10/16 Load the Boats

All eyes on DXY and ER's this week

Merlin Capital

Oct 16, 2023

∙ Paid

I. Forward

II. Reflection

III. Markets

IV. Analysis and Commentary

Forward

I hope everyone had a great weekend, I had to make a last minute adjustment in the wiz charts on friday, that paid us dividends. Taking 436c’s on SPY that expired Oct 17th and majorly paid this morning.

This market is playing to max difficulty and likely the algos spotted the changes to the game in the final 15 mins of Friday. Market Makers are trying to be extremely difficult and punish conviction buys right now. Why we are staying agile to every twist and turn they are throwing at us.

Now, we are once again repositioning ourselves for the next set up here, which we will get into down below.

I also take serious pride in this being an affordable educational site. I am adding a veteran discount on top of adding student discounts to subscriptions.

VETERAN DISCOUNTS FOR WIZ SUBSTACK (need a vmail.vet address)

Get 30% off forever

STUDENT DISCOUNTS for WIZ SUBSTACK (need an educational institution address)

Get 50% off for 1 year

If you enjoy the stack, make sure to like this post, restack, retweet, subscribe to the tribe. It goes a long way and I think 95% of those that upgrade will say they’ve seen their trading improve incredibly. But enough of the biz, let’s get down to wiz.

Reflection

Timing and taking opportunities are two essential ingredients for success. When we have good timing, we are able to identify and seize opportunities when they arise. This can lead to advancement in our careers, relationships, and other areas of our lives.

However, timing is not everything. We also need to be willing to take action on the opportunities that we see. This can be difficult, especially if we are afraid of failure. But it is important to remember that the only way to guarantee failure is to never try.

Here are a few reflections on timing and taking opportunities:

Merlin’s Capital