Buy & Hold

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Synonymous with buy and get lit the fuck up!  This fucking market is not amiable to even swing traders.  You just don’t know what will happen next.  From today forward I am in and out of trades in a matter of hours if not minutes.  My weekly call options in $MET (don’t fucking ask) & $FB (likewise) show little promise, although as we speak $FB is raging higher.  I also have some $GOOG, which could still be profitable if it wakes up, which it could (or not).  The trades were relatively small and I may end up at break even or perhaps a small gain (not on $MET) but I have been holding these fuckers since last week and the mental anguish is not worth break even.  Before anyone gets smart, I know Buy & Hold vs. Options (especially weeklies) is not exactly an apples to apples conversation.  My fucking point is that even owning stocks outright for extended periods of time for a TRADER does not work considering the opportunity cost.  Until I see some real strength come back into these markets I will be 100% cash by EOD!

One Response to “Buy & Hold”

  1. Man $FB is fucking on fire. I am actually up now. Barrons put a fucking bottom in. Bet they are buying with both fists now! LMFAO!

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