I’ve said this before, and I’ll say it again: I never really know which trades are going to be my biggest winners.

Sure, sometimes I get a setup that checks all the boxes:

• Price action looks great
• volume confirms
• sentiment is lined up
• and I feel like I’ve got a winner on my hands

But more often than not, those aren’t the trades that end up paying me the most.

The ones that really work? They usually sneak up on me. Quiet names. Unexpected moves. Ones I nearly talked myself out of. Which is why I’ve learned—through many hard lessons—to keep my size consistent.

This is one of the most important forms of discipline I’ve developed as a trader: Treating every trade the same.

Same sizing. Same process. Same rules.

Whether I’ve got massive conviction or mild curiosity, I try to keep the structure tight and the exposure sane.

Why? Because the alternative is a psychological nightmare.

If I go all-in on a trade I’ve hyped up in my head, and it turns out to be dead wrong? I don’t just lose money—I lose mental capital.

I then second-guess myself. I hesitate on the next trade. I spin into...

I've been loving how this boring utility space name has been consolidating near all-time highs since February. Most people have probably been bored to tears if they've been in it. Longs are comfortable, shorts are asleep. Great.

With earnings coming up later this month, I think we've got the catalyst we need to surprise people and see this stock breakout. I want to get a head start...

In today’s Daily Digest, we’ll review the following:

1. No new positions today.
2. Rolling ARKK to September options.
3. No exits since the last report.
4. Current status of open campaigns.
5. Volatility Snapshot.

Let’s dig in!