If the market should drop by 10%, will you go bankrupt? If, by chance, your largest positions started to drop, where is your line in the sand: 5%, 7%, 10%, 20%?
Learn from my lessons of 2014, a time in our Lord’s history when “The Fly” showed the world how even an immortal Space Alien Magician (SAM) could lose money by exhibiting gross amounts of hubris, coupled with neglect, and egregious stupidity. A great man once said “everyone has a plan until they get punched in the face.”
Do not permit yourselves to get hammered and punched into the face. At the first sign of danger, flee lads and save your skins–live to fight another day. Don’t worry about me, for I was born to bathe in the fires of hell and toil amidst savagery to cleanse my soul from all of the sins I’ve committed.
Markets look dastardly.
I am down 1.1% for the day and N is your #1 tell for risk. She’s been trading down for more than a week now. I’m afraid the summer doldrums have arrived.
If you enjoy the content at iBankCoin, please follow us on Twitter
lost so much on the bondbath
ROFL I’m glad I didn’t sell aapl calls this morning when they were up
that would of been too easy. I wanted MOAR. I got homo hammered instead
The tools running Greece look like they could fuck up a ham sandwich.
A ham sandwich is fucked up before the very first bite. Gentlemen prefer roasted turkey..
Don’t be a pig hater. You know swine is divine.
Everyone of my stocks has located my wazoo today.
My line in the sand is – 35%…Then and only then will I DOUBLE DOWN.
My NFLX puts are very meh today. :\
FEYE muthafuckas….FEYE
savin my ass
45 months without corrrrrr(rolling r)rrrrrection
I bought some more minutes for my nexty chirping is the wave of the future.