I ran into a dry spell, losing in 5 straight trades. Losses ranged from -0.7% to -8.5%. I felt good about those stocks when I had bought them; but truthfully felt no allegiance or sense of conviction with them, so they are out. I suppose one could argue that I could just hold them and wait for better prints. But it’s not my style, and with zero commissions — I have little to no motivation to abstain from churning myself.
Your style might be to sit and hold. I am of the fluid type, always hunting for fresh kills. When my prey grows stale, I often cut losses quickly and move on. At times, this brand of trading can become meddlesome, especially for those attempting to follow me. Losses pile up in stacks, like dead bodies outside the city gates. But the enemy can never enter my castle, an impenetrable fortress armed with trebuchets and plague infected arrows.
Do not fear for the future of Le Fly, for it is already etched in stone. Things will work out wonderfully, and more. I turned over my account today and bought another 7 stocks in an ordinary gambit for me, switching things up. Divorce is good when you have a plan. If you don’t, next thing you know you’re bogged the fuck out for -50%.If you enjoy the content at iBankCoin, please follow us on Twitter