Let’s Not Stand on Ceremony

Trading is hard. It’s not hard because it’s hard to make money. It’s hard because you are sometimes forced to watch the stuff you just sold scream higher. There is nothing better than a stock cratering by 50% AFTER you just sold it. But when that stocks soars and tries to lure you back in at higher prices, the very feeling of death strikes you.

Just the other day I sold out of my chinese burrito stocks, all but one. I kept LITB, which is down 10% since. I sold CMGE, DSKY, VNET, XNET, ZPIN and QIHU. Go take a peek at the first two, going all mortal kombat on the market here. I replaced those stocks with some biotech and one retail store, none of which have performed as admirabbly as my former chinese burritos.

What’s a man to do under such onerous circumstances?

The way I see it, there are two options.

1. Get a piece of rope and kill yourself. The world doesn’t need more stupid people. We have an overabundance.

2. Man up and remember what you’re here for. You are not here to vote at annual meetings or micro-analyze the companies. You are going to rip and run. Do not apologize for your abrasive actions to the pedestrians, for the people outside of the colosseum will never understand what it’s like.

I fully intend to profit from my current holdings, one way or another. If they underperform, I will sell them and move on. But you and I both know Señor Tropicana is on extreme fire right now, a 5 alarm blaze ripping through your bullshit housing project.