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
19,840 Blog Posts

You Can’t Trade If You’re a Mess

Lots of people want to get into this game and go about it all wrong. First, you can’t trade well if you feel bad. The world is a suffocating place with opinions flying left and right, mostly by ideologues who annoy the fuck out of you. Go to the gym and lift weights. If you’re over 40, don’t lift heavy, bro. That ship has sailed. But you need to get the endorphins flowing and tighten up those fucking abs.

If you’re going to lift, you’ll need to cut too, meaning tracking your calories and reducing carbs, otherwise you’ll be lifting for no god damned reason at all. If you’re cutting calories and setting a goal to reduce body weight — you need to eat the right foods — chicken breast over chopped meat, salmon over tilapia. Throw a fucking green in there for Christ’s sake.

Slow morning? Do 50 pushups and 100 crunches. No matter where you are in life, exercising will make it better.

Drown out the negatives.

People around you piss you off? Put on some headphones and listen to music. Hate what you’re fuckhead friends are saying on Facebook? Fuck Facebook.

What’s your stated goal here? My guess is to make some money to be independent, to build something meaningful. The money you make in your lifetime should be passed down to future generations or perhaps you could create a foundation or charity in your name. Why not? Leave a mark on this god forsaken planet. But you can’t get there, you cannot get to do any of those things if you’re trading or investing poorly. Attaining the skills to do it is another topic, but the easy stuff, feeling good of mind and body, is something everyone can do. Sure, we’re all melancholy from time to time and it’s easy to walk the black dog and feel sorry for yourself. Some people even say dumb shit like ‘in my next lifetime I’ll do it right.’ Guess what fucked face, this is it. This is your one shot, so make the best of it.

I know people who got it at 15 and knew exactly what to do. Other people didn’t come into their own until after college. Some people are late bloomers and just started realizing their mistakes after 40. There isn’t a time expiration on success, so quit counting yourselves out.

Now go make yourselves an omelette, some black coffee, and lift something heavy — come back and crush some trades.

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16 comments

  1. jacked rabbit

    FIG

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  2. oldmantrader

    Well said ole chap well said.

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  3. oldmantrader

    on another matter can I get another avatar?

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  4. soonerxii

    Thanks Fly, I needed to hear that this morning

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  5. kushalluhar

    Thank you for the morning motivation.

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  6. acehood

    In the same vein, around age 40 start monitoring your test levels. Because godspeed to you if those start falling.

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    • numbersgame

      Real men increase testosterone by exercising. Hormone injections aren’t going to do sh!t if you are sitting on the couch anyway.

      Conversely, if you exercise regularly, there is littel need for a T-test.

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    • ferd

      Your wearing blackface is racist. I thought I should signal that I am upset at this.

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      • s.k.

        Your Russians handlers need to work on your English grammar.

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      • numbersgame

        Well, he can still be PM of Canada or Governor of Virginia – just as long as they are a blackface-wearing liberal

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  7. mrcharlie

    “Faahhhk Facebook!”

    Truer words have never been spoken…..here here Le Fly you mangey animal!!!

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  8. og

    Neck hurts from doing dips last night and I’m barely over 40…

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  9. numbersgame

    VIX at 13.6, Oct expiration tomorrow. Nothing to see here.

    Also ignore the fact that Nov VIX futures are predicting 17, with higher volume and higher open interest (of course, this makes VIX options and TVIX relatively expensive as well).

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  10. ferd

    Gold and bonds staring over a cliff.

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