I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
3,254 Blog Posts

The art of sitting

Back in 2015 I swore off stock trading.  I keep a screenshot of my brokerage account from that day, a jpeg titled, “the-comeuppance”.  My low-probability options trading scheme had crapped out for a third OPEX in a row, and I was staring at another huge round of losses.

It was affecting my NASDAQ futures trading.  I couldn’t focus on my job—the rapid extraction of NASDAQs from the CME.

I unplugged two monitors that housed 20 different stock charts and returned to a simple 3-screen window to the world, with all three screens focused on different components of the NASDAQ.  In The 48 Laws of Power, this would be akin to concentrating your resources, which is my favorite tactic when working through tough times.

It worked, my futures trading recovered and has improved substantially since then.  Which created a new problem.  I needed a place to stash excess capital that would not burden me emotionally.

It was right around this time that Motif Investing hit my radar.  It was the missing piece for allowing me to use the freakishly powerful tools inside Exodus.  This is when I started building my quant strategy.

And the success of the quant is funny to me.  I put this chart up on the big screen last Tuesday during our Detroit Stocktwits meetup:

And there was no interest about how I achieved these gains. Literally none.

If someone put a chart like that in front of me, I would practically beg them for their intelligence.  But alas, I can only build beautiful watering fountains and lead people to them.  To drink is their choice.

But then I presented my other investment approach, ‘faith-based’ investing, which is wholly absurd, and suddenly everyone was interacting.  Whatever, this is fine.  This is what makes stocks go on epic runs and completely detach from reality.  And faith-based investing is the only means I have come up with for taking advantage of epic stock moves.

Obviously Tesla is my loudest faith-based investment.  I have been on the correct side of speculative history so far with this one.  I sound like a jackass, praising a living human like Levi the tax collector having the hots for Jesus, as told in Mark and Luke’s renditions of the Jesus fairy tale.  Which is fine.  Looking like a jackass is fine.  Making money and appearing intelligent are two entirely different vocations.

But when I did a deep dive into faith-based investing everyone was all ears.  The main reason faith-based investing is working well right now is because we are in a secular bull market.  Still, the tactic helps develop thick skin and immutable conviction.  Remember when everyone was feverishly discussing how Tesla’s bonds where behaving?  That never even raised a single hair on my neck.  Psychological resilience pays big when everyone else is in a state of panic, shaken by a negative news cycle or the cynical peanut galleries of Stocktwits and a certain warm-blooded egg-laying vertebrate that shall not be named.

Regarding this warm blooded egg laying vertebrate—I find faith-based investing is truly put to the test when it is working, and it is working big time for the blue bird.  This ticker, which shall not be written, is experiencing a massive revaluation to the upside.  You have to expect me to be superstitious about such behavior, afraid to jinx it by talking about it too much.  It comes with being a faith-based investor.  Faith and superstition are closely related.

And so are corporations and nations.  All of these things are merely social constructs.  The lines you draw on a map and call borders—those only exist in your brain.  Sure, you can build a structure along it, but eventually nature will consume it.  Either naturally or through the evolution of social constructs in the sapiens brain.

For the next 365 days I will be the age of Jesus.  Therefore you may want to consider interacting with me as you would Jesus.  In fact, you may want to interact with everyone as if they were your Jesus.  Maybe then you would be a better Christian, or Disciple of Elon (Praise!).

And while I have sworn off stock trading, I have not parted with stock investing.  And when you invest, and it starts to work, your biggest enemy is your ego telling you to book the gains and go to cash.  You have to sit.  Gosh darn it, if you have to sequester yourself to an island of darkness to sit put, then DO IT.

You have a plan, you stick to plan.  You have a faith, you stick to faith.  It really is that simple.


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  1. Theo

    Fly little one, fly!


    I’m looking to $120B market cap in 3-5 years. It’s crazy to me that some people can’t see the value of this asset.

    Shorter-term, this whole DIS/CMCSA/FOXA fiasco could really cause some interesting developments. I’d be pretty upset if someone snares our birdie.

    Not sure if you’ve been on the SQ ride also. Hit a new ATH today. The SQ ecosystem is sticky as F for small businesses. Jack is killing it.

    Congratulations on your success.

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  2. dranged

    And honestly, I’ve been in this game for awhile and sometimes it still amazes me how the market moves. I mean, how does the market all of the sudden wake up and decide this is worth 40% more now than 30 days ago with no obvious catalyst other than a couple previously known happenings (media consolidation, world cup and return to growth). Maybe it’s herd mentality, tute accumulation, whatever.

    Whatever it is that allowed some of us to see this value months or years before the market wakes up is one of the last few edges we still have over the machines. You can call it faith-based investing, intuition, experience, whatever. I can’t put my finger on it, but it’s real.

    It’s so real that I rarely even bother doing my own numbers anymore. I consume other peoples’ quant analysis, but focus my time deep thinking about the world and where it’s going.

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  3. Macckkkk


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  4. mad_scientist

    Am I able to use your motif in exodus? Or would you teach it to us if necessary?

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  5. Sam

    Thank Your

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