWorks, Meh.

Update 10/1/2020: I have since closed my TastWorks account. They were eating me up on fees slow fills with bad prints through APEX. The brokerage is good for people just learning how to trade options, but it is not good for serious traders that put on a lot of trades Read more…

By Saul Wellingood, 9 months6 months ago
Ramble

Good Bye Interactive Brokers

I have had an account with interactive brokers (IB) for over 20 years. They used to be about the only broker, for the working man, that had a direct pipeline to trade in the market and are very fast when it came to filling orders. Their software was the bomb Read more…

By Saul Wellingood, 1 year9 months ago
Ramble

Stocktwits should be called Nitwits

I originally had a Stocktwits account back in 2008 when it was new and still a fairly civil place where people shared ideas. That account apparently got deleted because I could no longer log in to it. I’ve been told either someone reported me for abuse or the site’s bots Read more…

By Saul Wellingood, 2 years2 years ago
Ramble

How I decide to go long or short using Analysts, Cramer, Stocktwits, and Price Action

I only use the news to trade when I feel a stock is being pumped. This is probably on 5% of my trades when the volume is ramping up. Pump and dump schemes are the oldest game in the book. It is interesting that gangsters get racketeering charges for this, Read more…

By Saul Wellingood, 2 years2 years ago

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Recent Posts
  • 1DTE SPX Broken Wing Butterfly (BWB) Credit Put Strategy
  • 1DTE SPX Credit Put Spread versus Broken Wing Butterfly Study
  • Do Not Feed the Trolls
  • Mistaken Identity
  • E*Trade Sucks Moose Balls
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