I haven’t had any real drawdown in years. I’ve been steadily progressing with my ideas and instincts and my fucking toolz and just collecting money. In an ideal world, markets would fucking collapse and the VIX would crest above $100 and people would get scared. Who is scared now?
Anyone scared of Russia? Anyone scared of recession?
No. We have fuckers out there salivating for blood and war and cutting their dicks off during their lunch breaks to celebrate pride month. We live in a crazy time and I hate it.
Nevertheless, this is my country and I’ll just have to sit around and wait for a military junta to take it over and quarantine people for their ideas.
I am +30bps, after wasting a few grand on a SQQQ hedge. It’s a waste of fucking money to attempt hedging. The SPY is down about 1.5% the past 3 days and the bears are out in force attempting to roll the ball downhill. Nothing will move and markets will only keep going higher — because we have so much fucking money — and so much control over the indices — literally nothing at all can stop this momentum.
I wish it were different. But it isn’t. So we make money betting with the bastards.
If you enjoy the content at iBankCoin, please follow us on Twitter
