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
23,431 Blog Posts

Closed Out the Week a Profound Loser

I was the Roger Stone of Wall Street this week, attention whoring and boasting around with flamboyant colors, only to be unceremoniously dispatched in the middle of the night — assets seized, pride dented good and plenty like a speeding hardball into the fender of your bullshit Toyota.

I traded to and fro. After I did that, I did it again. Every turn I tried to make was wrong — ending up in a surprise Jack in the Box knife to my fucking face.

Did I deserve this treatment?

Yes, and much more.

When you’re wrong, you should pay the price. Some pay it with their blood, others with money. Either way, losers will pay, always and severely.

I could bargain on about how this too shall pass and how I’ll get back into the swing of things next week and really knock out the competition. Truthfully, I hope I lose again and again and again and again — until there’s nothing left. Sadly, that is not likely to occur. My affliction is this roach-like persistence to prosper — always riding out the bad times into the sunset of the good. Those days are often coupled with a schizo like frenzied happiness that spills out sloppily onto the blog with tales of space exploration, large dicked gains, time travel, and defeating my many “enemies” until their bones are broken into dust — all showcased with headline photos of statues and exposed genitalia.

I really should see someone about my issues.

Off to wolf down a few cookies and then hop on a call.

Ciao.

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14 comments

  1. it is showtime

    I’ve narrated and tracked -At Least 4- of these synthetic multiday ascents
    …2 of them……..cliche near vertical…
    A side intention is to unequivocally sideline bears. Tptb knows I nailed them.
    I called their ‘stoopid’ savior-pivot.
    Implicit-smirk’d what it would become.

    It’s running out.
    They know it.

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  2. spaceman

    My Gold did great!

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  3. edge

    65% invested counting leverage. NUGT YINN UPRO TQQQ IEF

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  4. chumpdaddy

    We’re going to get a selloff, and it’s going to hurt , like getting a leg amputated with only whiskey and a stick to bite on. My guess is from 2750.

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    • edge

      The 200d should tell the tale. 2740ish

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    • tjnyt

      Hope you guys are right about 27xx/200 day something. I have lightened my position in tech, have a tiny amt of DUA puts, AA, APA,DVN,FCX,MS,INTC & WDC calls. I’m still waiting for some coin in energy. I think it’s not over till energy makes a top and bio has room to run. After that I have promised myself to short the downturn like a rabid grizzly…lol.

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  5. sloppy dope

    As of 2019, the consensus on the sure (and perhaps only) way to profit consistently among the good traders I know:

    1. Write up algos that suit the current market conditions. It helps greatly to know how to code.
    2. Backtest with every piece of historical data available.
    3. Allocate capital, risk-adjusted, to the most promising algo(s).

    If you lost money trading crude in the last few days, maybe you shouldn’t keep doing it again–unless you enjoy losing money.

    I went short crude twice and long twice this week, 4 for 4, time-stamped and all:
    https://i.imgur.com/2klFbEx.png

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  6. the dude

    I can assure you, sir, the moral distance between you and Roger Stone is as the distance between Earth and Pluto.

    Get real and examine the mismatch between the current market and your trades.There you will find answer.

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  7. moosh

    4:20 post? Is Le Fly in the mountains?

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