Hey trader, The S&P 500 is pushing toward a new all-time high. A significant number of the traders in this rally have never lived through a correction that lasted more than a few months. Their risk management reflects it. Position sizing, leverage, and recovery expectations are all calibrated to a single experience. COVID crashed the market, and it recovered in under a year. That one data point has shaped an entire generation of assumptions about what markets can do to you. The traders who survive prolonged drawdowns are never the ones who saw them coming. They are the ones who built their accounts to absorb the hit before it arrived. I am going to show you how to do that today. A Scene That Stuck With Me There is a movie from about 20 years ago called Miss Pettigrew Lives for a Day. It is set in post-World War II

Hey trader March CPI came in at 3.3%. That sounds manageable after years of post-pandemic price chaos…but it’s not. Dig a little deeper and we find what we all expected: Gasoline surged 21.2% in a single month. Fuel oil jumped 30.7%. The official methodology strips energy out of its “core” reading because it is considered too volatile. That works fine when oil spikes for a week and fades. March CPI at a Glance Look at the gap between “all items” and “all items less food and energy.” The headline says 3.3%. Core says 2.6%. That 0.7% difference is doing a lot of heavy lifting. Almost the entire monthly increase was driven by energy. Strip it out and you get a number that looks almost normal. Leave it in and you get something much closer to what your wallet already knows. The Problem With “Core” Inflation Every month, the Federal Reserve

  Hey trader,  Crude oil hasn’t been this volatile since the COVID crash.  The Strait of Hormuz is closed…headlines are changing by the hour…people are either frozen or chasing every spike. Indecision has a cost.  Every session that passes without a plan is a session where crude hands money to someone else.  The moves are happening.  The only variable is whether you have a framework to capture them. While I won’t give away all my secrets, I do want to illustrate how I do this. During this morning’s 10% Club session, I called a Bollinger Band breakout on crude oil futures:  The entry was at 115.69.  The stop was defined before the order went in, 114.72 The target was 117.03. It worked like a charm. The entire trade followed a repeatable system that works whether the catalyst is Iran, OPEC, or a random Tuesday. The Setup Crude oil opened strong