What if that stock that I bought today gets bought out tomorrow, or over the weekend? What if Warren Buffett takes a stake, or better yet Carl Icahn?
What if I leverage my assets and nail the next move? What if I get that big client and what if I decide to sell my business and travel like Dubz for the next 10 years?
What if I pick the next NFLX, AMZN or GOOG and actually hold it instead of taking a quick profit? What if Seeking Alpha decides to write an article about one of my big positions? What if I get the right stock, but at the wrong time? When should I average down, or should I just sell it and move on?
What if I sell at the exact bottom?
What if I could time it right and sell at the exact top? Will I buy it back cheaper or move on?
What if I could double my gains and double my income? What would I do with the extra money?
What if the market tops? What if 2008 happens again? What should I short?
When is a good time to buy a winner? Why do I let valuation get in the way of buying a winner? Since when did it ever matter?
What if my winner misses earnings and I give back all of my gains? What if the FDA says no?
What if I buy calls on that stock I’ve been eyeing and they smash earnings? What will I buy after I take profits?
Should I spend more money on the house, another car, or use it for travel?
Why don’t I just reinvest it and make more?
Why am I so greedy?
These are just some of the questions I ask myself, every single day, when trading.
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What if BIGGIE was still alive?
What if OBAMA was white?
What if i am predetermined to write this? What if it is destiny? what if Free Will(y) is more than just a movie about a whale? What if this is a dream? What if life is a dream? What if we are all one person living simultaneously, but only conscious of one life per lifetime and when we die, we become aware of another life at a different time which may even interact with our “self” that we were conscious of before?
What if life is a random accident and material only? What if there are 11 dimensions? What if God exists? What if we are all gods to our own cells which are gods to their atoms? What if each atom is a universe, and each universe is an atom that resonate with each other? What if we are just God’s dream… what happens to us when he wakes up?
What if the stock market is a practical joke and when you go to get your money back the cameras come in and they go “gotcha”?
And to further infuriate matters, the whole while Mrs. Fly thinks you’re just staring idly at squiggly lines while calmly sipping your Earl Gray.
+1 post Fly….says it all
Thoughtful post, Fly. Thanks for writing tonight.
You’re a complex individual, good doctor
Since when did it matter? Nice.
*ever. Fucked that up.
http://www.youtube.com/watch?v=L6mKUNs1Y3Y
brilliant
Beautiful
Best post ever!
What if Fly get it wrong this time? What if Fly is big enough for pump and dump? What if Fly get it right and I miss the band wagon? These are some of the questions I ask myself every time Fly makes a trade, on top of the questions Fly asks himself…
“What if I pick the next NFLX, AMZN or GOOG and actually hold it instead of taking a quick profit? ”
That nails it. Your ability to pick the next winner is unreal but you always sell too soon.
What if philosophy by the Fly became a mandated course in order to access IBC?
“Do you know that “IF” is the middle word in life?
Dennis Hopper – Apocalypse Now
Talking Heads – “Once in a Lifetime”
Euro getting hit vs the greenback tonight. With our clams supposedly walking away from dealing may be the eurotrash go cocaine party? Total worthless speculation but the EUO looks ready anyway.
I have been silent out of protest. SPX topped out at 1755ish and all of this above it has been beyond crazy. But, like What If, I have been wrong and that the global economy is in fact better and this level is justified…..and that is not all just cocaine driven central banks and China isn’t just one huge mess with massive Copper Stockpiles used to finance junk loans……..We will see….
Futures putting up the good fight to open green. Fast Money veteran called for it. Looks right so far but barely.
Excerpt from the article linked below:
“It turns out that for all their diversity, the strikingly successful groups in America today share three traits that, together, propel success. The first is a superiority complex — a deep-seated belief in their exceptionality. The second appears to be the opposite — insecurity, a feeling that you or what you’ve done is not good enough. The third is impulse control.”
http://www.nytimes.com/2014/01/26/opinion/sunday/what-drives-success.html?_r=1
Really great post! This is truly “Trader Psyche”! Everyone has the same thoughts; I’ve just never seem them spelled out!
I’m gonna print this out and hang it next to my sentiment chart
Add a chipper melody with banjo and flute, great kids song about Trading and Failure
Ok kids, pick up your margin hats and let’s learn about…. Greeeedddd
I thought this was my own inner dialogue.
what if futures are up 0.5% ( instead of down – panic blood mode )
Very existential
Freebie, he is riding FB from $32.