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
22,791 Blog Posts

Bogged in An Upward Spiral

There is no need for analysis as to how or why I lost 2.3% today. It’s just one of those days, unacceptable of course — but I have no one to answer to — as I manage my own money. GRANTED, there are folks inside Stocklabs who mirror me — but you must understand that I do not trade for you. I trade for me and you are lucky to have access to -2.3% down days in upward spiraling up days.

I fixed my allocations and should be A-OK into tomorrow. Then again, I depart for DC tomorrow and will be on the road for much of the trading session. Later on, I’ll frequent some of the “hot spots” in Georgetown and then I’ll meet the President in the evening.

Bottom line: I lost coin today because I am a fucking idiot. HOWEVER, on a long enough timeline I cut through your returns like fire through butter.


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  1. metalleg

    I’ve alerted Nancy Pelosi. She will have some stock tips waiting for you when you arrive in DC.

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  2. soupbone

    What evening? Bedtime is 6:00 PM.

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