I bulked up heavily on GUSH with a large UVIX hedge and own some BOIL. With 55% cash and losses of 6% for September, I am bound to close out the month an extreme loser. I can succor myself with facts on the table, such as “this has been a terrible month for stocks” and how I outperformed the broader indices. HOWEVER, my benchmark isn’t the broader indices and I should have done better, especially since I expected a September collapse and talked about it forever.
I can blame my week off for COVID and how I shed nearly 10% off the highs due to COVID brain trading. BUT, today’s -2.85% was all me. I longed into today like an absolute pavement ape.
I’ve had many periods of sucking wind and it’s never easy to trade in chop. I am emboldened by the fact that I always make it out the other end fine. Eventually there will be a tape that is custom built for me or I will see something other’s don’t or can’t and propel back to annual highs.
For the year I am +42%, so it’s not all doom and gloom.
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Voila.
Re Test. Re Test. Re Test. Top Gone
Fuck Apple
and Fuck Japan
@WatcherGuru
?? Philippine Central Bank says #stablecoins have the potential to “revolutionize both domestic and cross-border payments.”
$META (Facebook) freezes hiring and warns employees of restructuring.
Fauci Net Worth Soared 66% During Pandemic
Doing well while doing evil
@DoombergT
Damage done to the Nord Stream pipelines irreversibly condemns Europe to an incredibly tough winter and stokes tensions of nuclear war.