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I was out of pocket most of the day and it cost me about 180bps. I was down 120bps at the open and was not able to access my fucking phone until after 10am and was then entreated with losses of 300bps. When I got back, I was only able to trade for 45mins, so I made a variety of trades, mostly meme stocks, and like a lunatic held them — closing out the day -185bps. I could’ve, in fact, traded back to green without a doubt. I am positively locked in and nothing can stop me from manifesting my destiny.

For those curious about Stocklabs — we have a YouTube channel up where my CUSTOMER SUCCESS REP uploads his Zoom calls. Free free to peruse.

For the week, I was up 6%, pressing YTD gains to 225%.

I am off to a magnificent week, slightly tarred by a pre-market drubbing in APTO however. Alas the virtues of position sizing reveals itself once again. Had I been overzealous in the name and collected more shares, my morning would be inexorably worse off. As it stands, down 28%, I am off just 120bps pre market. Overall, I am +16% for the month and am quite pleased with this pastoral gentleman’s view.

I will be out of pocket today, not that any of you fucks care, as my daughter is graduating high school today. It is a fine day to trade, so enjoy yourselves in my stead. Please try to make as much as you can without exerting much effort, in the God’s favorite sport of speculation.

Up 125bps now after trading in and out of several hot biotechs. It was a slow start, down 40bps and then flat and now we are cooking with grease. I find, at least in this market, nothing is able to stop me from making money. My methods are repeatable and I rarely deviate.

I take 5% position and usually cut losses at 4%, 10% max. My gains are usually around 3-10% and I depend on the quantity of gains vs the size of them. I never ever trade options and I rarely do anything to risk the franchise. I view my trades like I did girlfiends in high school — expendable. While it’s nice to see TSLA maxis boast of their gains, I am smart enough to understand I do not have patience of buy and hold and I also know finding monster winners like that is rare.

I was up more than 400% last year and +231% as of right now for 2021. I see no reason to change and one thing I’ve learned the past two years is there is far easier and quick money to be made day trading than swing or buy and hold.

No collapse today. Here is the breadth breakdown in the market, via Stocklabs. Too strong in big caps to see any tangible drop in markets today. I sold my TZA and reshuffled again, down about 35bps for the day.

My daughter is graduating HS tomorrow, so I will be out of pocket. I cannot believe where the years went and I know it’s cliche to say that but fuck. I sometimes wish I could make them all (my 3 kids) little again — keep them about 8 years old forever. Life was better then — but that’s just me being selfish. Going forward, as my kids grow older, I will try my best to empower them and help them into adulthood; but as you know, life has a way of being the ultimate teacher, so sometimes the best help is to leave them alone. My entire life has been about raising my family and trying to give them a better life, better than what I had, and to raise happy children who could thrive in the world. This is a lot harder than it sounds due to all of the variables. Sometimes when you bottle them up and keep them in a bubble, it works the opposite of what you intended, so there has to be a balance. Either way, I am both sad and excited to see her graduate, as it marks an end of an era and beginning of a new one where she will be traveling far away to college to pursue her dreams.

As for the market, trading slow as molasses dripping off a summer table in the middle of a corn field in July.

I was distracted all day but still managed to trade to a gain of 1.2%. I am somewhat bearish on tomorrow’s open and hedged with TZA, XLU and VXX.

The idea that we can freely escape the pangs of GME-DOGE cabal is laughable. Cum Rockets to your face — the Safemoon isn’t really safe. BEHOLD as we descend into hell and cycle fastidiously into the fires of summer.

We are all enjoying the splendor of the market again, reminiscent of a time and place when CHAMATH would post his returns on Twitter in between half naked photos of himself displaying his very weak and malformed legs. Those were the halcyon days of the market, late 2020, early 2021, when we all took to the market with great alacrity and made the short sellers cut off their own genitals. We’d walk into the office both proud and rich, fat from the gains enjoyed in the stock exchange. Whenever things went down, we laughed and bought more.

Then the rally become ribald in nature and the GME-DOGE losers ruined it all for everyone — mocking the stock Gods with their profane actions. Ever since then the market has been in disarray, until the past two weeks where we have once again enjoyed a respite and gains on a scale nothing short of industrial. Alas, all good things end and bad things continue eternally. Like we saw in 2014, when the great tech collapse nearly cut off my own genitalia, we are bouncing now and hard but it will be short lived and once it ends, providing you are still long CHAMATH styled stocks, you will rue the day your Mother conceived you.

