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
23,433 Blog Posts

STOMPED TO SHIT IN THE TALL GRASS

About Mid-afternoon I was feeling my oats, fully in control and boastful of being a war market general — easily navigating the waters — taking bounty at my leisure — resting scornfully in the tall grass.

In the final hour of trade, however, my fortunes reversed in what I can only describe in a retarded way.

The move higher was predictable, any person not lying in the tall grass in search of prey saw it coming. I kept my $UVIX and $SQQQ, mostly because I too was retarded, and attempted to cosmetically shift away from that carnage by leveraging up long into an array of stocks — frantically buying anything I could get my paws on. The easiest coarse of action, and I knew this as I follied, would by to close out the shorts and book the gains. Instead of that, I have losses of $15k and climbing in them. Overall, I shed just 20bps — giving up session high gains of 60bps in the process of resting easily and calmly looking for collapse. In the midst of all that, a giant homosexual elephant snuck up from behind and stomped out my lion’s teeth.

At the present, I am still fighting the gay elephant and hope to have better news tomorrow, as I am fixed in a morass of idiocy — flat for the week and flat for October.

It always goes this way, especially when emotional about a trade — the dreadful imposition of ego commingled into the job of following direction. Hitherto, I had been in control and possessed a clear vision of the future. But right now, I’m trapped in a jungle fending off flamboyant elephants and feces throwing gorillas with bananas in tow.

Pray for Fly.

If you enjoy the content at iBankCoin, please follow us on Twitter

One comment

  1. flea

    “The move higher was predictable, any person not lying in the tall grass in search of prey saw it coming”

    ROFLMFAO.

    • 0
    • 0
    • 0 Deem this to be "Fake News"