SIRS

I stand before you a most victorious man. I haven’t traded for many hours, mostly because I don’t need to anymore. I am +3.2%, after executing innumerable trades which worked to my advantage. I have taken from the market what I felt like taking, knowing that I could, if I wanted to, take much more.

One mustn’t be too greedy, lest the stock Gods might frown upon you and strike you down with a margin call or two.

I only have one margin position now, which is SLGG. I do believe it can run, which is why I am long. But I also do believe that it has the potential to tank. Either way, my position size is small at 5%.

Month to date and year to date, I am +14.3% — and I have achieved these returns in the most genteel and fashionable way possible.