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
19,220 Blog Posts

Disgusted With Myself — Moved to Cash

I took a look in the mirror and didn’t like the odious visage staring back at me. I reflected upon my present portfolio and determined it was mostly shit. Plus, I went ahead and stopped out of my LABD at the precise moment markets began to tumble lower. This made me disgusted with myself and I immediately hated all of my positions. Ergo, I fucking sold them all — save one or two, maybe 3, or 4!

I was having so much fun too, trading in and out of biotech hand grenades, laughing, crying, frantically pressing “buy” and “sell” — booking grand profits in stocks most likely headed directly to zero. The question I asked myself was this: “do I want to own these stocks now?”

I’m sure markets will do fine and springboard higher from here, and everything I sold will bolt higher — leaving me in a greater dispirited state than I am now. Meanwhile, I’ll participate via my quant, but presently occupied dark and brooding — angered by admittedly ridiculous things that literally mean nothing to me at all — just a mood and a cloud. So fucking stupid.

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

4 comments

  1. ferd

    Long DUST for a quickie

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. bronze28

    FLY…. 2 words to solve your issue

    MARY WANNA.

    it really works. Otherwise why would so much money be going into these stocks. e.g. VFF

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. acehood

    Just wait until you move South and can commiserate with the locals about the lingering after effects of the War of Northern Aggression.

    • 0
    • 1
    • 0 Deem this to be "Fake News"
  4. flyaway17

    Stop whining and focus.

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