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
23,428 Blog Posts

ALL IN LONG

The market traveled a familiar path today, FUCKING all of those who bought the open and then FUCKED them once more into the final half hour of trade. That’s what we do — fuck the open and the close and once more at night before bed to give you nightmares.

I bought a FUCKLOAD of semis and an array of high priced stocks — because I am betting on higher prices. I don’t even care if I draw down. As a matter of fact, I want more losses. Speaking of losses, I erased my losing streak and gained 1% for the session — which was down 55bps from my highs but who’s counting?

All of these little penny stocks can fuck off. I am done trying to capture their 100% intra-gay moves. All month long I was trying to catch one and they fucked me every single time. For October and going forward, I am going to trade less and more methodical — adhere better to the markets. Get back to basics and bowl on people for sport.

I know you want the market to trade lower and I would want it too if not long. How about you permit me to sell the opening rip and then we can possibly short it together?

Rationale for the long position: there is no crisis to justify these poor technicals.

Either way, I’ll be here to face the music come Monday.

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6 comments

  1. edge

    Indued.

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  2. moosh

    So, basically vacation ended and all of the junior’s at their ai trading stations were reset. Pro’s come back and pump 0’s and 1’s into what was working with knowledge of things gaining traction?

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  3. roguewave

    Hyperinflation is not caused by printing money,
    December 1922, the government in Germany confiscated 10% of all assets.
    The resulting collapse in confidence is what really caused the hyperinflation / run for the exits.
    https://www.armstrongeconomics.com/international-news/politics/biden-no-more-questions/?__cf_chl_jschl_tk__=pmd_4MBf3iEr8PmCGg9henFlgizZIhTkCsktex9tDxiJwx4-1633149979-0-gqNtZGzNAlCjcnBszQyR

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  4. edge

    Let’s face it Fly. If we never lost it would be no fun at all, we’d just buy and hold and be bored the rest of our lives with nothing to fry our imaginations.
    “Can’t get no”. I love this shit.
    No, Doubting Thomas, it is not a gambling addiction, it is the love of the game.

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  5. cll

    Still terrible at trading. Just wow.

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