iBankCoin

Sold a Winner — Holding Onto Losers

I’ve got the most mentally ill people in the world reading my blog — absolute faggots, absolutely. And to answer a question in the previous post, “fly, you’re encroaching on 42 and training to enter into physical altercation now?”

I am a man of extreme peace, aside from all of the offensive actions I partake in, and would prefer to live out the rest of my days listening to big band era music, smoking my pipe to a slow sizzle. However, if I ever felt the need to dislocate someone’s jaw, I’d like to be able to do that too. Can you feel me?

Markets are full retardo to the upside and I just did a leg day, which means I’m half handicapped now. Seeing that I am, once again, taking an ax to the brain in SOXS, and today DUST, I did what it says to do in the stock broker almanac. I sold a winner, in order to hang onto a loser.

I kicked out of YINN for a ~$3 gain and will now sit back and watch the market correct and crash, correct again, and then crash even lower.

There’s actually nothing stopping it from going higher today, believe me. Hey, I’ve got that new BZUN taking off and hey look Ma, I swear, I own some SEDG in my quant account. Oh, I swear Ma, just have a look — I’m fucking up 1.3% there for the day. I’m sorry about the cussing, but I get so god damned excited over the stock market and especially when my neatly drawn out narratives take a detour. I’m grateful for detours, but would like to know in advance next time.

What else do I have going higher? Ooh, I’ve got some EVGN, thinly traded, mostly a piece of shit, but higher by 5%!

Ok, I’m gonna go now — time to eat something and drink something. We’ll chat later.

 

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5 comments

  1. infinitezuul

    Joined you short today at SPY271 which means one thing and one thing only…

    We are going higher.

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  2. numbersgame

    “Can you feel me?” ->
    correction: “Can you feel me, brah?”

    Still holding the SPY puts, but while not surprised that it hit $270, didn’t expect it to be at $272 so soon. Rearranged my MU positon to give more exposure to a spike up, less exposure to a spike down (really not expecting it to sit still based on NVDA earnings). Added to AAPL long by buying OTM calls, expecting $200+, and then may add to my NFLX short, depending on how it finishes out the day.

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  3. stockslueth

    If you feel like you are mostly on the wrong side of the trade, it’s by design.

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