Lads
The jobs numbers were good. We are in the midst of a soft landing. Nothing can stop the buying.
I wanted to briefly touch upon my life as a trader.
It’s fucking exhausting trying to figure out each and every turn. In recent months, due to my obsessive behavior, I have micro managed my account — doing between 50-100 trades PER DAY with little to show for it. I had ups and I had downs; but at the end of the day — I have my dick in my hand and have been flat.
My quality of life has been ABHORRENT — always out there running about for deals and collapses — throwing dry hay into fires because it’s fun and waiting impatiently for the end of Pax Americana.
The solution (maybe).
LET THE FUCKING QUANT INVEST ON MY BEHALF. After all, it’s my brain just digitized without the emotion. I will turn it over once per week — every monday — and instead of using our 1mo algo I will use the 1 week.
Simple.
To boost my returns and/or protect my account from the ending of Pax Americana, I will employ LEVERAGE to sell short or boost returns with other longs. The idea is to keep a 100% long portfolio at all times and use my instincts on an intraday or overnight scale to outperform even MOAR.
Thus far, I am +2.1% today, as I walked into today with a long panic SOXS position at 22% of my account — and I booked it for a 6% gain.
Presently I have a small 10% hedge in SQQQ and might cut it loose or add to it later on in the day — depending on my mood.
BOTTOM LINE: The economy seems to be doing unbelievably resilient with today’s jobs numbers exceeding expectations. The Fed hikes, and the war, have ZERO effect on the economy — as evidenced by all of the data.
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Time for a vacation, Boss. Have an awesome time. 😉