When I was walking my dog earlier I thought about a great thing.
“Why don’t I just buy 20 stocks and lever up in an effort to book micro gains and go green for the session?”
After picking up shit for two moronic life forms, I went to work at my “turret.” I had a grande time, shifting from one stock to the next. About an hour or two in and my plan was working. I had reduced my 1.75% loss to just 20bps and it stood there staring at me for an hour. Meanwhile, I was trading really fast, in and out — micro gains. I took 0.3% here and 0.9% there. On occasion I booked a monster winner for 3%. And then it happened. I went green. I stared at it like a proud father presiding over his son’s college graduation, a little teary eyed.
Did I in fact crack some sort of autistic code to assured gains?
Answer: no
It took all but one minute for me to stumble into catastrophe, bogged down in KOSS for 8%, as the short squeeze meme stocks laddered lower. I then decided to remove my margin and raise cash to 22% and call it quits.
In total, I booked about 150 trades and am exactly where I started the day, -100bps.
At the same time, my YOLO account, which takes 1 trade per day, is up 145bps.
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Not a bad life. But I rescued two children from a burning building.