iBankCoin
Home / Uncategorized (page 38)

Uncategorized

A Point of Clarification

I do one thing well in these markets and that’s trade Nasdaqs. They are my firstborn. I have thousands hours watching them and studying them.

I come here, about daily, and pen how I go about my business.

Working to this end is a passion of mine and something I will never grow tired of. Conversely, I have grown tired of the individual stock. There are too many variables. Executives are weak and often more occupied with their promiscuity then their stupid jobs. I would rather my fate be the result of my own planning and execution.

I need a place to park this hard earned wealth. For a long time I thought it could be positioned in 8-15 stocks to diversify. It turns out I kill every stock I buy. So I will now prescribe to baskets built by others, namely Le Doctor aka Plutonium Petey.

This is a win-win. I have the benefit of Space Alien Magician booklets and I can turn all my attention to what I do best—trading Nasdaqs.

Most of you will never know the sort of temperance one develops going from weeks without pay to making 9k in a few hours.  It takes character.  I like it.

Comments »

MY KIND OF DAY

You didn’t have to do anything fancy today, nothing elaborate, you just had to wake up, buy the morning weakness and go about your merry way.

It is well over 2000 degrees today in Detroit offering my person zero reprieve.

We formed this nice little rounded bottom right on the 4500 century mark. So clean.

Days like this make up for weeks of being rick rolled. Perseverance lads.

My day was simple and I have no desire for more positions. I went out and bought more QLD just as I prescribed yesterday.

If you aren’t already taking advantage of month-end free trials of Exodus do it now you goof—email me [email protected] and I will hook it up.

I intend to take back what’s rightfully mine one Exodus hybrid oversold signal at a time. Ride or die.

Comments »

Stock Killah

You do realize this entire week is contingent upon a positive reaction to Wednesday’s FOMC rate decision right?  It’s that simple, we’re already in wait-and-see mode, perfect conditions for option decay and surprise sex aka hot tub hand grenades.

Like one of my last old pieces of baggage, TRUE, a legacy position I was managing on my way out of the stock picking game.  It was like, “blood in, blood out bitch.”  CHOP, 47% loser.  I had every intention of closing this stock before their scheduled earnings because KORS and SWI weren’t too good to me.

It doesn’t matter.  What matters is time—the most finite resource of all and these big hits steal weeks from me, weeks that I have to toil and scrape back what’s rightfully mine.

Do you have a stock you’d like to see down 15-30%?  Let me know and I’ll go out and buy some shares.  Done.

In other news I bought some QLD this morning.  I left room to buy more and look forward to a nice dose of heat.  Truth be told, my fate is entirely in the hands of headline algos.  Good times.

Comments »

Find Growth Inside Exodus

GARP_sinceMOD
Harness over 20 years of real-world market experience with the GARP Portfolio. The above chart shows the success experienced since the June update.

 

The GARP Index (Growth at A Reasonable Price) always seeks to outperform the major indices while transcending volatility.  It stands as a beacon of success above a sea of rabble rousing noise. Indeud, this is just one of the reasons Exodus Market Intelligence is the premier software for serious investors.

Our remarkable policy of demonstrating excellence in all endeavors means every aspect of the technology is made to improve your decision making process.  The results of this policy have been very good for iBankCoin.  And for Exodus members.  And for you.  Find growth inside Exodus and win!

Comments »

Listen Darling, This Always Happens

oldADDThis is exactly the type of action that occurs right around the time people start swinging for home runs. It sickens me to think about how many times I’ve succumb to greed at swing high.

No more lads, you can keep your exploding can of beans—I hope you fare well. Seriously.

As for me, I’m done. There is nothing redeeming about this tape. Either you were in SNDK last night or you’re losing money, simple equation.

You know what is not losing money? The reasonably priced growth portfolio—15 stocks sent from Mars with direct orders to kill shorts.

Anyhow, 4584 was the downside target. Rose colored sunglasses just hit another in-the-park home run. What does that even mean? It means my model is running like a champ:

07192015_Biasspread

Comments »

The Dreaded Normal Day

My early morning ambition for a pole climb was squelched after filling out the switchboard. One hour into the day and a normal range had already printed. The board has always been part of my daily routine but kept private. No longer shall it be! From the onset, blogging has been an endeavor of transparency.

Ideas are worthless. I can share every tool in my repertoire without the risk of obsolesce because it all comes down to execution. It is a hard lesson taught on a cold day when you break your plan and trade on gut motive.

So goes any action in business. Let observation pique your curiosity, emotion ignite your life fuel, but data drive your decisions.

FINAL OFFER before Fly rescinds my headline position—choose science today. Email your top 3 stock or ETF tickers to [email protected] before you even open your trading platform and I will run them through Exodus to see where the overbought/oversold levels are.

Comments »

Give Me Your Weak

The Fly turned over headline power to yours truly, and I intend to foster the populace during my short stay on top.

Let’s dig into algorithmic stats. Send any 3 stock or ETF tickers to [email protected] and I will ping you back their overbought/oversold levels.

Let the prowess of Exodus judge the potential opportunities ahead. I commend your valor—let it be fortified with data.

 

Comments »

POLE CLIMB INITIATED

poleclimbFATMAN

It might take some love from Apple, but we have all the makings of a pole climb today.  Delta just turned positive.  Let’s see if our bloated markets have what it takes…4640 will be a tricky point to navigate.

Comments »

This Downward Spiral Pleases Me

Did you have a pleasant afternoon?  That was some legit liquidation after the Apple numbers, but as a trader you should fight the urge to jump to conclusions.  The close proximity of two events does not imply causation.  Let that one sink in a bit.

Does lightning cause thunder?  Of course not–both are the result of an electrical discharge.  A more primitive man may cite mystic causes like Thor or Zeus or Raul3 and his gun show.

In my role as a low/medium frequency futures trader, I go out of my way to design systematic methods of establishing contextual ‘grounds’ for causation.  My tools are statistics, market profile anomalies, simple mathematical models, and the Exodus market hybrid score.

Does it matter if a move was news driven?  Absolutely, but by no means does its proximity imply cause.

A touch lower and the RCS has struck again, for glory.

Meanwhile the GARP index was up nearly a percent on the session.  Carry on, nothing to see here.  Leave these works to me and my team of assassin cats.

Comments »

Back in The Saddle Again

Despite my bitter appetite for trading stocks and hardened disposition toward diversification, I have some baggage to manage. SUNE caused a feeding frenzy in solars, for instance, an industry I ambitiously piled into PEAK EURO CRISIS.

Basic materials are literally dead, we don’t need them any longer. Transportation & semiconductors, things that are built using these worthless materials, have opted out of the party over at the Nasdaq.

This is a tech rally lads. I love tech rallies. It makes my mind leap 30-40 years into the future where all the trimmings of The Jetsons lifestyle are commonplace and the world is powered by small blocks of cheese.

The barbarians are killing each other for gold and oil while we tirelessly wean the world off of it.

Rose colored sunglasses, bright star-shaped ones. All the while listening to this bubblegum jive:

Comments »