4 Honestly, if you were never part of the 12631 chatroom, you are at present a derelict. Even monkeys in a confined room can eventually write Shakespeare, as has been purported.
So I am penning this post as an official goodbye to my degenerate trading buddies inside 12631.
I am at that point in my trading/investing career where I need to make a decision, take the road less traveled (no Frost) or continue down what my investment banking buddies call “the easy way out.”
Due to my personal health, occupation and other duties I find myself less in tune with the day-to-day movements of the markets; those inner workings of that beautiful, yet deadly, bitch …the market. Being less connected has resulted in sub-par returns recently and more stress than could ever have been anticipated; and yes, you old men, you, I was trading during 2008. Though I was less intuitive and informed, I had still been trading as actively as if I was John fuckin Wayne gripping a wench while riding a horse sideways with an ice cream cone that has the really bad flavor that none of the kids want (No ENPH).
It’s as if I have finally realized that I don’t need to catch every move, I don’t need to watch the market tick for tick, I don’t need to constantly refresh my account to see how many bps I outperformed that day. Oh, and by the way, I outperformed $SPY by .53bps today, in case you were curious.
Back to my point, I dont like panic, stress and sadness. Its not worth it. Think about it, how many Forbes Richest 500 People in The World were strictly technical analysts. This post is in no way a bash on that technique. Shit, I started with it and still use it daily, even when I plan where I want my next big investment to be purchased. Don’t you worry, I will still be in The Game as an active participant. I mean I do work in institutional investing, but its time to take a step back. Perhaps commit a hate crime or gut like a pig a companies capital structure.
This is a long post. So for the ending with the fireworks I want to say thank you and see you all later; @ChessNwine @RaginCajun @Raul3 @dominator @Bernie Cornfeld @Dirk Diggler @mickeyp @clemer @tpain @HawaiiFive0 and anyone else I have forgotten. I owe something unique to each and everyone of you.
Peace
TheHarper
4 Responses to “A Goodbye to the “Sell Too Soon Club””
The Equalizer
Damn. Sorry I’m late on this. Congrats dude. I’ll do what I can to fill in the gaps, but you’ve left some big shoes to fill. We’ll see you out here on the main page.
As for the market, relax, fuhgeddabaddit. It’ll be there when you come back. You’re still in the game, and you’ve got an opportunity to learn things some of us retail schlubs will never learn. Go do that. Bank a fuckton of coin. Write down the cool stories, forget the names, wait long enough that it doesn’t matter, and regale us with stories that make those of us on the outside drool with wonder and fascination.
Good on ya. Take care of yourself. Health first, mental and physical. You can’t take that aforementioned fuckton of coin with you when you go, so do what it takes to be healthy and long-lived enough to spend every cent of it.
Hawaiifive0
Your absence will be felt. Sorry to see you go. Best!
Berniecornfeld
Sorry to see you go sir, but I know what you mean. You know where to find us if you get bored. 😉
dominator
Harper, that room will be lacking with you in absentia. All the best to you sir!!