Mon, Dec 1 - 8:00 PM Gold P&L: -$30K (clawing back from -$56K) First trading day of December done. November’s finally dead. Good riddance. Silver closed at $32.52. Up 18% in eight days. Of course I bought gold instead. Of course silver’s the one ripping. Hot money’s piling into December silver calls. Too short-term to chase but... damn. Watching the wrong metal moon while I’m underwater on the “right” one. I’m becoming Tom. He always buys AMZN at the top then sells covered calls until death. I always buy metals at the top then write journal entries about it. At least Tom laughs about it. “Coffins don’t have pockets.” “Your win rate for the alerts suck.” Yup, can’t argue that. Last few have been turds. Then Martin’s email landed today too. His “not inconsiderable investment” comment hits harder somehow. More polite. More disappointed. Can’t blame him -- I’m mad at me too. What do I even reply? Everything sounds defensive. “Sorry November sucked”? “Trading options is hard”? He’s gone. They’re gone. The gold trade from $5 to $49 -- he was on the list when I sent it. Could’ve made $4,400. But November’s choppy losses are what he’ll remember. That’s the territory. Always has been. When you managed money, wins were their genius, losses were your fault. At least back then they’d ride out drawdowns. Now? One bad trade and they’re gone. “Fancy write up.” Still spinning on that one. Is it a compliment? He paid $2,500, so maybe the write-ups worked? Or is he saying I dressed up bad trades with good words? Can’t tell. Probably doesn’t matter. Writing “Stop loss triggered at $642” knowing people are about to eat that loss... knowing my name’s on it... knowing my own account just bled the same... Stings twice. They blame me. I blame me. Sometimes I think I want my subscribers to win more than they do. Looked in the monitor’s reflection earlier. When did my hairline start running away? Last week? Last month? Sometime during November’s sell-off? Early forties. Can’t grow a mustache but going bald just fine. Even my genetics are short conviction. Every stop loss alert I send, I count down. Three cancellations. Maybe four. Nobody emails after wins saying “let me buy another year right now.” That’s how it works. Losses get emails. Wins get forgotten. I forget them too actually. Just remember the stops. The complaints. The cancellations. Tomorrow I’ll publish another trade. Someone will lose money on it. Someone will email me about their “not inconsiderable investment.” The data costs. The research hours. This journal entry took twenty minutes of staring at the silver chart. Nobody sees that part. They just see the stop loss. Silver’s begging me to chase it. Those December calls... No. Stop. Already screwed up gold. Don’t compound it. But I probably will. That’s what I do. Buy tops. Publish trades. Read complaints. Repeat. Twenty-two years of this. Still here. Hairline retreating but still here. Tomorrow’s a new day of opportunity. About This Journal: Every entry documents what really happens at my desk. The losses, wins, and everything between. Josh Belanger's results are not typical and are not a guarantee of your success. Josh is an experienced investor and your results will vary depending on education, work experience, and background. Josh does not personally participate in every investment alert he provides. Due to sensitivity of financial information, we do not know or track the typical results of our students. Josh’ strategies may not always be accurate, and his investments may not always be profitable. They could result in a loss of an entire investment. We cannot guarantee that you will make money or that you will be successful if you employ his trading strategies specifically or generally. Consequently, your results may significantly vary from his. We do not give investment, tax, or other professional advice. Reference to specific securities should not be construed as a recommendation to buy, sell or hold that security. Specific securities are mentioned for informational purposes only. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, investment strategy, or individual’s investment does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. |
Senin, 01 Desember 2025
Your win rate for the alerts suck.
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