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
19,441 Blog Posts

LONG UNTIL WRONG

The market is probably gonna day-rape a lot of people today, swinging to and fro in blackguardly mannerisms. It will fribble away the portfolio values of the weak and mentally disabled. Men in sloppy cloth getting cleaned for their coin — because they chose to anticipate markets instead of bowing it its grandeur.

My biggest losses and with the most prevalence, occurred after I felt something would happen, instead of actually seeing it being done. In other words, quit thinking you’re special and ahead of the curve. You’re not. That one time you nailed an huge inflection point was luck. If you’re not repeating those wins over and over again, you’re fucking up.

Quit fucking up. Follow the market. It certainly will not follow you, fucked face.

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

6 comments

  1. roundwego

    Vix is like randy macho man savage. Hated by the masses but there is no higher flyer.

    https://youtu.be/0Xqa7F0qZUA

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

    Vix weekly showing accending channel ?

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

      Charting works because people react to price levels, and of course algos price in these reactions and amplify the effects. So for charting on the VIX to work, you would have to assume that algos/people are saying “I’m going to buy/sell when the VIX hits ___.” I’m not sure if there is much of that going on.

      I think the VIX is just more of a measure of panic and complacency. That is why bottoms occur at VIX spikes: people ahve paniced, so “samrt money” assumes that we won’t plung again soon and steps in.

      It’s good that you brough it up anyway, because it has just dropped below 20, which is significant. If it ever hits 15 this year, that is a high-probability bet that people are again thinking the Bull markets last forever and forgot about the already-priced in effects of the Republicnas and Trump’s policies.

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

    What’s the screenshot from?

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