Heed my advice now and forever be grateful, milk this rally to the best of your abilities and be gone at the first sign of trouble, for when it ends it will end for the balance of 2021.

In August of last year I took a sum of $100k and dedicated it towards trading only with Stocklabs tools. This entailed eschewing any semblance of technical analysis, relying solely on our mean reversion and more importantly volume tools. My trading changed drastically, preferring day trading over swing trading. At first users inside SL were taken aback by the sheer volume of trades and flip floppe characteristics of this trading pattern.

Ten months later I can show you what people inside SL see every day, my portfolio laid bare for users to shadow or analyze, 5x since inception, +222% YTD. Rules are simple: 5% sized position, keep losses under 10%, preferably at -4%, and only trade stocks and apply leverage when needed (rare).

Is it the platform or me?

I have always been good — but not this good. Best way to describe SL is it takes my already potent talents and places it on steroids boosted by fucking rockets. Nothing escapes me and my trading is more prolific than ever. I cannot see a scenario where Stocklabs cannot improve your trading. This is both a sales pitch and testimonial — because I am more of a trader than a businessman and can only tell you of my experiences as I document my trading career live on iBC.

So many things popping off I have little specific advice for you other than to pay attention to the stocks trending on Reddit and those with heavily shorted small floats. We have palpable short squeezes taking place now and the momentum is severely against those who think stocks will go lower.

The idea that WEN is now a meme stock is somewhat hilarious, but makes sense.

I can hardly position myself with utmost confidence now since of course all that you see before you is shit. The crypto market has been up-ended and I need to point out cryptos are in crisis mode, as the Gods punish the likes of Max Fucking Keiser severely for being cringe. I hate everything about the people who shill for BTC — but of course like the concept of ETH and the COCKCHAIN.

Into the closing hours, expect more squeezes. I am keeping cash upwards of 70% as I meander in and out of short squeezes for short term gains — which stand at +400bps now.

It’s happening. Shares of WEN have finally joined the meme stock parade of extremest winners +12% on a fever that is infecting just about all stocks heavily shorted. GME is touching down on $330 again — $AMC $60 and today’s big winner is CLOV — +65%. The common thread in all these is % of shares sold short in excess of 15%.

You can do some scans on your own but I will tell you your screens will not be as good as Stocklabs. Presently, I am up nearly 300bps, playing stocks like VLDR, RMO, WKHS and KODK — just to name a few. I don’t know when this ends — but I know it’s stupid. Deep down, you’re all just really dumb and stupid, vapid boozehounds in search of a glimmer of hope. Why not partake in wanton degeneracy? Take 5% of your assets and buy a stock with it. Play the game until you stop winning.

I can tell you without pause that trading is as important to me as anything in my life, save my family. It offers me a puzzle each and every day to attempt to solve and I am blessed with a great community of traders who have the same goals. If you’re doing it on your own — you’re doing it wrong.

I was having a splendid day, trading magnificently, in and out with a restless normality commiserate with a person accustomed to gains largess. But then Mom Fly entered the fray, as she is visiting me for a period of 25 days. I could not escape the lectures and the incessant chatter and soon begun to trade desperately and then stupidly. At the apex of my meltdown, I doubled down in HOTH and booked a loss in it at -5% only to bear witness to an incredible spectacle as it sashayed higher with the greatest alacrity, halted trading for upside chicanery, higher by 30% on a contract news item.

My trading was thereby cursed for the balance of the day, as I registered 110 trades on a day that I only needed a few. I walked away +67bps, down 130bps from session highs, morbidly depressed and angered by my lack of presence in this tape, one custom designed for my market hand. We had great movements and volatility in a variety of industries and I only managed a pedestrian gain. Even worse, I closed out the session on full tilt, nearly fully invested into the blades of what will sure be a sharp downside reversal — since my trading is both now cursed and harangued by Mother Fly.

On the brighter side of things, I am on pace to gain 30% for June, presently and obnoxiously +8.6% MTD.