Not only am I back to winning again, but I’m also back to not being fooled. I cleared out all my trades this morning for +65bps and both EV and crypto miners are tantalizing me with their largess returns — but I know it’s a trap and will not buy them.
See, when you get old enough as I am, nearly 1,000 years of age in wisdom, tricks aren’t easily accomplished upon your person. The average layman sees a trick and doesn’t know they’re tricks. They see opportunity.
“OMG, look at that stock up only 40%, it’s gonna go higher. I got to get in.”
Whereas a seasoned professional, a person such as myself, understands what lies behind the veneer of beauty, an odious and hideous monster eagerly waiting in the shadows for laymans.
All that aside, markets are pressing higher —- but will fall soon enough. Be patient.
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Nobody cares about your daily stock gains or losses. Get over yourself will ya?