We opened strong and then quickly collapsed into quick sand and now no one believes anything. I was tricked into covering my shorts, going long biotech, only to quickly lose 6.5% on the trade, fucking myself right back into shorts and down 1.7% for good measure.
How did I manage this?
Hope.
Now I’m tentative because deep down I still have hope, clinging onto a triple sized position in WCLD thinking todays the day we bounce.
After all, what better way to celebrate Insurrection Day than to have a nice rally?
Nevertheless, I’m presently net short hating life.
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Hope is not a strategy. Tea leaves?