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
20,619 Blog Posts

Grimly Painted Rally, Le Fly Barely Won

An interesting melt up marked by my own over-enthusiasm. Part of my underperformance, up just 0.25%, is due to overtrading. I bought and sold FROG and then it sprang for another 10%. In the morning I blew out of my losers and traded back to breakeven, erasing a 1.6% loss — but did little more afterwards. It was a lot of churning, but not much burning.

I closed the session 100% allocated. Fuck you and fuck my trades. I am tired of posting them. What difference does it make? Does me posting my trades help you? No. Does it encourage you to trade better? No. You are going to do whatever the fuck you do and that is most likely on par with losing VAST SUMS of money. I will tell you this now for your own good: quit trading. No one is going to teach you anything. Fuck those faggots. The best way to make money in this market is by copying SPACE ALIEN MAGICIANS (SAM) — sitting obediently inside Exodus and waiting for fresh fish.

More or less, I am trading in and out of complete fucking shit. My Quant, which is STACKED with “the best stocks”, moved higher by 1.7% today — but it’s down 5.8% for the month, whereas my self directed is +13%. Should I, dare I say, sell out of the Quant and do it all myself? Perhaps. But the whole fucking point of the Quant is to market perform on days like today — asshole +0.25% trading gains boosted by quantitative greatness.

Bottom line: go fuck yourself. Also, I am getting space stomped by a female trader on Twitter, with a vote count off the charts in comparison to the other faggots partaking. What is this poll? That is a poll of assholes, attempting to feeeeeel important. But seriously, I hate all of you and hope you lose all of your money tomorrow.

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7 comments

  1. zusch

    same tbh

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  2. soupbone

    political slant and current event commentary is not in the discourse as required. But you have to recall zeropointnow at this juncture 4 years ago. Pretty sure there’s something to be spoken this time too, however it seems overshadowed somehow.

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  3. edge

    Nice rant Fly. That’s why I come here. That and because yelling things out the back door is not as much fun as posting my expert market views here.
    That female is way too hot. Sorry.

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  4. the_wolf

    she’s hot,….. but i still voted for you Professor 😉

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  5. edge

    Get ready folks. No fiscal stimulus no economy. Everyone sees it. Can you say circuit breakers?

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