I’d love to do nothing more than come here and talk shit for the final trading day of 2023. After all, I had a good year, by all accounts, making more than 55%. I’ve also reinitiated my strategic account and made some recent gains there too. My quant didn’t bode well, finishing up just 4.6% for 2023 and will be completely revamped in 2024.
Perhaps it’s just a passing mood, but I cannot be more disappointed in myself for missing the December rally — lowlit by neurotic over-churning and doubting every leg higher with a dizzying degree of indecision. Some people believe to trade the market in front of you is to be successful. Perhaps for some. But for me, I know when I am going to be right — call it a feeling or a sense of correctness that causes me to posses a bias that is ahead of the pack, resulting in grandiose returns. I had these premonitions before COVID and before the Russian war. Throughout 2023 I had zero convictions, other than the fact the economy was rigged to go higher.
I hold zero biases of any conviction and this is vexing me to no end. I want to believe in something, good or bad — take trades with a smirk knowing the future outcome. How can I be +55% and feel like a complete and total failure?
Some might argue this is good and I can use this feeling of inadequacy to “do better” in 2024 — but what a way to live — indeud.
Running along a similar vein of thought, I keep waiting to peak and my skills to drawdown. I actually look forward to it, so I can, perhaps, give up trading and fuck off somewhere for the balance of my life. Whenever I do begin to trade subpar, for any serious length of time, just know that I will not sully myself and trade poorly in a public venue — but will instead fuck off for good and bid you all a happy and warm farewell.
For all of those who read me in 2023 and who supported me via Stocklabs — thank you for your patronage. I really shouldn’t be doing this, as I belong in an office somewhere trading professionally — as I was trained to do. Then again, I actually hated it when I was there and do find pleasure in helping the unwashed catamite class of investor cut through the thickets of the tape in an everlasting journey to escape the housing tenements.
For New Year’s celebrations, I shall partake in champagne cocktails and catering on par with a man in my station of life. But just know, I will not like it.
Happy New Year’s to you and yours and cheers to a better trading environ in 2024 bestowing to us all the riches of a lifetime.
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Señor,
Thank you for doing this. You are both informative and entertaining with a killer writing style.
Appreciate coming here daily as well as on X, formerly known as Twitter. (sarcasm…the formerly known as Twitter part)
A happy and prosperous New Year to you and yours.
Metalleg (not my real name ???)
Can see how you feel inadequate, when the nas was up 55% and the smh was up 73% just for doing no trading at all. Living life to the fullest. enjoy going to the Dodger games, still bowling avg 180 down from 200 forty years ago. play piano in a band. Play tennis every week, golf as much as i can. The thing is enjoy the time you have left. I am sure you probably have six or seven mill already so do what you find passion in. Another couple of mill is not going to make any difference. Have to give you much credit you are a very very good writer.
Can see how you feel inadequate, when the nas was up 55% and the smh was up 73% just for doing no trading at all. Living life to the fullest. enjoy going to the Dodger games, still bowling avg 180 down from 200 forty years ago. play piano in a band. Play tennis every week, golf as much as i can. The thing is enjoy the time you have left. I am sure you probably have six or seven mill already so do what you find passion in. Another couple of mill is not going to make any difference. Have to give you much credit you are a very very good writer.
Happy New Year’s to all and may the New Year be a good one.
And may Fly up his pickleball/tennis game skills.