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
18,854 Blog Posts

Emotional Ruins

When I passed my series 7, almost immediately after the market cratered and crashed. It halted for trade in 1997 and I was shocked to see the veteran brokers in the boardroom chimp the fuck out. The following year, markets dislocated again and down it went, unceremoniously wiping out speculators with savage comportment.

I was born into this business during the hottest of fires and managed to build a successful business and navigate the pangs and the bangs, never needing to rebuild after my first destruction in 2001. I’ve seen countless people detonate and bore witness to their brain matter festooning the walls and the desks in the boardrooms I’ve parlayed in. At this very moment, I’m aware of a very big producer at a very big firm with millions in the market, fully leveraged to the hilt — getting annihilated on an hour by hour basis. Ideologues get fixed to the gibbet, whipped, removed from the gibbet, racked, drawn and quartered, decapitated.

The anti-climatic motion of a market strewn with disappointment affects the psyche and removes marginal players from the game. This is the way its always been, always will be, until death parts you from this experiment.

Go shave your fucking face. Iron your clothes. Make yourself a good cup of coffee and pay attention to the details. Get yourselves in a good mood and dispel the melancholy. You want to trade this market and make some money? Leave your emotions at the door and let prices sway you. Don’t let my words, as eloquent and persuasive as they might be, move your bias. Look at the god damned screen and, for the love of Christ, do something!

My current holdings. Trade disseminated in real time inside Exodus.

If you enjoy the content at iBankCoin, please follow us on Twitter

14 comments

  1. it is showtime

    RAISE EM!
    Give us one more baby
    Give us 1 more

    • 1
    • 0
    • 0 Deem this to be "Fake News"
  2. roundwego

    I hope you get ass raped on FB.

    • 1
    • 1
    • 0 Deem this to be "Fake News"
  3. NON Solo

    TWTR is the new savior.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Lyndon Keltner

      Now I feel bad for the President. He doesn’t get to use the donations for impoverished children as hush money for porn stars that he banged with his button mushroom no more.

      • 0
      • 1
      • 0 Deem this to be "Fake News"
  4. Lyndon Keltner

    I thought Flynn wasn’t a crook, either… but he (R*-DC) wants to lock Flynn up. The poetic justice is too overwhelming.

    *R for Reagan

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Dr. Fly

      BORING

      • 1
      • 1
      • 0 Deem this to be "Fake News"
      • Lyndon Keltner

        It’s a pulse-check on your 2 or 3 right-wing patrons who like to downvote any “anti-Trump” comment. But then they might have died from shame if they had any sense of shame.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • ferd

          Everyone on the planet agrees Trump’s a degenerate. Just stop buying into the he’s-a-Russian stooge-stealing-our-democracy nonsense ..the Russians are relative bit players in the area of foreign influence on the US.

          • 0
          • 0
          • 0 Deem this to be "Fake News"
          • Lyndon Keltner

            Facts (to be confirmed by his tax returns): Trump got his bailout money from Russia and takes orders directly from Moscow.

            • 0
            • 0
            • 0 Deem this to be "Fake News"
          • numbersgame

            ferd, it is not as simple as
            “Take this money and work for us”

            It is more like
            “Someday, and that day may never come, I will call upon you to do a service for me.”

            Don’t forget that the Putin was the Director of te FSB.(KGB)

            LK, Fly has moved away from the political postigns for the most part, we shoudl do the same.

            • 0
            • 0
            • 0 Deem this to be "Fake News"
          • ferd

            Don’t post something political and then say WE shouldn’t …yeesh! I was responding to Lyndon. In any case, you missed my point.

            The talk of Russia is absurdly fucked up because there is an elephant country in the room that arguably has pushed us to destroy millions of lives already and has cost us $trillions and earned us countless new enemies. The focus on some possible future nuanced bend to our behavior due to Russian dirt on Trump is fucking absurd in this context.

            • 0
            • 0
            • 0 Deem this to be "Fake News"
  5. mrcharlie

    This coffee im drinkin is shite. I could use some Cafe Bustelo, great product. You should try it sometime gents, Espresso style grounds from the tin can!

    • 0
    • 0
    • 0 Deem this to be "Fake News"