Traded Poorly Because I Thought I Was Going to Make Eeeet

An all around stupid day for me, churned myself until it burned. The notion of success ran rampant in my mind all day and I really really wanted to make it. By make it, I mean turn a 120bps opening deficit into a gain. I got close, then walked the dogs, and then fucked myself — finished off by 169bps.

All around, a TERRIFIC day for stocks, due to the resurgence of risk. Lots of bullshit popped today, like NEGG, DIBS and a wide array of gene editing stocks. I got raped horribly in a GRPH trade today, booking a 7% loss only to later see it soar by 20%.

Why do I mention these things and what value can it bring you?

I finished the month +7.6%, a great return by any standard. There are people out there who only highlight the good and never talk about the bad. Especially for new traders, this is demoralizing — because life is dynamic and volatile and filled with depressions that make us doubt our path.

I can tell you this, being up more than 200% doesn’t feeeeel good because I want more. Today’s loss supersedes all previous successes and now I can only fixate on how best to start off July tomorrow.

I closed the session fully invested, mostly in inane stocks. I cannot and will not take the morning off again, as that is often the very worst thing to do when holding time bombs overnight.