election day.
markets open.
i’m paused.
current status #
balance: $445,200 (from fri nov 1 +$420)
today: watching, not trading
tomorrow (wed): assess and maybe resume
why this pause matters #
2pm update:
SPX gapping around.
VIX swinging 18-22.
correlation spiking.
my algos don’t handle this.
they need:
- stable regime (this isn’t)
- predictable correlation (this isn’t)
- normal market structure (this isn’t)
binary event = sit out.
comparing to those trading today #
seeing on twitter:
some traders crushing it (+$5k, +$10k).
others getting destroyed (-$8k, -$12k).
gap risk unlimited both directions.
i’m okay missing both.
what i’m doing instead #
monitoring:
VIX levels.
correlation patterns.
volume flows.
for tomorrow’s assessment.
also:
wedding planning emails (caterer sent menu options).
A. working on code at her desk.
normal tuesday except no trading.
ytd context #
current: +21.7%
annual target: +15-18%
missing today: doesn’t matter
already above target by 3.7%.
protecting gains > gambling on election.
tonight quick update #
election day paused as planned.
markets volatile AF.
some crushing, some destroyed.
i’m flat (correct decision).
tomorrow assessment.
2:20pm tuesday. election day. markets gapping, VIX swinging 18-22, correlation spiked. paused as planned. watching not trading. gap risk unlimited both ways. some traders +$10k, others -$12k today. i’m flat = correct. ytd +21.7% already above target. wed assessment.
-AK