You should’ve seen me out there — glistening in the sun — trading like the wind with strong strides and powerful motions. People would get in my way and I’d decapitate them with one single blow. I had been up in a FULLY LONG book 1.35% at session highs. Earlier in the day I felt the market would collapse; but then changed my mind and bought everything.
My plan worked in a dreamy state and I boasted and bragged about my good fortune at all of my enemies, who are also my subscribers, inside Stocklabs. They were besides themselves in rage, or at least that’s what I wanted to believe. My winning was hurtful to them and when markets started to cascade lower in the final hour, I noticed they felt better. My fortunes soured — gains decreasing to just +54bps by the close.
My response to this selling was more buying, in spite of really hating stocks and all of the pomp around them. And then I had a vision, a rather dark and dreary one, that had me buried in a shallow grave and all of my subscribers laughing at me as they urinated on my cardboard headstone.
So I bought a mammoth $FAZ position to hedge. I now feel better — but know I am 136% leveraged in an array of high risk stocks and one singular hedge that would require a banking collapse to offset any substantial drawdown in stocks tomorrow.
I place myself, hitherto, at the mercy of the Gods.
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Grandifolous post
Along side the humongous banks and brokers, you are helping. But alas, it will end in tears.