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
23,428 Blog Posts

Disgusted With Myself — Moved to Cash

I took a look in the mirror and didn’t like the odious visage staring back at me. I reflected upon my present portfolio and determined it was mostly shit. Plus, I went ahead and stopped out of my LABD at the precise moment markets began to tumble lower. This made me disgusted with myself and I immediately hated all of my positions. Ergo, I fucking sold them all — save one or two, maybe 3, or 4!

I was having so much fun too, trading in and out of biotech hand grenades, laughing, crying, frantically pressing “buy” and “sell” — booking grand profits in stocks most likely headed directly to zero. The question I asked myself was this: “do I want to own these stocks now?”

I’m sure markets will do fine and springboard higher from here, and everything I sold will bolt higher — leaving me in a greater dispirited state than I am now. Meanwhile, I’ll participate via my quant, but presently occupied dark and brooding — angered by admittedly ridiculous things that literally mean nothing to me at all — just a mood and a cloud. So fucking stupid.

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4 comments

  1. ferd

    Long DUST for a quickie

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  2. bronze28

    FLY…. 2 words to solve your issue

    MARY WANNA.

    it really works. Otherwise why would so much money be going into these stocks. e.g. VFF

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  3. acehood

    Just wait until you move South and can commiserate with the locals about the lingering after effects of the War of Northern Aggression.

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  4. flyaway17

    Stop whining and focus.

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