30-Jul

Gold // Trade management // Members’ achievements

Congratulations to Spiker Steve S on winning his latest weekly Gold. A quick look at the lists of winning Spikers and Members this weekend shows that even during a bullish week bears did very well. Gold and Bronze went to Spikers who traded short. Five out of 25 Members with Performance bonuses also traded short. Spiker David C earned 2+% trading long in ARKK, while Member Michael F (a repeat winner of Bank Robbery award) earned a Performance bonus with a 4+% gain shorting that same stock. I’ve often said before that trade management is more important than the trade you pick.

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10-Jul

First Gold by a new Spiker, Members’ achievements

When a new member of the British Parliament gives his first speech, they call it ‘a maiden speech.’ Perhaps we could call this post “A maiden Gold.” David C., a professional money manager in Canada, was promoted to a Spiker in 2021. He was our Silver equity winner in Q1-2022, flat in Q2-2022, and now in the Silver position for the current quarter with his first weekly Gold.

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