Damus

Recent Notes

Midway profile picture
My latest trade review video is up on BitChute, Rumble and PeerTube.

Early this week the markets simply took off over 2 days..unusual for the upside. So this week talks about the most important lesson in trading: when to take a loss and move on. I did take a loss this week but it was quite reasonable given how the market behaved and I'm right back in now and doing better.

https://www.bitchute.com/video/2zzEOel6XoWN

https://rumble.com/v7e04ca-twmt-week-ending-august-7-2026-a-rocket-ship.html

https://tube.midwaytrades.com
Midway profile picture
Things seem to have settled down so I opened a new SPX calendar. I went a little further out and wider (30 days / 5 days). I'm just playing with it a bit...I like the extra room and the greeks in these days of crazy moves.
Midway profile picture
My latest trade review video is up on BitChute, Rumble, and PeerTube.

This week felt a lot like the last 2 weeks with similar results. Although we did have a bunch of big tech earnings and an FOMC meeting, the results were similar. Not sure if that's going to continue, but as long as it does, there's no need to make any big changes. I also do a summary of July which was a pretty good month of trading

https://www.bitchute.com/video/yEdsDObgDC6a

https://rumble.com/v7dosyq-twmt-week-ending-july-31-2026-third-time-is-a-charm.html

https://tube.midwaytrades.com
Midway profile picture
We're still grinding up so I just took this one down for a 9% loss. It sucks, but I'm not interested in fighting this one and I'd just as soon take a reasonable loss and re-enter later. I've learned over the years that trying to keep these things alive just leads to bigger losses. No current picture due to SW limitations. It will be on next week's review video.
Midway profile picture
I closed the calendars from last Thursday for about 7.5%. Nice IV today. My plan is to sit out until probably Thursday when FOMC and a few big tech earnings come out. But this will just about hit my goal for July so I'm on track for the year.
Midway profile picture
Opened a new calendar 22-days out, longs 4 days later. Went with a 4-lot to be on the lower end of my usual risk just due to the IV and the upcoming events. Centered at 7360C (SPX)
Midway profile picture
Opened a new calendar trade today. Stuck with 4 days apart since IV has risen since I was having issues with it before. Shots are 22 days out, centered at 7470C (SPX).
Midway profile picture
I closed my calendars for just over 7% in 5 days. It's nice to have some volatility back. Will look to possible enter a new one tomorrow.