iBankCoin
I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
4,121 Blog Posts

Eyeballing These Setups

That’s about all I can muster the strength to do, with these long setups, is give them a good eyeballing.  Stare as I might that is not how babies are made.  I took one shot long today, in the afternoon, via the GOGO, but then Ebola hit the wires and I bounced.  Planes, internet, Hazmat suits, extended pounce by the Nazzy—it is all too much to bear being bullish on airplane wifi.

Stupid Ebola, messing up my longz, lol.

I here crazy stuff like this all the time, cursing external events.  Let me bestow a gem from Marcus Aurelius.  This one applies so tight to trading you would think this guy scalped spooz for a living:

Objective judgment, now at this very moment
Unselfish actions, now at this very moment
Willing Acceptance, now at this very moment, for all external events.  That is all you need.

Cultivating this mentality, this little piece of stoic acumen, might be the change you need to clear a trading plateau.  Make a plan, use your logical mind.  That is what makes us human and superior to other mammals.  But remember that your emotions have the strength of a bucking elephant, and can take you on a wild ride plan or not, unless you strengthen your inner peace consistently.

Still struggling?  Lose a vice for a bit.  Just don’t press to hard or you might end up in the old padded room.  But be honest, are you working hard enough today?  You might not like the real answer.

Some call it Midwest work ethic, others immigrant gumption.  I call it look at the alternatives because they suck.  An oppressive corporate structure is not a real life to live.  There was some disturbing stat on twitter this morning (has the be true because its own [sic] the internet) that Americans forgo (and here’s my guess) a few ten thousand hours worth of vacation days each year.  Ah, such commitment, but for what?  Your own worth or the Lord of the Manor?

I will leave this comically long tangent and return to my point—I am stuck in risk aversion.  Here I sit, shotgun in tote, not buying the nuts off this dip.  All this sitting made for an admirable comeback, I did not puke, but not fear profiteering.

I liked SPLK, watched it rip a 10 bag.  I loved SUNE at $14.25—up up and away.  I even fancied ‘the man’ himself, LNKD for a minute, a bastard stepchild of the HR department.

TZA stopped out fairly early.  GNRC is looking good, TWTR is trading like someone knows the earnings are weak, BLOX is still at work, and XON is a hungry looking beast.  But there could be more winship.

My goal into the weekend, pony up and find a chart to buy.  Hopefully it sticks or I will be out said chart in 20-30 minutes.  Perhaps strenuous exercise will quell this aversion spell.  Or smudging some thickets of sage across the mother ship.  Or a vigorous mopping.  I shall do all three.

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6 comments

  1. UncleBuccs

    Raul – I have 544 hours of vacation on the books. 440 is allowed to be carried over from one year to the next. I’m employed in a “consolidating” industry. Bad things happen behind your back when you’re gone too long… That’s my excuse, I guess.

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    • Raul3

      Goodness UCB, sounds like you need some loyal minions, I had two in my day

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  2. newbalance

    “smudging some thickets of sage across the mothership”….please, wtf does that mean??

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  3. matt_bear

    My company allows for pto cash out.

    Vacation time!? Go teach 3rd grade public school.

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