About Mid-afternoon I was feeling my oats, fully in control and boastful of being a war market general — easily navigating the waters — taking bounty at my leisure — resting scornfully in the tall grass.
In the final hour of trade, however, my fortunes reversed in what I can only describe in a retarded way.
The move higher was predictable, any person not lying in the tall grass in search of prey saw it coming. I kept my $UVIX and $SQQQ, mostly because I too was retarded, and attempted to cosmetically shift away from that carnage by leveraging up long into an array of stocks — frantically buying anything I could get my paws on. The easiest coarse of action, and I knew this as I follied, would by to close out the shorts and book the gains. Instead of that, I have losses of $15k and climbing in them. Overall, I shed just 20bps — giving up session high gains of 60bps in the process of resting easily and calmly looking for collapse. In the midst of all that, a giant homosexual elephant snuck up from behind and stomped out my lion’s teeth.
At the present, I am still fighting the gay elephant and hope to have better news tomorrow, as I am fixed in a morass of idiocy — flat for the week and flat for October.
It always goes this way, especially when emotional about a trade — the dreadful imposition of ego commingled into the job of following direction. Hitherto, I had been in control and possessed a clear vision of the future. But right now, I’m trapped in a jungle fending off flamboyant elephants and feces throwing gorillas with bananas in tow.
Pray for Fly.
Comments »