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
23,418 Blog Posts

NO EXCUSES FOR TRADING POORLY

I decided to take the morning off — following a long night of cleaning and toil. I rolled back into the fires of Wall Street less rich than the previous day, all thanks to my neglecting my duties and not selling at the open. See, many of own normal stocks with normal price patterns. I, on the other hand, only hold runners. I hold the best runners and they run very fast in either direction. When I am on top of my game, these runners make me a lot of money. When I slumber and fall back into comfort, I am punished and losses become severe. This is why I must always work, especially during work hours, in order to best trade.

I had losses of 125bps, but have since cut that in half thanks ti some smart trading. There are so many stocks popping off right now I am angered by having to blog this now — a post that will drift away into an anonymous cemetery of WordPress, never to be read again, rarely visited upon — mostly all for nothing.

If you enjoy the content at iBankCoin, please follow us on Twitter