Most of you punks were popping pimples, or grabbing your balls, during the Asian contagion through dot com bubbles. Some of you survived the 2008 collapse, only because you didn’t have bread in the game. Most of you still don’t have bread in the game, yet claim to be traders. Even more of you unskilled laborers shit on Wall street daily, yet spend inordinate amounts of time reading up on investing legends in a half-baked attempt to achieve personal success.
Very simply, you’re out of your depth. This business isn’t for everyone and I’ll be damned if I am going to listen to the likes of you, swinging like an idiot on a vine from one 3x ETF to the next, parading around the internets as an authority on risk management.
Listen to me, son: if you don’t have an idea why you’re buying XYZ, then you’re just pissing in the wind. Where is your religion?
“The Fly” has a true religion and he is emboldened by what he sees now. All of the things he’s been looking for are coming together now. The table is being set and grandeur awaits.
Back to the matter of you. Why would I take baseball hitting instruction from a guy who never even made it onto his varsity high school team? Eventually, the gig is up and your lack of sophistication will lead to your own undoing.
I’ve been doing this shit for too long to even think about what other people are doing and how their methods continuously fuck them out of grabbing the big prize when the big prize is for the grabbing.
You only get a handful of chances to capture big wins, in any given year. You have to be out there, drawing the punches, taking the hits, and leveraging into a storm to capture it.
Are you man enough to take the hits?
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Fig?
You bet your ass FIG !!!
Many of us can see individual situations
play out and even prosper with that
skill but being able to isolate all the moving parts and put it together for a win, well it’s a gift I don’t have.
Looking at that Brian Williams pic made me wonder…. what if he were to be offered an iBC interim bloggers spot once he get’s canned from NBC? He could fire off some daily Kelleresque calls, and totally dwarf the likes of Sykes or Gartman in both interest and outrage … I’m thinking page views right now, and this could be epic!
You could also offer the spot to many at MsNBC, CNBC and every other NBC’er and probably get the same result Uncle..
pirate – do you have a 2nd stringer in mind if Mr. Williams declines? Al Sharpton? I’m so bad about watching the news these days, that I’ve lost track of the personalities.
Surprised that comment made it through my filters.
I’m increasing my roadside aluminum can picking to leverage-up to the cajones. $INDU 20,000 by the end of the Summered season. GREK and RSX to the moon. All is well.
MNK SLXP AAPL DIS FRGI SAVE. With this portfolio I’m up 5 new Rolex Submariners today alone, and IMHO, this market is just getting started.
That’s some high beta shit there, save Mickey Mouse.
The Mouse is working his ass off for me though.
Gartman is long Brian Williams.
Yes Double, but perhaps he is long only OF Williams only in ‘Al Sharpton Terms’?
i like boobs
All these guidos in these clubs. Hunka Bunka.
I was popping pills of ecstasy in 2000.
I was popping pills of ecstasy in 1990.
FIG newton.
I was drinking Boone’s Farm in 1970.
4 letters: D…W…T…I. Then again, that was probably the easiest reversal trade ever. After today or tomorrow it probably gets dicey and requires a return to regular stocks.
Although I agree swinging from vine to vine isn’t a way to make a living, this is an awfully tough market to stock pick (at the present moment) and it’s almost easier to take a macro view long/short and trade it. The blow-ups in specific names are insane right now when you’re wrong.
I got castrated by the dot-com bubble – right after I left my first wife and gave her everything – holding onto JUST my portfolio!!
Everyone has their own trading style. Not sure why you are trashing those who have a more conservative approach, especially in this choppy market. Nothing wrong with swinging for the fences.. but just don’t whine how the market is full of fuckery (which it is) when you take a called third strike.
I am a patient man. Sitting on the sidelines (with my cash) while watching market nuances like a hawk. When the odds are so stacked in my favor, that is when I strike. I don’t take punches. I give them. I used to always have to have a position on. Now I’m sidelined more than I prefer and the wins come much less often. But so do the losses and the wins are SUPREME!