iBankCoin
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
23,445 Blog Posts

Market Bounces in the Face of Unspeakable Horrors

I’ve seen this fucking show before and will not be fooled again. I closed -86bps due to hedges gone bad — but closed them out and enter tomorrow 109% long.

Now I know exactly what you’re thinking — because I’d think the same if I was a reader reading me now.

“This cocksucker is gonna get lit the fuck up. The top is in.”

But you’re probably wrong. Let me explain.

I tend to be a very streaky trader — going on 50 for 50 winning trades at a clip. Also, there are occasions, such as now, when I cannot make money to save my life. But these periods of duress always pass — quietly like a warship in the night — dreamily — en route towards its next battle. People, just like you, have come and gone to iBankCoin and talked SHIT in my comments since 2007 and have always been proven to be baboon brained jackasses. If there is one thing that I am good at, and I mean really good at, it is this.

I’m more than 10x my money since late 2021. When you read my blogs — just know and try to understand that I am already several steps ahead of you — if not more.

But what if markets careen lower and I get cleaved for another 2 or 3% tomorrow? Well then that would conclude my expedition into the jungles of the markets for August 2023. I would be forced to resign from duty and regroup for September.

Big losses always start small and those small losses always become big by believing in an ideal rooted in ego. My ego isn’t tethered to being a bull or a bear — but my ability to sashay to and fro based upon the whims and caprices of my instincts.

I will see you fuckers tomorrow.

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6 comments

  1. indexjoe

    I don’t understand this blog

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  2. jtizzle

    I wish you nothing but sucess and luck. You deserve it.

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  3. bob smith

    Have you considered a different, more lucrative career? Some people do pretty good with yard-selling and Mrs. Fly has lots of junk that could net you positive gains at least.

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  4. purdy

    I wouldn’t be long much because it may just be the case that Vivek is for real. The debate is Wednesday. And if he is for real, there’s a wild card that’s so wild it trumps your oversold double-secret buy now indicators.

    What will the mobs do?

    I added to shorts today ..and an oil long.

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  5. teslawasright

    Fly – Please manage my money Why no Fly ETF?

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