iBankCoin

Down 5% for September

This is my worst month since August 2023 and typifies the type of year I am having, middling. I am +8.5% for 2024, way off previous years and frankly struggling to find my fat pitch or any semblance of rhythm. The good news for all of you, or at least the one’s emailing me to potentially manage your money, is that I am streaky and by the time I am ready to go, I will most likely be due for a streak to the upside.

No matter how poorly I trade and for how long, I always manage to bust loose to new highs. I find the key during periods of duress is not try to “make up” for losses in a day via wild eyed gambits. Often times people overcompensate for losses with insane bets in the hopes of turning it around and that’s exactly what they are: hopes.

Into tomorrow I am 33% cash, 11.5% $SQQQ, the rest long. I had some hedges very green earlier but didn’t close them out before the 1,000 green candles into the close. I can either sulk about it or forget it, since it already happened. I will choose to undoubtedly fucking sulk on it.

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