The book deconstructs the efficient market theory, something that many us already know is a fallacy (otherwise why would all these edges we see appear over and over again?). Here is the product description from Amazon and it does a good job of summarizing the theme of the book: "The efficie ... Read more

I just took my first two VIX ETN trades (the symbol is VXX). I took the trades primarily to get a feel of how they trade. I like to do this as I’m like most everyone else: when there’s money at stake there’s a heightened level of awareness versus paper trading something. Also, with the marke ... Read more

Fighting off a significantly lower open, broad market indices held the opening range lows, and ripped higher through much of the session to close in positive territory. Some late afternoon selling forced the averages to close off the highs of the session, but overall the reversal action was posit ... Read more