Amazing, i managed to make money counter trend :)
to be honest, i thought Gold would go up to 1230$ but the intraday high is 1223$ so i am okay with that. Gold almost managed to shake me out of the trade! This was hard for me to stay course while it went from my entry at 1206$ down to 1190$ two times all while i thought the low was in! But i thought everyone else is feeling the same so let them sell first, then it reverses and goes up again, it worked :) I entered at 1206$ and exit now at 1220$ Leverage that by 2 and arrive at 2,3% gains in 9 days. New Balance 108´028 As i wrote in the last posts, even dough hedgefunds are famous for their leveraged bets, hedgefunds rarely have more than a leverage of 2 on their whole portfolio, so even dough i use puts with leverage of up to 4,8 sometimes, i calculate with just 2 to get a fair comparison. Dear Home-Owners use this year to sell your speculative Real-Estate, do yourself a favour! Dear Southern European Government Bond Holders use this year to get rid of all Government-Bonds! The ECB is even picking them up from your doorstep, you just need to say the magic word: "Sell" Cheers :) Comments are closed.
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AuthorPascal |