This is why I trade, to come back from a nasty
-$113 day with balls and be swinging like nothing happened. I do not at all watch sports but I am assuming the best batters in baseball probably average a .3333 stat or some sh*t. So these as*holes get paid $20 million to hit the ball 1 outta 3 times. That some bullsh*t. Trading is the same. So I take that back, that not some bullsh*t. Like everything else in life unless YOU know you not gonna live tomorrow, I use the motto "tomorrow is another day" and that is it, that is how I trade. Drake uses YOLO but if I traded YOLO style it be a wrap, I'd be begging on the streets of Gore Rd, using the washroom at Sobeys and also using their Axe body spray cuz I'd smell like a*s. That is why I don't trade YOLO. $IBM was a prime example that you just gotta keep doing what you are doing, just stick to your plan and follow your rules and let the market gods bring you the setups, all you gotta do is just bring some money to the table.
This was a NASTY move, it was a NASTY setup, it was a ONE SHOT, ONE KILL play. Reminds me of those cheap as* suckers in Halo or Call of Duty who hide in the corner and sniper people. (I don't play video games btw) I play house house with my brother.
I shorted this lovely stock at 193.94, closed my eyes and went to sleep. Bang Bang will tell you the same story. Look at the setup, $IBM made a move down for the first 2 minutes of trading (big red bar) and then it started its slow climb, poor thing couldn't climb back up and that is it homies, thats a sign of weakness to me and that is when I got out my short GUN and started to assess my risk and put in my order, it was a wrap after that. F you yesterday, I trade for today.
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