I Dare You…

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If you buy AMZN here, I will make money off your trading failures. These failures may not be apparent to you at this moment, but come tomorrow they will be. This is currently a dream; one you will cry about when you wake. You will be dumbfounded and bamboozled by the losses that will materialize on your trading screens. Trust me, this will fucking happen.

This rally is grounded on weak soil and will crumble in seconds. News released today regarding record Kindle sales only makes my convictions stronger. They are trying to push the only good news they have and it is far from outstanding. Similar to the release of record sales by AAPL, the day before they disappointed. It’s the same every time. It’s all a fucking ploy to trick the simple and reward the great.

Come next week, the new year will start off with a bang. Managers whom shit the bed in 2011 will return, only to sell everything in disbelief. Everything will sell off come 2012. Gold will continue to fuck world governments in the skull by embarking on a continued rise(After this sell off). Simple fact, the underlying story of gold/silver has not changed. Governments are still fucked and they will continue to print money. These momentary pauses should be bought with excitement. Please, as always use caution and wait for a bottom to materialize(Risk management is key).

My trading today has been fucked to say the least. I have been short, long and short again. This is part of my risk management as I don’t want my correctness on the long term to be trumped by wrongness on the short term. They will call 2012, “The Fall of Kings” as high flying stocks shit the bed continually. I know this to be true and cannot let some interaday rally screw with my convictions. As you know, I hold risk management in the highest regard and never allow a position to lose in a significant fashion. I will try to keep updates coming, but it has been challenging recently.

2 Responses to “I Dare You…”

  1. Trading is an internal journey; not you against others. What I do or what others do is not important.

    What is important is that you apply money management against your conviction which I see you are doing well.

    Good luck and good hunting.

    btw: FWIW, be mindful about January effect.

    • Thx for the comment. Very true.

      Ego’s won’t get you far in this game.

      Best of wishes in your trading, never anything personal.

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