I booked my gains this morning, a little bittersweet since I was +5% and only ended up with +2%. I had 20 positions and most of them green and some of them ran after I sold them — but there’s no fucking crying in trading. You make your bed and then you sleep in it. Sure, I could’ve been +5% for the session had I sold in the pre-market. I also didn’t have to get long tech and biotech after I sold my commodities and UVXY — but I did that too.
Markets are now careening lower and for good reasons; but I happen to be on the bullish side of the trade now because I am betting on a Russia-Ukrainian peace agreement. Why would I do such a thing? No idea, other than to suggest that such a deal exists somewhere in the ether and it’s their job to figure it out.
My gains have been reduced to +1.5% on this downturn in markets — with the NASDAQ now -100.
NEVERTHELESS, I will not cry and I also will not stubbornly hold onto this trades for the sake of being proven right.
I am 85% cash, now +18.1% for 2022.
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It’s the same deal that’s been obvious for weeks.
Makes sense all around. It would benefit Ukrainians and others, but
NATO will have no purpose
Blinkin will have nothing to do
Zelinsky will have to rejoin the nightclub circuit.
They need a win right before midterms, not now
They won’t do it.
It’s false flag time. Hope I’m wrong.