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Trading with The Fly

Dr. Fly
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
23,418 Blog Posts

REMEMBER THE PAIN

Dr. Fly Tue Nov 3, 2015 2:32pm EST 4 Comments

Remember the agony you felt at 4am, watching stupid chinese stocks careen lower.

I am removing some of my risk from the table now. I sold out of NK and XON (both for massive gains) and tossed the proceeds in a Federally insured money market account, yielding peanuts.

I am very interested in smoking one more bowl of the crack smoke, however. At the moment, I am looking for some choice short squeeze ideas.

DEVELOPING…

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4 comments

  1. blahblahblah
    blahblahblah
    November 3, 2015 at 2:35 pm

    back to 75% cash here. wins have been too easy. people are suddenly way too giddy.

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  2. ecchymosis
    ecchymosis
    November 3, 2015 at 2:36 pm

    Congrats on finding such high quality posters for the Peanut Gallery.

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    • Dr. Fly
      Dr. Fly
      November 3, 2015 at 2:37 pm

      Thanks. The screening process took a while, but I think they are good. I will open it up to more bloggers in the future.

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  3. djmarcus
    djmarcus
    November 3, 2015 at 2:37 pm

    Well done man… I’m going to be joining you on some of that profit taking.

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