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burrocrat's Account Talk
- Thread starter burrocrat
- Start date
W.C. Fields said he spent 90% of his money on women and liquor and the rest he wasted...
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burrocrat
Well-known member
ok, so after carefully considering all important variables and some other less important ones, it took me all of about 3 seconds to figure it out...
this is not doom and gloom, fight the fed, the russians are coming, my life savings down the toilet, or any of that other crap. this is not visceral fear heart pumping, this is not chaos. it is controlled demolition, booga booga.
so the twist is you don't have to be the first or smartest person on the bus, but it helps to know which route the driver will take. they cannot drive it straight over the cliff, at least not yet, so they got to milk it for some profits once in a while meantime. load up buttercup.
i'm all in.
this is not doom and gloom, fight the fed, the russians are coming, my life savings down the toilet, or any of that other crap. this is not visceral fear heart pumping, this is not chaos. it is controlled demolition, booga booga.
so the twist is you don't have to be the first or smartest person on the bus, but it helps to know which route the driver will take. they cannot drive it straight over the cliff, at least not yet, so they got to milk it for some profits once in a while meantime. load up buttercup.
i'm all in.
burrocrat
Well-known member
well dang, looks like i mistimed that entry by one trading day. late last week my gut was screaming "do it" but my brain was just too skeered. now i'm not sure how much i like being in after today's blast off. now my strategery can best be defined as hope that newton's 1st law of intertia is true, an object in motion tends to stay in motion. maybe i'll catch some tail end gains yet, and maybe not.
burrocrat
Well-known member
well then, fortunately i have a lot of experience in that department. there's always a bright side. it's just that sometimes it's not the side i'm on.
whacky, whack
Will go up and down. Mostly down. Meant to be funny but not so much.
konakathy
Well-known member
RealMoneyIssues
Well-known member
The sound of cryptocurrencies... dead
burrocrat
Well-known member
well well well, that is quite a pounding we took today boys and girls. the funny thing about the market is, it has no idea who it is messing with, yet. but sometimes it gets the best of me. that is ok, i only need to hit one shot to take it down.
now, i shoulda known when one of my indicators was screaming pessimism that i should go all in (stocks) and as confirmation another was screaming all out (the digicoin-some call it ether-made out of thin air-literally-just make the crap out of nothing) but i was kind of flippy floppy about that, skeered, and not sure now if i would've pulled the trigger out the next monday anyways, so that is how it goes. wait for it.
the good news is, it's a traders market with plenty of volatility (read margin waiting to be had) saddle up. the bad news is after being up about +4% now i'm maybe break even on the year, smooth moves exlax.
do you think it will come crank on the longs tomorrow again? how many longs will break, reach their personal pain point? when? soon? the other problem with the market is it just don't understand me. the harder it pushes the more i resist, i will ride this thing straight to hell. lashed up tight and smiling all the way, in the long run it matters naught.
the real secret to beating the market is to know the smell of sizzle when lightning is about to strike, the goosebumps and fear when the hairs on your arm stand straight up, that is the time. the other thing i enjoy besides poker and nekked women is shaking my fist at the sky. how'm i doin so far?
bring it. these market dogs got nuthin on me.
now, i shoulda known when one of my indicators was screaming pessimism that i should go all in (stocks) and as confirmation another was screaming all out (the digicoin-some call it ether-made out of thin air-literally-just make the crap out of nothing) but i was kind of flippy floppy about that, skeered, and not sure now if i would've pulled the trigger out the next monday anyways, so that is how it goes. wait for it.
the good news is, it's a traders market with plenty of volatility (read margin waiting to be had) saddle up. the bad news is after being up about +4% now i'm maybe break even on the year, smooth moves exlax.
do you think it will come crank on the longs tomorrow again? how many longs will break, reach their personal pain point? when? soon? the other problem with the market is it just don't understand me. the harder it pushes the more i resist, i will ride this thing straight to hell. lashed up tight and smiling all the way, in the long run it matters naught.
the real secret to beating the market is to know the smell of sizzle when lightning is about to strike, the goosebumps and fear when the hairs on your arm stand straight up, that is the time. the other thing i enjoy besides poker and nekked women is shaking my fist at the sky. how'm i doin so far?
bring it. these market dogs got nuthin on me.
burrocrat
Well-known member
i'm out, 100% G at COB. mistimed the trade by a day or so on the entry, but got lucky on the tail end of it, so far.
it's a little bit because i am unsure of market feelers, but mostly because i'll be out for a bit incommunicado in one of the largest most desolate cell holes in conus that i have been able to find, don't need to worry about investments or shiny gold or anything really, just gas and cash and food. ahh, the simple things. fittingly, i'm there to close down some old business so might as well close this market business down for a bit too.
now if i can just avoid the old girlfriends, which is hard to do in a town of 400, i swear lord, i swear to dog i try.
it's a little bit because i am unsure of market feelers, but mostly because i'll be out for a bit incommunicado in one of the largest most desolate cell holes in conus that i have been able to find, don't need to worry about investments or shiny gold or anything really, just gas and cash and food. ahh, the simple things. fittingly, i'm there to close down some old business so might as well close this market business down for a bit too.
now if i can just avoid the old girlfriends, which is hard to do in a town of 400, i swear lord, i swear to dog i try.
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