I’ll give you a little background on my trading success and failures.
I’ve been trading for a long, long time. Although, I’m just 31 years of age; I’ve been invested in stocks since I was 16 years old. Throughout the years, I’ve made loads of spasticly retarded trades, causing great anguish. Luckily, I’ve had far more winners.
One thing, as unbelievable as it seems, repeats itself over and over and over.
I ALWAYS kick ass in the beginning of every new year. The reasoning: I have a heightened focus on what is taking place in the markets. I’m a big believer in “starting new” and setting goals, at the beginning of every new year. I even participate in new year rituals, of the voodoo kind, which I will discuss much much later.
However, as some of you know, by reading my rants over the past two years, I get very cold during the summer months.
Unknowingly, I believe after having great early year success, I get lazy and complacent. Admittedly, after being up 47% by May of last year, I coasted and got my balls lit aflame. If it weren’t for refocusing, I would be down anywhere between 25-40% right now.
As you know, I was uber bullish and had gigantic positions in many speculative stocks, like [[MVIS]], [[ARWR]], [[NTRI]] and [[BWLD]].
However, this time it’s different. I will keep my heightened focus, all year, and try to bang out a triple digit year. I’ll have you know, already, “The Fly’s” personal account is up more than 125%, year to date.
If you want to become a better investor, you need to live in the world of finance, even if it’s not your profession. Read all the newspapers, all of the magazines and stay up to 4am, watching CNBC Asia and Europe, amongst other things.
As for sleep, you’ll get plenty of that shit when you’re dead.
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Didn’t you say in your last post you were up 35% year to date. I swear our making this shit up while your going along.
yeah way to get ur ‘loyal’ readers to bail u out of mvis position
Last year I was up 47% by May, then almost lost it all.
My clients are up, in total, a little more than 35%.
However, with personal money, I am much more aggressive. Therefore, the gains are much more profound.
Fuck you P:
I told everyone in ADVANCE what I planned on doing. Then, when i was selling, the stock was strong. It didn’t take a hit.
About 1 or two weeks after I sold, the stock collapsed.
So fuck you, get your facts straight.
Taking your personal account from $5000 to $11250 is not that hard. A couple lucky options trades will take care of that. Hahaha!
Don’t listen to the first two idiots. We regulars appreciate what you do everyday.
What’s with all of you fucking haters?
Last time I checked, I’ve been minting money for you morons.
fuck those tootsie roll dicks
Fly’s don’t burn on the grill
,
Personally Fly, I think you should give me your account and pin number so I can see for myself. I’ll let y’all other traders here if he’s solid or not yo. that hurts “newequity” I would like to think of myself as a regular. In fact I probably singlehandedly destroy Fly’s bandwidth with all my refreshes. You harass most those you love I always say.
Word is that Charlie G. will be appearing at 3:30 to discuss a three way merger between WMT,CWTR, and C.
Relax…just messing with you. You’re too amped up after closing out those profitable short positions. Relax and enjoy your profits. You’ve been on fire since that bull-rant in December. Nice work.
back down below 1300 on the s&p
I’d reload that SRS shortly … the commercial re bust is just getting started . I’d expect to see 145-150 no prob this year.
Down we go. SMN looks sweet.
New term for Danny’s dictionary:
“Refocus”
(verb, transitive): To finally capitulate and accept the sage advice, and/or nagging of Woodshedder, Jake and Juice.
True. I am nothing without Woodshedder, Jake and Juice.
Sounds like a fucking banjo playing Southern band.
how can i be a fly client
I do not accept any form of internet money. Not only is it filthy, it conflicts with my desire to rant all day online.
More sage advice:
Trade less. If you feel you need to “harvest” a tending position, sell calls to milk the cow.
Fxp has been a full dairy operation for me, to cite an example.
I’m thinking of coming out with a sharp cheddar varietal “Double fukked sharpei. “
Profit or no profit you run a hell of a site. You can lead these morons to water but get them too close and they’ll drown
Time for Leave it to Beaver on TVLAND-much better than CNBC.
“Ward, I think you were pretty rough on the beaver today”
– Mrs. June Cleaver
I would rather watch Eddie Haskell than Henry Waxman.
Boom, this is a very difficult time for you. Others have been there with you. Marty is giving you good advice – take small positions and run the bases. I also want to add, take the safer bets. Tuco aka Gunners is going to be a good source of advice for shorting REITS. Your theme is to look for limited downside. I prefer the MAC and the SKT over SRS, which is like a fucking wounded snake, and you don’t know which hedge swine will need to liquidate his winning positions. Additionally, the retails are not going to melt up today, or anytime soon. SHLD is a bad retail and bad real estate play, all in one. I say these things reluctantly, as I remember looking forward to getting my glove and pigsikns at Sears, my fishing gear.. In fact I hate shorting them.. but that is life now. One more thing, roll into these things slowly, 100 shares at a time, there is plenty of downside left to make that a big position later.
Ask the great Saint of the Miracles, Anthony, to intercede. And buy a little CPTC – they can give you back much of your money without a big investment. Do not go whole hog though.
You may remember me as the handsome, Harvard Business School educated, African American asset manager who was a regular on the PBS TV program, “Wall Street Week with Louis Rukeyser.”
I figured out a great way to make money. Basically, at the end of the day when I told my prime how to allocate the trades between the accounts I managed, I gave most of the winners to my personal account and put the losers in the clients managed accounts.
After my clients found out, they didn’t like it so much. They went so far as to call it fraud. Unfortunately, the prosecuting attorney agreed. After hearing the evidence, the jurors took a full hour before coming back with a guilty verdict. Fuckers.
I was once a high profile money manager and TV personality. Now I’m a very bad man’s boyfriend sitting in jail.
http://query.nytimes.com/gst/fullpage.html?res=9C00EFD8113DF932A25755C0A9649C8B63
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