Posts

Posts mit dem Label "JPM" werden angezeigt.

Saturday, 03. June 2017

I made a mistake in my CFD account yesterday during the day (NZ day). I wanted to short Gold as the chart really looked good and i thought its due for a step down, looking at the longer term charts. So i set up the trade on Plus500 and pressed the button. Right away i realized i had forgotten to put in my custom position size and had just left in the Plus500 standard size. So instead of my usual 20 ounces of Gold, i had shorted 200 ounces. I couldnt take it off right away because the spread that Plus500 makes its money with had put my position $70 in the red. (Thats also the reason why i only want to stay with CFDs as long as i have to be able to have a account big enough to pass the PDT rule. Anyways, i was at work and i had stuff to do so i monitored it only sporadically, which is another mistake, but it was going my way and was up about $150 after just a few minutes. So i kept it on and watched it go to $350 before i had to focus on work and left it unmonitored for about 2h. Next ti...

Friday, 02. June 2017

ToS account turned down ever so slightly again today, i have to say though, the last two days were way more painful. I am pretty short now, having added shorts in JPM, XLF and IYR. Im also eyeing the semiconductor sector, based on some pointers Shaun Downey gave us. On the other side im hoping for CORN to go up in the next few weeks/months. I bought a few October 20 Calls, trying a anti Tastytrade ish traditional strategy for a change. Shaun Downey has sent out a nice report on corn last night and how it looks to be the worst year in the last decade, so that hopefully works out. I have also bought back the short call from the big call spread in TTD and it seems to have paid off. Lets hope that one keeps running a little more. Overall im not too happy with my ToS account. Its going down more than going up and i will stop putting on positions for now so i can transfer over a good chunk of money to Tastyworks as soon as possible. In the CFD account i have closed out two more sho...