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
21,399 Blog Posts

A Fine Ramp

After 3pm we had a dip but that dip was sopped up and we ramped into the close, cementing today as a great day for MOMO traders. There was, however, discernible weakness in small caps — causing me to hedge against the Russell while positioning for tomorrow in an array of larger capped stocks from all industries.

I am purposely eschewing riskier investments in favor of high win rate bets, presently +4.3% for October. If I could double said gains I will be happy. While some of the people/traders/misfits inside Stocklabs made 10% today alone, I view those returns as rather ribald and prefer a more austere mode of investment — one designed to adhere to traditional money management methods.

While the lambo driving FIN-TWIT cognoscenti continues to diamond hand their investments into assured destruction, “The Fly” plods along steadily increasing his wealth in a classic tortoise vs hare race towards victory.

If you enjoy the content at iBankCoin, please follow us on Twitter


  1. Mr. Cain Thaler

    You best all be running home, boys. What comes next is man’s work.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. edge

    BTC about to go mainstream with a futures based ETF.
    Papers filed, SEC silent. If the SEC doesn’t reject the filing by Monday it’s a deal.

    • 0
    • 0
    • 0 Deem this to be "Fake News"