It’s true, and just reading this brings up reflection on my own greatest recent failure. I’ve written about it in comments, but haven’t given it the full article yet.
It’s coming though.
I trade stocks, well used to trade, not trading at present. I fucked up bad. I was leveraged heavy short the S&P500 via long At The Money SPY Puts and I got distracted and capitulated at “the moment of capitulation.” The absolute worst fucking time to capitulate.
It’s basically when the market makes a push higher, right before turning around to the downside if you are short and would be opposite if you are long, taking a dip lower right before a big move higher.
I lost my ass, but had I held, would have made 3 times what I lost, and that made it so much fucking worse.
I’m trying to get over it still. I’m working through it. I don’t want to complain about it anymore. I’m looking for the good to come out of it.
I’m on here now, reading shit like this, not that your writing is shit, it’s good., it’s real fucking good man.
It’s part of the process to break the cycle, it’s real fucking humans going through similar shit trying to do better without the filters of editors.
Thanks
