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
23,021 Blog Posts

Markets Tossed Around like a Rag Doll

Major fuck you candles underway this morning, as the NYSE cracked asunder from dozens of trading halts and acts of grave depravity. I was entreated to a leveraged long book down 2.8% at the open, only to see nearly breakeven inside 15 mins. Then I got fooled, made some bad trades, and stand before you in the middle -1.2%.

I’m presently hedged via SQQQ at 15% because I have no idea which trap door will appear next.

This of course is part and parcel of any cosmopolitan market — one befitted with the finest people and firms.

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