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
23,433 Blog Posts

Cleaning Out Losers

I got my balls baked for me long some stocks today, so I sold them. It wasn’t a tough decision and I didn’t let it hurt my ego, even after bragging to the world of my 19 for last 23 successful trade winning streak, aka The World’s Best Trader. Sure it opens me up to ridicule and lots of people think my method of chasing stocks is “retarded”, but I don’t care.

See pal, my track record isn’t as important as my actual record here. If I was doing poorly, I’d switch things up. But I’m doing fine. As a matter of fact, better than fine. So I will continue doing what I do, permitted garrulous trolls and shopkeepers, sandwich store vendors, and mid-tier investment bankers have their say.

Here were my losses today, worn proudly on my sleeve.

(FIZZ -6%)
(TREX -7.5%)
(ASMB -8.5%)
(BLDP -2.65%)

And my one gain.

SPNS +4.4%

Se how easy that was, mate? The stocks bought weren’t the stocks worth keeping, so they’re gone. POOF! Now I can start anew and repeat my mistakes at the same rate of change and end up quickly ahead.

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