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
19,835 Blog Posts

FUCKED FRIDAY; GO EAT A SANDWICH

I’ve been working like an absolute dog for years straight, high strung lifestyle designed specifically to send me directly into a deep grave. I’ve been trying to unwind and get some sleep, but it seems to be an impossibility. I missed out on my overnight trade bump this morning, due to issues pertaining to the new house and now I’m just looking at it angry that I didn’t take the time to trade it.

The trading lifestyle is wonderful, if you have time and skill to play. But if you only have skill and no time — it’s one of the most frustrating things ever. Missing trades becomes a habit and next thing you know — you’re doubting you’re own skills — which is deadly for survival in this wacky business. Starting next week, I am going to ensure my schedule is fucking clean from opening bell to close.

I see the Nasdaq is shitting the bed today, typical of a Friday, a day that was born is disappoint longs. Sure, you get to enjoy the weekend soon, but you also get to enjoy SHARPLY LOWER share prices.

Gold miners are bouncing, oil is hammered, stocks are in limbo — sandwich time.

The next trade I’ll execute will be my over weekend hold.

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4 comments

  1. og

    When will SAAS be great again?

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  2. teslawasright

    The Fly, perhaps you should keep your trading hours all the while taking up the fine art of smoking meats (and vegetables) with the finest pecan woods, alderwoods, etc. You won’t be disappointed.

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  3. fxtradepro

    The US Dollar is the story here – this shouldnt be taken lightly and could ultimately send markets into a deep grave. The Fed is nearing the end of it’s effectiveness in terms of being able to stimulate the economy and ultimately stave off a crisis. This is a slow moving train wreck and shouldn’t be taken lightly.

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  4. teslawasright

    Until the Fed is dismantled, you will see no end to the treachery

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