Journal of a Professional Irish Gambler

That to me is what happening as some countries central banks still agree in secret to continue to print more unearned counterfeit fiat currency , thus devaluing them. They do this so as to avoid capital flight and force internal property inflation and foreign investment. This damages greatly those countries that don't devalue in this way. That is what is happening with the Japanese, European and British central banks releasing trillions of casino chips in 2016. They did this so as to further prop up the stock market and create euphoria and speculation 8n it and property Construction. Enjoy the ride, don't fight it when betting.  But remember, when banks in that country begin to don't trust banks again, or central banks begin to don't trust central banks, take your money out and go the other way with your bet. Banks CDS and mortgage lenders were the irrational connected monkeys up to 2008. So, are the Japanese, European and British central banks the new irrational ...

I am out of sync and I want to change it. As I am positive person, why do I gleefully celebrate 84 people mowed down in France. Because it may mean my stock short gamble bet may benefit from it. This is so wrong. And morally bent out of whack. My betting actions, from now on, win or lose, have to be in sync with my own positive thoughts. It must match my positive beliefs, words and character when dealing people each day. So if I say it is shocking, then I should bet against that which does not support my beliefs Or I should not short at all so as to not benefit from it. Or just bet when there is no tragic news.  I should only ever be betting long in these tragic moments as that is more positively supporting everyone. As humans, I believe, are inanely good not greedy. So, from out of this tragedy I have learned I should bet long or increase my long bets. from now on, I will bet on humanity over tyranny. "Non resistance, non attachment and non judgement"...

Yes in Feb 1999 I bought 1920  AMZN at 52 AND the next days sold at 64. Topped at 110 in April l999. Fell 65% to 44 in August 1999.  Rose 110% to 107 in Feb 2000. I thought I was a genius in Feb 1999 and would make money easily this way. I did not realise I could have picked anything as the tech sector was in the mid cycle of the most amazing two year bubble bubble which started 1 year earlier and ended 1 year later in March 2000 when it fell 30% in one month and came crashing down 100% to 1998 levels again. It crashed to 7 dollars per share by Nov 2001. Within 18 months of March 2000 there was four 10-30% false upwards corrections. This would have been Great for the person whose great strategy was to surf it down for 2 years from the top, shorting another 30% of FF with every 25%  correction back up. Long in bonds prices would have been a less emotional ride and a great strategy too.  They doubled in price in 2 years. Amazon AMZN temporarily topped in e...

Why was I not more positive and did not bet on growth and inflated stocks spiked by easy cheap credit and devalued currencies? Should I change and trade QQQS QQQ between the M200 lines or not that is the question In October 2015........... I betted on QQQS,  a triple ETF short on the Nasdaq and two months later I was on holidays waiting for my Haitian lover to arrive at my place in Santo Domingo, and I got really scared I was on the wrong side of the bet. From the balcony I pressed the button to sell all and save myself from an embarassing jump to the upside in the Nasdaq. One week later it started to severly drop not rise, it dropped and dropped and dropped and I did nothing even though I was a lover of shorting it. I would have gained thirty thousand in a month if I had not given into my fear of being stabbed like a knife in the back by long black swan upside swinging. But when it reached below the low end of the 200 moving average, my fear came through, and it rose sharp...