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
23,163 Blog Posts


I had reduced my losses midday to just 83bps and then I felt emboldened to LEAN into what looked like a nice tape. As soon as I leveraged up 155% of assets, this happened.

Straight the fuck down — no stops. I got melted the fuck down in my LABU position and ended up closing it out for a cool and collected $16k loss. To close it all out, I leveraged up to get myself into a NET SHORT position because — WHY THE FUCK NOT?

And then markets gapped up to end the session — nailing me to a cross -2.62%.

The subsequent result of this drubbing is widespread bullying and acrimony inside Stocklabs. I have now been reduced to a man to toss over-ripened tomatoes at — spit at casually as you’re walking down the street eating and iced cream cone.

In my head, I intend to murder all of these people and I’ll probably go home tonight and sharpen my blades while talking to myself. I will think of different scenarios where I end up victorious and literally MANIFEST it to happen in real life.

This happens to be, as a matter of fact, the secret to my “success.” I just think about what I want to happen and really focus on it and then it happens. These aren’t idle curiosities — but obsessions.

I had taken for granted my comfortable standing and returns and didn’t train for the boxing match — and then got knocked the fuck out by Clubber Lang. This will not happen again and as I sharpen my blades you should all fear my wrath.

I felt better writing all of that down — gave me an outlet to release some of my delusions and anger.

If you enjoy the content at iBankCoin, please follow us on Twitter


  1. txchick57

    LABU was down 30 cents. BFD. You’ll be sorry you took that loss

    • 0
    • 0
    • 0 Deem this to be "Fake News"