177 replies to this topic

[punter]

close 1 gold short with 3 dollar interest income. keeping 2 to run.

 

still holding 5 sp long 4 that are still under water,

 

 

 close second gold short. only 1 left to test fed day gold low.

 

now thinking of adding more sp long.

 

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trading is really hard work...... and im really a lazy slob 

 

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added sp 2983 total 6

Edited by punter, 27 September 2019 - 08:43 AM.

[punter]

 

close 1 gold short with 3 dollar interest income. keeping 2 to run.

 

still holding 5 sp long 4 that are still under water,

 

 

 close second gold short. only 1 left to test fed day gold low.

 

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added sp 2983 total 6

 

 

added gold short 1494. now 2

[punter]

set 1480 as profit limit for gold shorts. going to bed soon v tired

[punter]

v troublesome, keep pushing out negative news.... 

 

still holding all long and short positions. ignoring all the bs and going to bed.

 

 

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that's why i say while it is in theory possible to possible all up/down, it is simply impossible to trade all time frames. there will be errors and mistakes. a trader without a system/technique to acknowledge and manage mistakes is not a real trader.

Edited by punter, 27 September 2019 - 10:59 AM.

[punter]

almost full day of physical training. only had time to study market data now.

 

still holding view that gold no bottom, sp no top. will do more testing ....

 

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i think many in power in US still fighting yesterday's war. it is sad, was expecting better. but hey that's why we have a market bcos human nature and self interests, regardless of countries, won't change.

 

nonetheless, still awaiting a fake truce.....

[punter]

many data points I am looking at point to a crash next year in 2020. maybe still too early to confirm, and of course I can cook up many conspiracy theories.

 

but it certainly does not look like a good time to make any long term fixed investments, until perhaps after the elections in 2020.

 

for every crisis, may come good opportunities. I am looking at starting a real business and perhaps use market timing skills for some real work.real challenge would a multi year bear market in the works.

 

US government keep saying US economy is in v v good shape. maybe thats true but it could also be the best it can be for a long time to come. I certainly dun see any good prospect, especially this time nobody is going to let anyone steal any money. time for real work.

 

the really good thing about a recession and bear market is that goods and services become cheaper, governments also become friendlier, essentially business environment is more conducive. and also a less cocky US/China making trade easier. already seeing that in china.

[punter]

 

 

close 1 gold short with 3 dollar interest income. keeping 2 to run.

 

still holding 5 sp long 4 that are still under water,

 

 

 close second gold short. only 1 left to test fed day gold low.

 

==============

 

added sp 2983 total 6

 

 

added gold short 1494. now 2

 

 

cash out 1 gold short. 5 points leveraged. left one. back to the same old support zone. dunno whether it will break.

[punter]

 

 

 

added sp 2983 total 6

 

added gold short 1494. now 2

 

cash out 1 gold short. 5 points leveraged. left one. back to the same old support zone. dunno whether it will break.

 

added back gold short 1940. now back to 2.

[punter]

some gossip. recently, reagan aircraft carrier group was surrounded and flanked by 8 chinese destroyers in south china sea. first time since WWII that a US carrier group was openly challenged in open seas. The chinese sending a message 'we can track and destroy u'.

 

im expecting some kind of texas showdown. yes the market will be going up soon bcos of fake truce. but watch for fire works next year.

[punter]

Fed day low for gold broken, looking for lower.

Sp still not up, waiting....