Category: Don's Trading Desk

Don's Trading Desk

Here's where I was right (and dead wrong) in 2025

Last trading day of 2025. Time for the brutal scorecard. Look, a year ago today, I sat in this exact spot - probably with six monitors instead of two like I had that morning because my setup was screwed up - and I told you to "get ready to rumble." And you know what? While

Don's Trading Desk

Why Everything You Think About Silver Is Wrong

Silver shot up 7% this morning, and I watched everyone scramble to explain why. China wants delivery. Overnight futures pressure. Global demand. Inflation hedge. All wrong. By 11:30 AM, SLV had traded over 840,000 option contracts. To put that in perspective, that's almost as much as NVIDIA (630K),

Don's Trading Desk

The Bubble of Everything

S P's been range-bound for a month, hitting all-time highs while sitting dead at 50/50 advance/decline. That's not bullish - that's a setup. Look, I get it. When you see "ALL-TIME HIGH" plastered across every financial headline, your brain wants to process that as strength. But here's what those hea

Don's Trading Desk

I Own Zero Stocks Right Now

People keep asking what I'm buying these days. Here's the shocking thing I tell them: I don't own anything. Nothing. Not a single stock. No crypto. No mutual funds. Zero public companies in any of my accounts. And no - I'm not waiting for some perfect crash. I just think everything's priced like abs

Don's Trading Desk

Markets close, but the edge never sleeps - Happy holidays!

As we close out another year in the markets, wanted to wish everyone happy holidays - whatever you're celebrating. Christmas, Hanukkah, or just some time away from the chaos that’s called trading - the important thing is stepping back and appreciating what matters. This business never stops moving,

Don's Trading Desk

The SLV trade everyone's getting backwards right now

I Just got off Schwab's Big 3 Show. And I had to talk about my best trades of 2025. You know how I feel about that—bad trader juju. But here's what matters for what's coming next. Tesla? Yeah, caught that ride from $300 up. Wasn't about the cars. Wasn't about the business. It was about

Don's Trading Desk

Why Tom Sosnoff's Epic Fail Changed Trading Forever

Tom Sosnoff looked directly at the Chicago Board of Options Exchange executives and said the word that would haunt him forever: "Quickies." I was 24 years old, running the slideshow, and I watched one of the smartest guys in trading completely faceplant in front of the who's who of the options world

Don's Trading Desk

I'm Watching the One Thing That Actually Matters

Everyone's talking about this morning's rally. S P up 0.6%, Nasdaq climbing, AI stocks getting bids. I'm looking at something completely different. While you're staring at those green numbers, I'm watching the order flow. And it's telling a very different story. 118,000 Contracts is a Crap Fest This

Don's Trading Desk

The Slop Trader's Confession

I'm sitting here getting frustrated, waiting for my reversal, and I'm just not getting it. But you know what? I'm not gonna force anything in what is a fairly slop marketplace. That's the thing nobody tells you about professional trading - sometimes the best trade is no trade, and it pisses you off.