iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,431 Blog Posts

A Man Without a Thesis

I’ve only begun investing again because I felt I had to. The market demanded–so I obliged in kind. I bought a basket of stocks, some value– others beaten down momo–with the intent to make a “little bit of money.” I’ve been in ruts before and I tend to get very stubborn after being on the wrong side of a trade.

As I type this annoying blog, my G, H, J, K and L keys on my laptop barely work. It is driving me nuts, so I am going to cut this short.

I am convinced that I am cursed by devils. These same devils have afflicted me in the past and I’ve become accustomed to their evil ways. I must cleanse myself of the rot and negativity that has permeated my brain. I cannot sail these waters rudderless and I am in great need of purpose.

Once upon a time, I was an oil man, a coal man, a man of gold, leisure, tech nerd etc. Now I am just some guy with BIG ASS LOSSES (BALs) trying to make it back, wholly pathetic and I know it. There can be no swagger without imposing my will upon the markets, with extreme force and savage ferocity. That’s something that emanates from passion, not luck or technical analysis.

I might have to go on a journey, travel to distant lands to “find myself” and come back a new man, one who has seen the future and isn’t afraid of mushroom clouds or the Four Horsemen of the apocalypse.

ODF DAMN IT TIS APTOP SUCS!!!!

Fuckers.

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31 comments

  1. 4fl3x

    Indeed, Master Fly has Bals…

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  2. bonobo smores

    Even with old man stocks it’s a balancing act to conserve capital. Good luck to you, sir, glad to see you’re back in the game.

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  3. kea

    I’m kind of confused that you posted you’re waiting to trade oversold signals on indices 6 trading days ago and now you’re talking about being fully invested in old man stocks. I’m still new at trading, but have already switched the plan up a few times right after BALs. Usually not a good thing for me. Generally low conviction.

    Not trolling.

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    • The Fly

      Kea

      The reason why invested is because I felt may would be an up month and there wouldn’t be any os signals to trade. I figured I could snatch about 5% in these old man stocks, parlay, then play the etfs. We shall see

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      • acehood1

        you’re being too cute again though, which is what caused all your commotion in the first place. I really think emerging markets are the play here–EDC specifically.

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  4. tradercaddy

    Did some of the jelly happen to ooze out of your doughnut onto the keyboard this AM?
    That usually does it.

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  5. it is showtime
    it is showtime

    Top looking pretty good in housing

    Five Figure Flip
    8:30 PM on HGTV 30 min 2014
    A married couple who look to yield a five-figure profit every time they flip a house are followed in this reality show.

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    • jules

      Market still hasn’t rolled over yet. Stop calling tops, thanks.

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      • it is showtime
        it is showtime

        Not calling a top douche. Commentary on society.

        Holy F for being near highs you bulls are jittery

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      • it is showtime
        it is showtime

        It’s a fucking tv show!

        Plus if you don’t think
        that’s a sign we’re in
        a bubble. Good luck (NOT)

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  6. Mr. Cain Thaler
    Mr. Cain Thaler

    Dennis Kneale and the cat fondling was so epic to watch unfold in real time, it was almost sad. I pity new viewers who weren’t privy to the front row seats, as it was happening.

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  7. budh

    Berkshire Hathaway– Let Warren take care of it all.

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  8. bruce keller

    I can never stay with my convictions too long so I just use trends, fibs, sometimes waves, and my gut. I am also a super short term trader and don’t even keep my 401k in anything longer than a few weeks generally.
    This is my story.

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  9. Mr. Partridge

    What made you feel this may and June will be good for the markets? The reason I ask is that for me April May and June never really good.

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  10. halfbloodpope

    Are you planning on staying long JAZZ through earnings?
    ASCO presentations (50th Anniversary) should bring some opportunity for all those beta-phils out there.

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  11. xxxhuggiebearxxx
    xxxhuggiebearxxx

    This is an absolutely awful market.

    I see little upside, the possibility of significant downside, but the likelihood of years of chop. Worst case scenario.

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    • The Fly

      Stfu Huggie

      Now it’s your turn to lose!!!

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      • blackalgo

        I thought you claimed to be getting long post jobs number huggie? Would have been a good move.

        I was a buyer the day before.
        SALE up 11%+, DATA up 9.5%, FEYE firming about to bounce as well IMO.

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  12. samjan
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  13. samjan

    One more try…

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  14. bushwacker2

    Nothing wrong with starting over again using old man stocks.

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  15. matt_bear

    All a man needs is creatine, coffee, and earl grey with a touch of honey (never sugar).

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  16. bushwacker2

    …and a woman with a great ass and bodacious tatas.

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  17. alf44

    .
    … would just like to take a second to say thank you very much for ALL the kind, thoughtful expressions of condolence !!!

    With all the vitriol on the Internet, it is easy to forget sometimes that there are still real, honest-to-goodness, genuine human beings out there !

    —–

    Been in a Hampton Inn since last Friday night !

    Should be returning home tomorrow or Wednesday !

    Miss my bed !

    Thanks again !!!

    .

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  18. ironbird

    Dementia tape. Did the boomers finally give in and start buying?

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  19. ironbird

    The ultimate Alzheimer’s trade is AAPL. Financial engineering for the senor trailer park win.

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  20. juice

    love this quote on devil belief –

    “The swampy mass of your belief in gods, tin gods, demons as well as in angels and saints and in a devil chokes
    the truth in you and brings forth a weird silence there, because you have sunk into a belief-swamp and not even one healthy thought to the truth-finding can grow up in you, because an impulse for this is already nipped in the bud and decays and destroys everything before even one iota of a recognition of the truth can come about.”

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  21. typebtrading

    I thought you weren’t going to curse anymore. Lol!

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