Study your charts: First trade options, then futures, then the physical. Remember, some financial instruments can possibly move in the opposite direction or are a hedge; learn about hedging your trade.

Do your homework on traded options with charts. I will not tell you to buy puts (the right to sell) or buy calls (the right to buy); that’s your decision. Nothing less than one- to three-month or at-the-money straddles is a volatility trade, but you have to judge which financial instrument or market will be volatile. By now, you should be experienced traders, and if not, paper trade. Know your maximum losses; remember the only thing guaranteed is death and taxes. Remember, August is a family holiday for some of the world; schools out for Summer.

Movie Night: Midnight in Paris by Woody Allen, a great movie. Fancy dress optional. Usual chat after the film about script, casting, location, sets, lighting, camera work, acting, extras. Food: French baguette, Brie Butter Lettace Tomarto Gherkin to taste. Or Chaplin with Robert Downey Jr. one of the greats who is coasting and doing for the bucks.

Time to learn another language, and in the past we set you homework to learn shorthand. Also, let’s learn chess; you might find it frustrating at first. You might want to look into the history of chess.

Dunstable’s Soapbox Derby – Dunstable Town Council

On your Jack’s Iggy Pop the album “Blah Blah” and singles “The Passenger” (clever lyrics) “Night Clubbing” Strange things in the background called instruments. Good producing! One of the greats I wonder if he is in the Rock and Roll Hall of Fame!

THANKS TO MY HACKER!

WARNING: Trading can seriosuly damage your wealth. Always read the terms and conditions of your broker