Fly’s Computer Brains Beats His Real Brain For October

My quantitative strategy which only uses the algorithms from Stocklabs, non-market timing, once per month allocation and hold — beat me out my trading account — booking an 11.96% gain for October to my toil of +8.3%. I was above 10%, but had some minor set backs the past day.

Today was all about bigger capped stocks or perhaps a foray into the sewers of crypto miners with names like EQOS, GREE and BKKT storming higher.

I had an off day, thanks to an overnight trade gone awry but did not let it keep me down and I am wisely and keenly positioned for the beginning of November.

We got through October unscathed and now the very best of the market is ahead.

Come Monday I will be selling the entire Quant in exchange for a new month’s Quant, so if you’re interested in following along — be sure to join us inside Stocklabs and BEHOLD the grandeur of my computer brain.

Halloween has always been and always will be my favorite holiday. It’s pure and not replete with American consumerism, pure fun and family oriented. The very worst holiday is Xmas, which isn’t the celebration of Christ any longer — but fat fuck Santa Claus.

We entered today in the hole due to Apple’s miss and that happened because of the MUH supply chain. No one can get anything because MUH the great reset and global warming is going to melt the iced caps and cause our homes to wash away in great floods and we’re all gonna get so hot and the weather is going to fuck with us severely and oh the polar bears will drown because their iced caps have melted and all of this is happening because MUH coal mines and also cows and all of the trimmings mankind has created for himself.

Into the last trading day of October, I am positioning for November, which means retail. Come Monday all of the catamites and all of the gurus will be fixed on retail sales and how we’re heading into a meatless Thanksgiving due to the SUPPLY CHAIN. Oh my God, the supply chain — bared to the bone — and also NO ONE TO MAN THE MACHINES as the labor shortage is oh so terrible.

I don’t give a fuck and hope the supply chain remains broken forever and I hope that God is listening to me when I ask for RUNAWAY INFLATION and $5,000 tomatoes and dead crops because MUH LABOR SHORTAGE and soured milk because OMG NO TRUCKERS.

I was about to buy some more calls on BITO when the floor dropped out from BTC, sending the coins tumbling lower — only immediately reverse and lift higher.

This is what happens when people who are fat man trading desks.

All that aside, markets ramped into the close but I had a somewhat milquetoast session, higher by 65bps. I am getting drilled in the AH on one of these VR plays gone awry, in light of the Facebook announcement to change their name to Metaverse. Nevertheless, I will manage myself admirably and trade out from it with poise.

I think we ramp — I really do. I’m not so sure about commodities, but just to be sure you should diversify.

Tomorrow is the last day of the trading month and I cannot complain up around 10%. Heading into the best time of year for stocks, although always on edge and apprehensive, I look forward to a massive rally into Thanksgiving and a cooling off of equities into December, but accentuated with grandiosity in the crypto space which I fully expect to bear witness to a massive rally of monumental proportions.

Markets are busting loose and we’re all making money again. Halloween is this Sunday and nothing scary had happened thus far, which brings me to my next grandiloquent conclusion.

THE THANKSGIVING SUPERNOVA STARFISH NUCLEAR EXPLOSION IN OUTERSPACE is about to commence, into National Festival — a day reserved for wanton gluttony.

I feeeeel no other place will benefit most than the crypto markets, pushing BTC to $100k and $ETH towards $7k.

Inflation is here and none know it better than the fucking retards in SHIB.

Up 106bps for the session, on a day when most got their dicks cut off. Le Fly was leisurely being genteel, cavorting and sashaying in and about his home office — not because he needed to but because he wanted to. At this very moment in time, I am 100% in charge.

I had a gain of 60bps and doubled it in the final minutes of trade with an opportunistic gambit into BKKT, booking an 11.5% gain by 4:01pm.

Others in the PR took GRTX up 35% in the AHs. This, as you know, is child’s play and nothing for men of finance — people formally and professionally trained in the art of proper money management. This isn’t a Reddit forum or even worse StockTwits. Fuck off and neck yourself.

I am 49% cash and triple hedged via $TZA into what is sure to be a tumultuous open. The market has broken lower.

I took one risky trade and booked it for +4.8%. I now have a handful of positions, all bigger capped near session highs, designed for low beta returns. I am hedged via 10% position in TZA, which I feel is a good overnight hold. The dichotomy here is record highs for FANGT and everything else falling by the wayside.

The trade is to be long mega caps and short small. There are days when this trade fails, but on the whole, this is a winning trade.

To buy commodity plays or not on this dip?

No.

I just don’t care much about it and prefer to buy strength than dips. I know the bigger money is in catching the turn. But generally speaking, I am more comfortable buying what is in play — because my trading account is designed for short term.

