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
23,426 Blog Posts

PIECE OF SHIT

I have tried everything and nothing works. I am mired in a slump, losing 3 of the past 4 days, down by 3.3% for this week alone. Every move I make the opposite happens. When I hedge, the market rips. When I add to positions to dilute the hedges, the market drops.

This is the type of market that eats me alive. In retrospect, the very best trade during this time period would be to buy any and all dips in LABU. Also, buy during the morning collapse and sell for 1-2%. My issue, I am holding onto these PIECE OF SHITS too long, permitting the afternoon DOMP to abscond with my gains, and more.

It’s all wearisome and those MIRRORING ME now find themselves staring at an odious visage, a monster, afraid of what they might see next.

I’d like to tell you “all will be fine” but I don’t feel that way, so instead I shall tell you ALL WILL NOT BE FINE and that my losses are probably just beginning.

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3 comments

  1. purdy

    If these recent disconnects are just the beginning of a complete market spaz – well, assessing the path upon which the psychopaths running our foreign policy have put us, I’d say ‘it’s about time!!

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  2. john galt

    What you need brother is weed. A little time when you’re forced to look at things from another angle in life. Don’t fight it, everyting will be ok.

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