It happens to us all but when it happens to me it’s especially annoying. In other words, if you had a bad trading day I’d forget about it 10 seconds after you told me. But when I have a bad trading day, it remains ETCHED deep into my fucking soul and I hate myself for it.
It all started this morning with that rascal inverse ETF $TZA, booked it for a loss of 2.4% and then I had this fucking winter jacker stock $GOOS that beguiled me for 3.3% and then the icing on the cake was $UVIX for 5.4%. That bastard of an ETF has given me great pains over the years, but on occasion works wonder, so I keep going back to it for another hit. After that I traded well against a fully long portfolio and did some rebalancing to overweight; but ultimately ended the session DOWN 30bps like a moron. I know losing 0.3% isn’t a big deal; but my quant was +87bps and this means I should have been up over 100bps.
These things happen.
What can I say? Truthfully, I have been distracted with the overwhelming response from my readers and members of Stocklabs, taking calls with them about managing their money. If you didn’t know, I am getting back in the biz and will entertain the idea of managing your piker accounts, providing you’re nice to me. What this means for the site is obvious: less direct recs and more general market commentary, which is fine if you really think about it. If you want to get in line to speak with Le Fly: email me [email protected] and maybe one day I can lose 30bps for you too in a market that was otherwise handing out free money like the DNC hands out abortions.
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