What a tumultuous week. Over the weekend I had visions of grande wins, followed up by an even greater feeling of equanimity. Instead, I got whipsawed and a good friend of mine died from alcoholism. His organs failed and he died with his mother by his bedside. I haven’t seen him in 9 years but I felt like we were still close — shared memories and ballgames from another lifetime. Casual drinking is often celebrated as something to do — because Gatsby parties and good times and all of the fine things that go with it. Truth is, it’s a bad trade, lest you do it infrequently and for the right reasons. As an adult, if you’re still drinking to get drunk — consider a different stimulant to pass the time — such as caffeine.
The past three years have been incredibly painful for me, losing people that I loved. I tend to believe we all peak at different ages, some of us in high school, others much older. We all have passions and a fire that keeps our energy high and motives pure. But when disappointment settles in and time slows down — too many people spiritually give up.
I fight the black dog just like many of you. Strong thinkers tend to sulk about things and create almost a fog in the way they see things. For me, this is physically true. I see thru a narrow fog, beard grows, and I become engrossed in a deep sense of dread. But I am resilient and snap out of it — working, gym, trading, tennis, reading, iBankCoin, etc.
As for markets, I made +240bps for the session, closed at 21% cash, bullish for Monday.If you enjoy the content at iBankCoin, please follow us on Twitter