Very Bogged on this Final Day of April

I gave it the olde college try lads. I went out there patient and waited for my fortunes to improve, only to instead become bedraggled with losses, now sitting at down 195bps for the session.

I had it all planned out. I could see it happening inside of my head, me heading out into the marketplace gallant and brave, making trades like the wind and bringing home the bacon very pleased with myself. When in squalls like this, down 7% from my recourd highs, I often think “is this it, am I over?” I am aware of the fact that I’ve had a good run but like all things it will end one day and whatever magical touch I had to bank coin will one day be lost. It’ll be like watching old Babe Ruth on the Braves striking out, having young punks run to first base in his stead.

I haven’t shorted into today’s tape because if I did and if I was wrong, I’d never be able to reverse my losses and that would cement April a loser for me. But during the recent small spike we enjoyed intraday, I sold many of my securities, raising cash to 58%. I could go out there again and give it the olde college try, but that would be akin to taking freshly printed money and tossing it into a lit fireplace.

As much as it pains me to say, this is not my day and it hasn’t been my month and I might in fact be over, never to trade well enough to get to recourd highs again. Who knows?! Either way, we had good times and it was a heck of a run.