I opened the day with 250bps losses and hemmed them a bit, shutting it down 1.7%. Not a horrendous day — but I should’ve been up. I traded fat and sloppy — really sad. Typically I get a morning run that cements my day. If down by 11am, I am fucked until late day. Today we saw security stocks like FEYE and CRWD jump the fuck higher. I traded MCFE successfully — because America is open season for hackers and everyone gets a piece of the action. BIG TECH loves it and makes endless streams of cash from inept government agencies who are too fucking stupid to protect themselves from slavic retards coding from their local Borscht takeout cafes.
My Quant was up 125bps, so I was a winner in a sense. Plus in my long term portfolio, I own TSLA and other shit moving up. I made 75bps there too. The point is, you need money to make money. We all know that. I am still a piker amongst kings — but I’ve carved my way slowly and methodically. If young or without coin, my best advice, as if you were a friend, would be to add money into the market every month like paying a bill. Get a long term portfolio and buy them and build your account over the next 2-3 years. When you have $25k-50k, you can begin trading — but not before. I do not recommend people trade with accounts less than $50k. And, most importantly, if that $50k is your net worth — DO NOT TRADE IT. Compound those returns over time and although you might not live long enough to enjoy the fruits of your everlasting labor — hopefully your rotten kids or grandkids could — and they could, perhaps, provide their loved one’s with a lifestyle built off your legacy. Sounds incredibly selfless — because it is.
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