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
23,426 Blog Posts

And the Melt Ups Continue — Cheers from House Fly

It was a typical day on Wall — morning fade led by foam mouthed buyers. I closed out my SOXS trade for +1.5% and went long a sundry of wonderfully horrible stocks. The net result, as you could imagine, was winship — on a scale you’ve rarely seen and most definitely have never personally endeavored to achieve.

Today’s gains.

SOXS +1.5% x3
VTIQ +9.2%
MARK +5.5%
RVLV +7.6%

Admittedly, MARK ran 10% after I sold — but we do not look back and we never regret anything we do. It is what it is and we don’t give a shit.

Into the closing hours of trade, I hedged and simultaneously bought a HEAP of shit. I closed out the day 55% cash — careful not to fuck myself — but aggressive enough to truly make a dent in my portfolio. When trading small capped stocks of low integrity, it’s important to have methods and rational thoughts. Only if I could share these ideas with you — why you could make some money on your own without assistance. However, that is not the case, for I do not TEACH ANYONE HOW TO TRADE. I feed people fish. Would you approach a neurosurgeon without any medical experience and say “teach me how to operate on brains?”

Of course you wouldn’t, so quit asking me to teach you how to trade.

Enjoy the weekend and be sure to celebrate my birthday, coinciding with the reopening of the economy. Maybe envelop yourselves with the prose of Le Fly via the purchase of his two AWARD WINNING books. Or, dare I say, consume some of the iBC Merch — maybe a Merlin mug or two, alongside ANNUAL Exodus plans for all of your loved ones. Either way you decide to reward House Fly for its unbelievable efforts, I tip my hat.

 

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10 comments

  1. peaches

    happy birthday bro

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  2. juice

    Ditto, Flea maestro …. may this birth date & all the rest bring you and yours a sundry of a plethora of inner and outer prosperity

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  3. cancel19

    Yes, Happy Birthday Dr. Fly! You magnanimous fisherman you! Enjoy!

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  4. richardweiner

    Nigger.

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  5. roguewave

    Some financial bloggers believe that anyone over 38 1/2 should have their wheeled chairs rolled down open sewers. I was going to say down open manholes but I didn’t want richard going off.

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  6. fxtradepro

    Has the fly bought himself a pair of Costas and a lanyard yet?

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  7. purdy

    Ha ha, you’re old.

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  8. acehood

    Will you write another book already? Your true talent is going to waste.

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  9. soupbone

    The English is a gift, complicated and nuanced. Carry on and on.

    The PMI’s have been awful. Expect the best but plan for the worst.

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