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
18,364 Blog Posts

Please Help Me Learn How to Lose

This is like the Twilight Zone episode when the guy was dead, winning all the time at gambling, sticking up banks, getting chicks etc — never losing. It was later on revealed that this place he resided in, an apparent paradise, was in fact hell. I too have been trying to lose for weeks now, sashaying effervescently into long necked giraffe-like stocks, only to find myself on the receiving end of a most egregious victory.

Just yesterday, I bough CGC, hoping my 32 for 33 stock picking success winning streak would come to a very abrupt end. Then I come to find out Canada legalized pot and the fucking stock is sharply higher in the pre-market.

Did I die and this is my hell, a world of wanton victories without drawdowns? I must admit, this sordid brand of hedonism isn’t what you might think it is, from an emotional standpoint. The wins aren’t as exciting without the losses — the proverbial punch to the gut that makes you want to spit up your balls and maybe a lung.

Futures are up over 100 and I’ll probably put a lot of my 80% cash back to work today, in a true college spirited effort to lose some of it.

Wish me luck!

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7 comments

  1. teslawasright

    I have been with you from the blogspot days. I have never seen you kill it like now.

    So Awesome!

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  2. Phileo99

    you need to make an IBC Video out of this

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  3. mongoosereflexes
    mongoosereflexes

    what the heck is going on with the market right now? just crazy moves up in NFLX, FB, etc etc. I’m actually getting spooked from all the gains…

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  4. stuckcity

    LoL sashaying

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