iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,417 Blog Posts

Capstone Programme — Getting Started Next Week

My sessions begin next week. Don’t be scared — I’m quite affable.

Here’s what I want to go over first.

I spent some time and created some decks highlighting the many reasons you need to fear for a bear market. Many of these things have been talked about before, but none as eloquent and with poise as I am prepared to orate.

The second is the most important subject for any trader, beginner to expert.  It’s the psychological aspects of trading — knowing when to buy and sell and how to think about positions and/or strategies. It is the foundation from which everything else will be formulated on. Without being sound minded and having clear goals, you’re building a house of cards destined to fail. I know because I too failed before and have seen dozens of good friends and family beguiled by the same rigors.

The last topic for next week will be a technical look at the markets — by presenting some data. What are the most important sectors, stocks, data points, to pay attention to? How will we know if any bounce is legit or a head fake? WHAT IN THE FUCK IS GOING ON? I intend to broach all of these subjects, AND MORE.

You can join Capstone and cancel if you’re only interested in one session. That’s fine. It’s a subscription based service that is designed to put members thru a Fly styled boot camp. At the end of 12 months, I expect you to curse wildly whilst drinking gimlets, reading from leather-bound books, and smoking an nice estate pipe — women too.

If you enjoy the content at iBankCoin, please follow us on Twitter

15 comments

  1. txchick57

    I’ll join if you’ll post a picture of yourself. I have “known” you for so long that I want to see if my mental picture was anywhere close to correct.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. joyous__ending

    Alright I am going to give it a go as Distinguished Gentleman, as I do not feel like going mano y mano with this Bear.
    I want Fly’s personal advice, some of the staff I do not have full confidence/trust.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. dragun

    Fly’s NO DEAL comment makes me think he may be a dead ringer for Howie Mandel

    • 1
    • 0
    • 0 Deem this to be "Fake News"
  4. roundwego

    Crash continues as credit turns toxic.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • numbersgame

      The easiest way to monitor the corporate credit market without monitoring corporate credit is to track GE. Until/unless that stock bottoms, then the risk of corporate credit defaults that has been spoken about for years gets closer to reality. Of course, rising credit rates is the flashlight.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • numbersgame

        meant to type
        “rising interest rates is the flashlight.”

        • 0
        • 0
        • 0 Deem this to be "Fake News"
      • irma vep

        A kinder and gentler Fly? You can be really, scary charming when you want to be. Your words made me weak in the knees and I’m interested but I’m shy. I’ll give Capstone the serious consideration that such a generous offer, of sound investment learning and technique, deserves; no impunity or insults if I can’t follow the content or bear the expense (no pun intended) after

        I been thinking of giving up cigarettes and try a pipe; just out of curiosity.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
      • irma vep

        I’ve had the same thought about GE ever since it crashed to $6 a share, give or take, in ’08-’09. I did great buying it for a bit after it bottomed and then slowly selling it in late 2010 and early 2011. Best trade I ever made and kept me in clover for years; never been able to repeat such a dramatic ROI but I did well until I felt I was losing my touch by the end of 2013.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • irma vep

          I hate grammatical and definition errors. Correction: …impunity and insults if I can’t follow the content….

          • 0
          • 0
          • 0 Deem this to be "Fake News"
  5. irma vep

    Correction and exasperation with myself again: …impunity and no insults if I can’t follow the content or bear the expense (no pun intended) after one session.

    • 0
    • 0
    • 0 Deem this to be "Fake News"