It was a choppy session. I personally know of three people caught inside of the swinging guillotine who lost their heads and much more. Entire brokerage accounts wiped out clean during this cantankerous market. I have traded in and out 73 times today, both long and short, desperate to maintain equanimity at all times, ensuring a win.
I did exactly that, closing the session +70bps, closing the day almost long with a blend of stocks not exactly too risky, also hedged with a little SQQQ.
My big position is NVDA, nearly 25% of my account. I wanted exposure to the semis. Why bother with any other name?
I am not certain we are heading up, but feel as if the leisure trade, the arrogant one, is to sell short. I see these people for who and what they are — mountebanks — Twitter financial analysts. I’d like to drive rail-rods through their heads.
Enough of me being violent. After all, I am a giant pussy for threatening good people online. I must really enjoy being this cyberbully who goes around all day telling people to FUCK OFF. Maybe one day, I will get the chance to tell people to do that in real life!
I am not playing the pennies. Fuck you with the pennies. I know I was a big advocate of BIG DICKED GAINS via pennies. But the market is a sick fuck and I want no part of it.
My fav ideas now are broker dealer order flow — companies like ICE, VIRT and CME.
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Figgity FIG!
XLM partnership with MGI announced after the bell.
@TuurDemeester · Mar 1
Fidelity’s Director of Global Macro: “When conditions go extreme—meaning high inflation or hyperinflation—no matter how big one’s hedge is, it will seem not nearly enough …. At such times, we might wish we had been “irresponsibly” long.” twitter.com/DigitalAssets/…
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the trillion-dollar coin
save the platinum, why not just use a trillion-dollar pet rock instead?
Everyone knows the coin is not worth trillion-dollars. It’s make believe.
How many man-hours are our politicians spending on this?
Everyone knows the pet rock is not worth trillion-dollars. It’s a fucking joke, as is anyone who would work on or believe in such hocus pocus.
Build a giant church around it and everyone can bow down 3 times a day when the gong sounds. Make a law that everyone must believe it and problem solved.