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
23,434 Blog Posts

Update on My Fucking Swing Trading Account

One of the biggest complaints I’ve heard about my trading the past 3 years is that I’m too fast, one moment short the next long — a chaotic blend of madness and genius that somehow produces outsized results. It never used to be this way, as I made my way through Wall Street building positions and excelling in core thesis ideas and swing trading.

Lucky for you, several months ago I decided to try my hand at swing trading account, defined as long/short portfolio with holding periods longer than 1 week. I might do 2 or 3 trades per week — nothing exceptional.

This account I speak of is now +27% the past few months and has no intention of heading lower any time soon. I am so impressed with it, I am actually mad at myself for beating the shit out of my trading account — most likely due to an undiagnosed mental ailment.

Above is the chart of my performance in that account and some recent trades. I tell you these things, as a public service. After all, if I don’t tell you these things — how would you ever know and how would I ever build the ranks of Stocklabs?

Yes, the basic level of services is privy to my portfolios and picks, so stop emailing me.

Heading into tomorrow, I am fully long without hedges. I somehow blew an early +65bps gain and closed flat. I am not really focused at the moment — but will be getting as serious as a fucking heart attack as soon as 2024 rings in.

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