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
21,146 Blog Posts


I was having a splendid day, trading magnificently, in and out with a restless normality commiserate with a person accustomed to gains largess. But then Mom Fly entered the fray, as she is visiting me for a period of 25 days. I could not escape the lectures and the incessant chatter and soon begun to trade desperately and then stupidly. At the apex of my meltdown, I doubled down in HOTH and booked a loss in it at -5% only to bear witness to an incredible spectacle as it sashayed higher with the greatest alacrity, halted trading for upside chicanery, higher by 30% on a contract news item.

My trading was thereby cursed for the balance of the day, as I registered 110 trades on a day that I only needed a few. I walked away +67bps, down 130bps from session highs, morbidly depressed and angered by my lack of presence in this tape, one custom designed for my market hand. We had great movements and volatility in a variety of industries and I only managed a pedestrian gain. Even worse, I closed out the session on full tilt, nearly fully invested into the blades of what will sure be a sharp downside reversal — since my trading is both now cursed and harangued by Mother Fly.

On the brighter side of things, I am on pace to gain 30% for June, presently and obnoxiously +8.6% MTD.

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  1. metalleg

    You have to relegate Mom Fly to the garage or backyard shed, if you have one, between the hours of 9:30am and 4:00pm on weekdays.

    She would understand. My mom does.

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  2. indexjoe

    I’ve donated a portion of $HOTH profits to the New York Crisis Actor charity fund

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