I was lost in the forest of the market today, stemming from my disinterest. I’ve taken up a new avocation — learning to code. By my math, it will take me the next 13 years of my life, spending roughly two hours per day every day, in order to get good. I will of course learn fast and believe I am good way before I am actually good. But to be actually good at anything, roughly 10,000 hours is required.
I shed 128bps today and I took the position of cold hearted revenge heading into tomorrow. I am LEVERAGED LONG 123% in some of the finest stocks with the intent to skin alive those who chose to bet against me. I realize no one actually bet against me and these are merely figments of my imagination. However, I find it impossible to do anything without steaming directly ahead into an enemy camp.
For the month, I am roughly flat, which is disgraceful juxtaposed against the NADAQ’s +1.7% showing. I find solace in the fact that my Strategic Holdings account is +5% for December and also know that very soon my revenge will be serve extra cold and without mercy.
This sort of jargon really helps motivate me to thrust ahead, especially since it’s all so mundane and pointless — me out here “trading away” in a digital hellscape with the sole purpose of increasing my digital dollars so that one day I can drop dead and leave it all to my children who’ll spend it post haste on stupid things trips, homes, clothes — all of the things I deprived myself of in this life in exchange for toil and self imposed hardships.
GOOD DAY.
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Now you are starting to get it. it’s not good or healthy, just sitting by yourself in front of your monitor, absent of friends and meaningful relationships just for more money. When as you say your kids will just piss it all away.
If I recall, you have two children.
Do neither take any interest in what you do?
No passing the torch to a Fly Jr?
The contemporary, but likely short-term, view is that being a successful trader/gambler (or coder) is a an effective proxy for wisdom. Why we consistently extrapolate this way, and from such shaky foundations, is beyond me. Perhaps my biggest disappointment with capitalism (after the relentless impoverishment of the many) is that it confuses a little skill and a lot of luck with a lot of skill and a little luck.
And frankly – with trading , I do worry sometimes I might just be entertaining myself while staving off the inevitable.
how you are still solvent is similar to how Trump became president.
Indeud … a bit futile:
Ecc 2:18-19 Yea, I hated all my labour which I had taken under the sun: because I should leave it unto the man that shall be after me. And who knoweth whether he shall be a wise man or a fool? yet shall he have rule over all my labour wherein I have laboured, and wherein I have shewed myself wise under the sun. This is also vanity.