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
17,712 Blog Posts

Trading Retardedly Into the Weekend

Just about every whim I get is wrong today — me betting against the Russians, getting long cryptos proxies, Chinese burritos, and whatever other harebrained ideas I’ve concluded were appropriate avenues of risk.

I took a fucking battle ax to the skull this afternoon in YY. Apparently, tariffs all but made this company obsolete. See you at $00.00 Mr. Chow Fun (no racism). I sold that shit out for like a 8-9% loss.

I had this Frankenfood swag going yesterday with RKDA — but today it’s been total bloodshed and ridiculous clown trading — me being the clown punched into the water by faggot kid/day traders.

The only thing I have going on right now, on this magnificent spring day in Princeton, NJ, a denizen of nerds of dirty farmers, is NUGT. Apparently, once we light up Russia tonight and show them how retarded their missile defense systems are — everyone will piledrive themselves into GLD.

I’m getting too old for this shit — truth be told. When I started this sojourn into the underbelly of the interwebs, I was in my 20s, bright eyed and cow-eyed, violent and magnificent. Now I’m an amalgamation of two decades of cynical financial practices — fueled by rigged markets domiciled in an overtly evil country. I’m like a nice German citizen shit-posting about Hitler, circa 1942, while the country ravaged Europe for a 100 million large.

It looks like markets are heading up again. Who knows where this wheel of fortune will land next. Perhaps we’ll all get rich and name our son’s after Donald Trump. Or maybe it’ll land on the bankruptcy tile and we’ll fuck ourselves just before stabbing each other in the fucking helmet for a loaf of stale bread.

What do you think?

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12 comments

  1. og

    Looked like it would be a good day until the banks shit the bed.

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  2. ferd

    “I’m like a nice German citizen shit-posting about Hitler”

    Well said. Of course only thing at risk right now if one doesn’t follow the script of the thought police is being called names, being disappeared from MSM, and a bit of social media censorship – the Germans had it worse. How far down that hole will WE go?

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  3. ferd

    From the neocon editorial board at the WSJ today:
    “What is needed is a substantial degradation of the Syrian regime’s military capacity. That may well include calling Mr. Putin’s bluff on collateral Russian casualties.”

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  4. sarcrilege

    1942, 1942,…oh, yes, Bush, Prescott Bush, that is,
    https://tinyurl.com/huyhykl

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  5. tonka

    Vol getting absolutely annihilated on a down day is not a sign of a weak market.

    This morning was the time to get short vol if anyone is still inclined.

    Beautiful contango, my old friend.

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  6. heckler

    There’s no way we all get rich bro, and in the end, the guillotine is the great equalizer. You’re a man of history. You know that.

    In other news -off to Las Vegas. Let the Wheel of Fortune spin!

    https://youtu.be/tvawZV_k2xw

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  7. heckler

    That’s a good one ironman. A real lollol. Hat tip hombre

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  8. awanka

    I am but a humble pig of the earth, Mr. Fly. I invest in things that I can feel with my cloven trotters. Investing in abstract ideas has been a losing trade this year because the markets and investor reactions are very complicated. I can predict if a company will be successful a lot better than I can predict how people will react to a bit of news.

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