I just got done booking a massive loss from another earnings blow up over at SWI and I figured, you know what? Screw KORS too. I’m done with this gaudy shit, sold.
I am so completely disgusted with my stock/option trading process I could vom across the room Poltergeist style. I performed a little exercise this morning, something to keep me from hulk slamming my monitors. I went through every trade I’ve taken over the last 12 months.
LOL
I’ve given my brokers enough cash via commissions to buy a 2003 Honda Accord with 75k on the odometer in great shape. Whilst churning my book to and fro, I’ve managed to scrape out over 15% in losses. Done.
I’m turning over a new leaf. I cannot be trusted as an operator of stocks. Instead I will be the lazy man I was destined to be.
I am becoming an investor.
Developing…
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Start with HTZ
no way, but good on ya if you’re reaping the benefits of today’s gap up
I literally lol’d in my office at the Honda comment.
good I’m glad
And KHC
nice one
We had purchase GOOGL 18 months
ago and we waited and waited and
today our ship came .We did the same
with PGH an I’m afraid it will never
come in.Hard to know
exactly Gorby, I have big ideas, stay tuned
nice work on GOOGL BTW
Your futures analysis each morning is a must read, when a hypo starts shaping up and I participate, it usually ends well. No stock trading needed on those days.
yeah I’m still going to trade the futes MBull, glad to have you reading along
I think traders are born not made. Despite working on it for 20 years I would say I have streaks of good luck with break even to slightly losing the rest of the time. Add it all up and it’s a wash.
My wife on the other hand with no formal training kills it most of the time.
ditto on the wife’s plays $M(she likes the store) $ulta(she like that stuff) $sbux(she is addicted) all multi year holds..no over thinking,,just did it and sat
Considering only trading other markets and the indexes. QE turned the tape into a massive pump and dump scam. Only the indexes and massive megacaps still rise from the printing presses. IPOs are criminally overpriced and bull trends do not exist except(once again) in the indexes and massive megacaps. Seriously considering commodities, bonds, and the scam only as trading vehicles. One question tho. “Invest in what? The only thing rising is the tape itself. And the hot industry names are massively extended based on any past price action example. There are few if any 80’s type investing opps out there. The IPOs come valued so high it is impossible.
The megacaps are working because they have become the indexes.
They might as well call it the SPY 50. And that could be generous.
I’m outsourcing the bulk of my investment research going forward, 6 month time frame, targeting growth at a reasonable price, and devising a sizing mechanism based upon the hybrid OS, the RCS, and the OhS triggers.