Aside from the rip roaring days, I have found comfort in selling everything at the open, which usually consists of bigger cap stocks that were closing near highs and a triple inverse ETF, sometimes as high as 15% weight. If market opens up, I close out the longs first and ETF last, since we usually fade opens. If we open down, I close out short and then longs. Into the close, I have been choosing 1 runner for AHs session and haven’t lost yet. The criteria is simple: buy a nut stock near session highs trading on very high volume. In Stocklabs we can measure the delta of volume and that helps a lot. You want to buy names with big volume breakouts.

After I sell the open, during the afternoon I probe with small size and usually harvest gains/losses in small quantities. I rarely buy more than 50% weight overall. Lastly, into the close, during the final 30 mins, I position for tomorrow.

Rinse and repeat.

Up 95bps for session, +9.3% for October.

I was positioned good enough and sold everything but my BITO calls, locking in again of 0.65%. The stocks that are running are solar related, due to ENPH and their fucking earnings beat. The other niche running hot are small little Chinese burrito bombs with a lot of cash. You can measure this by price/cash ratio. At any rate, stocks like NEW, CXDC and others are through the roof.

This is a classic trap. If you’re not careful and find yourself sliding into one of these, you’ll be sliding out on a slab en route to your coffin.

No thanks.

For now, I’m in cash, waiting in the tall grass — taking it easy while the rest of you toil like son of s bitches. Believe me, I’m appreciative of you. But you’re son of a bitches.

Nothing could save me from myself today, squandering a gift horse by punching it in the fucking face. I’d rather not delve into the details of my catastrophe, but let’s just say I ran when I was supposed to stop and stopped when I was supposed to run and ended up by the close flattened the fuck out by a tractor trailer of a tape that seemed to be just wonderful for everyone but me. This had a very last month feel to it and I hated it and I hope I positioned correctly into the close.

The thing is, it’s the allure of the 100% runners with market caps under $100m that keep infecting my mind. I see them as lottery tickets almost for free, but then they end up costing me a fortune. To do what I did today is more than a crime, which is only enforced by mortals. I sinned today, committed ecclesiastical errors from which lesser men are burned in hell for. I turned +1.7% into -2%, closed at the lows, all of the beautiful money washed away in a comical tragedy of my doing — both funny and sorrowful at once. I feel like, if being honest, punching holes into my walls — especially when looking around and seeing everyone sucking their own dicks with 40% wins, leisurely and without breaking a sweat.

I am the only one, in the whole wide world, who lost money today and because of my tomfoolery, I will most likely be ENTREATED to another day inside hell at the open of trade tomorrow. Now with an 8.5% gain for Oct, if I open down more than 1%, which would be SOMETHING ELSE since I am hedged, I am calling it a fucking month and punishing myself by being forced to do something other than trading for the balance of October.

You thought the market was back to normal, normal as in small capped stocks ripping the faces clean off bears. We had all of the SPACs and early 2021 stocks performing admirably this morning; but the tape was led higher by NVDA and mega caps who outshined everything else.

Then the tape weakened and then it collapsed — red candle after red candle on the $IWM, all the while NVDA and mega cap fucked faces held up, masking the sickness.

The mistake I made was loading up and thinking for a moment we were in the clear. I had visions of Grandeur, pomp and circumstance — me gallivanting though-out the house ordering Mrs Fly to “cook me dinner.” Alas, after it’s said and done I managed to piss away my 1.7% gains and cloth myself in the garments of a homeless man — now down 1%. I do not even possess hope anymore, as I’ve sold out from my positions and went short, all but assuring some sort of malevolent chicanery is soon to overtake my person.

I will of course need some longs, JUST IN CASE. But truthfully, we’ve been on a big run and there’s nothing wrong with a little pullback before another leg up. I am just so accustomed to failed rallies and bullshit that I have resigned myself to CATACLYSM and look forward to it.

Bottom line: I am +10% for October and I’d cut my dick off clean before I let those gains dissipate into the final week. I tried a very bullish book and we collapsed on it, so now it’s back to basics, methodically whoring myself for 1-2% gains — limping into the final week of trade.

I wanted MOAR and I had designs of very big wins, very big — believe me. Last night we traded the AHs session until 8pm and it was fun — felt like the old day. I woke up at 4am hoping to see some of my stocks up 400% but I only spotted 1 up 25% and I opted to not sell it — because greed. I ended up with much less and have been trading all morning. My gains reached a climax of 1.7% and a low of 0.3%. I am now in the middle +0.95%, with many positions already closed out — preparing for an afternoon lull.

It’s important to note that I am accepting of this fate, mature enough to understand I had a window and it passed and now have to wait for a new window to come. I gave back some gains due to overly risky trades — chasing stocks already up big because…greed.

On a solid note, it appears the semis are back to winning again, led by their leader NVDA.

It was just a short while ago when NVDA was sucking dicks under $200, now look at her.

On a side note, we are doing a live demo via $ZM for Stocklabs between 12-1pm. To join, ask for an invite at [email protected]

Back to trading.