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
23,419 Blog Posts

House Fly Undergoes a Most Unfortunate Event

For those who read me for a long time know that I barely sleep. I sustain myself on 2-3hrs rest per night, as I enjoy the night owl life and all that comes with it. Yesterday I ventured off to buy myself a new HORSE HAIR mattress — because this memory foam shit I have now is utterly ridiculous and is killing me. While at the store, I ventured upon a nice pillow and I bought it. Last night I went to sleep on said pillow and it was so comfy — it caused me to oversleep. In the pre-market I was up 5% and because of this fucking pillow — when I awoke at 10am, I was barely up 75bps.

The thing to do in circumstances like this is to sell everything, so I did. I locked in the gains, punched my pillow in the face, and continued to jog on with the intent of getting it all back.

As of now, after a series of brilliant buys, I am +3% for the session. For the year, my gains exceed 85%.

Those are my gains in comparison to my other long term account — not even close eh? How am I doing it? I day trade very often, 50+ trades per day, and never hold onto losers. I will often cull anything that is down and I rarely hold stocks longer than a few days. I take gains just as fast and really depend upon Stocklabs to give me volume breakouts (it’s coming soon, I promise). My position sizes are always 5% and I rarely fully invest. My trades are constant and I am always moving. This process is highlighted in our live trading room in real time, Exodus. I am not the only one crushing and some are doing better than me. However, when this shit-show ends, and it most certainly will, I can assure you that I will play the downside with effortless sublimity.

I like small cap oil, Chinese burritos, and anything with momentum near session highs right now.

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18 comments

  1. edge

    CAN (Chinese burrito) coiling up at around 6 bucks.

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  2. heckler

    Surprised you didn’t buy a my pillow from Mr Pillow man

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  3. edge

    CYCC

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  4. edge

    Cycc running

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  5. edge

    CYCC heavy volume. It’s on the radar.

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  6. tradercaddy

    You are like the mole in “Wack-A-Mole.”
    Always moving to evade the hammer.

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  7. helen

    Now you’ve peaked my interest. What’s the brand name of the pillow? Leaking 4.25% is nothing compared to few more hours of sleep.
    Avocado mattress is the best!

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  8. edge

    Money moving into most heavily shorted small biotechs. Might hold over the weekend. Depending on what happens between now and 4.

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  9. soupbone

    Horse hair you gotta be kidding. I slept many summer nights on older than fuck horse hair mattresses. They’re gone now. There were feather ones too, way more comfy but huge allergy triggers. The shack never changed hands since it was built in 1867.

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  10. flyaway17

    People with day jobs cant trade like that but this is your livelihood. Sounds like something I could focus on in retirement but who wants to be glued to a monitor all day?

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    • tradercaddy

      You are correct.
      I am retired and at least for me, I couldn’t imagine wasting whatever life I have left sitting in front of a computer all day. I had a Judge tell me once that a shroud does not have pockets.
      I play tennis 4 days a week with a a group, sometimes 5.
      I go for daytime bike rides or go for a swim.
      Sometimes I play pickleball or go fishing or go to the beach.
      I visit the Grandkids in NYC (pre-Covid) or on the West Coast and we do some traveling and take some hikes.
      I also am a project manager for some 200+ folks every year for a about 3 months in an annual temporary job.
      To spend your retirement in front of a monitor means you probably have a gambling addiction or are desperate for money you should have saved while working.
      I can’t imagine not enjoying life while retired.

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  11. barbee

    Glad the new pillow worked. HAGW 🙂

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  12. irma vep

    One short sleeper to another, NAME THE PILLOW! Please!

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  13. mad marsupial

    Jack Daniels makes the best pillow on the planet.

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