The Life of a Leveraged Long

Seldom do I find myself positioned more than 100% long because, well, I like to have some maneuvering money and margin calls go against my general avoidance of confrontation.

However, sometimes, one must confront the brutal facts and take the penultimate step toward winship. This duty is not to be taken lightly. You are now using someone else’s money. In this case, the someone else is an edgy money dealer who won’t hesitate to stab your backside.

I started my day like any other day, waking well in advance of the sun (big ups to the Winter solstice) and taking a shower in pitch black. If you are fortunate enough to have a shower in the interior of your home, one free of windows, you should practice pitch black showers as they will build channels in your brain. Trust yourself to know where everything resides in the shower stall, after all, you use it at least once a day (I hope).

Next I prepare a nourishing breakfast. No less than an entire can of beans, an over sized bowl of spinach, and 5 whole eggs. This feast is brought to my desk via a novelty tray.

I consume said fat and protein while catching up with the overnight news, marking price levels on my charts, and occasionally enjoying some leisure industry reads.

After penning my ideas for the morning via the iBankCoin blog I shut everything down and listen to myself breath for a while. There is no duration to ‘for a while’ it really depends on how long it takes me to settle down.

Then the market opens. At this point one should always keep their portfolio shrouded in mystery, its PnL is a distraction. Instead I vehemently observe the opening auction and grind out a few 15-20 trades, effectively providing liquidity to the marketplace at a modest price.

Then I go to my source for all matters trading, The Pelicans, and see what they’re onto for the day. At this point I will open my stock and option book. I look for big anomalies in case I have overlooked something on the charts, then I close the book back down.

At this point I make some gourmet coffee. First I grind the beans. I take a moment to closely examine the oil on the bean and its shape then grind them methodically into dust. Next I open the grinder and take a large inhale of the bouquet the beans release, truly a special part of my day. They are slowly brewed via French press and usually accompanied by some grapefruit juice, coconut grease, and perhaps a few slices of prosciutto.

Now, high off of the only drug I use, I take to twitter and tell jokes. Most receive little-to-no feedback but I’m high, so fuck it.

As we round out the lunch hour I close my trading books and decide on a lunch. I purposely choose something several miles away because the sun is shining. On my way I stop and talk to the Italians, then the Arabs, then finally procure my Mexican food.

This food is consumed slowly. Chicken, shrimp, and steak fajita mix with no poison shells or chips but an extra side of authentic refried beans and guacamole. I will drink this heavy meal down with kombucha tea to aid digestion.

As the market closes I closely watch where all my positions are trading and pen a blog. If I need an extra kick to get over the finish line then I will have a shot of unfiltered apple cider vinegar.

No adjustments are needed today. My bed is made. The cookies are out and now I must consider vigorous exercise to keep my otherwise sedentary body nimble.

Top pick is TWTR, especially if they fire Dick Costello, FTW.

 

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