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
20,868 Blog Posts

LOSSES ARE GOOD FOR YOUR SOUL

It permits you to remember who you are. You cannot go throughout life winning all the time — then you have no point of reference. A man needs grounding to be happy and today’s losses will serve as that reference point.

I am sorry to say, however, I shall not be participating in your losses, in spite of being down 80bps at the moment. I executed masterful trades this morning, +22% in this, +10% in that — but my good work has since melted away like a candle inside of a pizza oven. I am not concerned, as you know, since I am well equipped to handle the pangs of misery and TITANIC styled market crashes. My middle name happens to be Calamity.

There is nothing I cannot handle and I shall be up by 4pm.

Presently, I stand before you at 66.6% cash — because numbers are fun and magical. I will be re-entering the market with trades after lunch, or at my earliest convenience.

Until then, enjoy the view.

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12 comments

  1. mad marsupial

    Incredible soundtrack.

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  2. tradercaddy

    Three good war movies the last few years:
    Dunkirk, Darkest Hour (Churchill), and They Shall Not Grow Old (WW 1 Documentary).

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  3. emersonlakepalmer
    emersonlakepalmer

    The German Prisoner by James Hanley is a very good, but disturbing book about trench warfare in WW I. Read a book, turn off the tube.

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  4. purdy

    If market rests here, CRM set-up to go down $30. Stop $5 north.

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  5. purdy

    Re war films: They’re apparently working on a feature film about Hannibal. Bout time. …elephants …Alps ..Romans …and it all actually happened.

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  6. heckler

    All my solar and EV calls have been sold, what a rally! I’ve decided to take a rest, if you will, now that all the coup jitters have subsided. Manic and panic buying only last so long dumb dumb.

    I might watch The Fog of War, I have heard good things from Fly himself

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    • purdy

      Enjoy, as long as you’re aware of the fact that all films about recent history are fictionalized …purged of all content that does not fit the approved narrative.

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  7. heckler

    BTC looks like a heavy bag I would want to buy for glory around $26-$28k you fags

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  8. DaJuice

    Fly, are you including crypto in your new Stocklabs?

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