iBankCoin
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
23,459 Blog Posts

BUY ALL MORNING DIPS — BY LAW

Good morning Sirs —

It’s important for you to understand a few things about the market. For one, it always likes to go up, eventually. You’ll know it’s in a feverish bull run when themes start emerging. We are not in that type of tape yet — the sort of tape that causes you to trade at 7pm and 4am in your WeBull accounts.

However, and this goes without saying — all morning dips should be bought and hedges closed out. This is exactly what I did today and so far so good.

Inside Stocklabs we measure the returns per stock by the hour and you can see below — for the month of April buying at 10-11am has been a dunk shot. I can also tell you this has been the case all year round.

Now this doesn’t mean we can’t knife the fuck down amidst panic and mayhem. It only means — if you hedged overnight — you should take profits before 10am and wait to see how the market develops.

So far, I am feeling very strong and powerful. My health is good, mood fantastic.

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