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4,790,000 SEK Dealmaker - Maybe Greece will leave the Euro but I think it has to be their choice and at the moment they want to stay. Just didnt think they would leave now or that the EU would push them out. As long as they stay within the Euro a way will be made to convince EU voters that they...

Exactly. Across the board rules dont apply to all systems or situations. Thats part of what I thinks makes this hard for noobs. An experienced trader states a rule but they dont understand their system or context. Having a stoploss at breakeven can give your more room for the trade to work so...

4,725,000 SEK Looks like the deposit withdrawals forced the Greeks into a deal. Still lots of potential for trouble as it goes through various parliaments and perhaps a replay in 4 months time, but anyway today its sunny and markets shoot upwards.

4,670,000 SEK Well I made the mistake of trading my P&L instead of the market and took off the leverage too early as the Euro markets went higher. Just wanted to take some money off the table but it was the easy trade and should not have done it. Should have held longer until the momentum...

Jake - This type of question comes up very regularly. You can probably find some good advice if you search the archives. If it were me in your position: - Read all you can. Many books and advice can be found on the internet for free. - Start trading as soon as you can and try to find your...

4,625,000 SEK Still surprised by the continued strength of this upwards move. This week was helped by Swedish central bank reducing the repo rate to -0.1%. The Swedish tax authority are now also rapidly looking at new proposals. Apparently the rules didnt envisage the state borrowing rates...

Since I am not in the US SIPC doesnt apply to me. Its not so much about deposit insurance but rather having different levels of risk in separate accounts. Ensuring that if the trading account does actually blow up one day for whatever reason you have enough funds in other accounts to start again...

I am interested to know how full time traders split their total wealth between various accounts. There was some discussion in another thread but I think it deserves its own. For example do you keep it in all in the trading account or have separate accounts for long term investments and/or cash...

Normally swing trade indexes. Use internet at work and also smart phone. Sometimes very hard to concentrate at work depending whats happening in the markets. Its a question of priorities and at the moment making much more money in the markets so just have to make time at work.

I have been reading your journals with interest. It seems an emotional roller coaster ride. The above post event psych analysis and others to be honest just seems like BS. If you have a method which works, im not convinced but anyway if you think you have then i suggest you automate it. There...

4,500,000 SEK Not much happening at work or in markets. Sunny day and fresh snow when woke up so spent the day snowboarding. Typing this with coffee in nice warm cabin. Doubt it will continue but great start to the year. Already matched after tax salary and half way to annual target.

S Sure each leveraged trade could go bust, but you dont need to leverage the whole account to get high equivalent underlying or use instruments which can go negative in a big way like CHF positions did. Buying options or leveraged certificates is an easy way to get leverage and wont go...

I am glad you know your trading limits and inability to handle leverage but please don't assume everyone is like you and not everyone blows up. Some people actually know what they are doing. As a quick example, how are you going to blow up if you only leverage up on winners and have stoploss at...

Maybe hes just better than you at this game or using a very different strategy? Not saying I could do it or would want to do it but you can hold a lot of underlying with 150k. e.g. leverage of 3.33 would give you 500k and 20% return on that is 100K per year. Looks reasonable living to me even...

4,480,000 SEK Seems I am wrong and making money which makes a change from being right and losing money which has happened many times in the past. Didn't think the Euro Markets would jump so much after QE announcement which I thought was priced in. Maintained a net long position (its a bull...

I dont know anyone who has turned say 1000 USD into a million just by trading but I know people who have taken out loans of ca. 100,000 USD to invest in times of panic 2008/9 etc and turned them into half a million by doing very little. That seems a much smarter and viable route to me. If you...

4.430,000 SEK Lots of big Swedish companies reporting this week. Most of them seem to be doing well. Major banks still available at PE ca 13 and 5% dividend. Not done much the last week. Just waiting now until the next dip and hope it comes before the options I sold expire so I can buy them...

4,370,000 SEK Well the EU printing presses have started and the Germans pretend to not like it even though they will benefit from even higher exports, lower state borrowing rates and an unnaturally low exchange rate given their economic strength. Can't help but think another Greek election...

Started the year at 4,060,000 SEK (carried over from last years thread) and now at 4,250,000 SEK. OMX hit new high today and I sold almost all leveraged positions before ECB meeting. Now hold ca 4.5 M SEK in Euro indexes (mainly OMX). Just seemed a good time to take some money off the table...

Like iamnobody indicates you cant just look at this in isolation. In the current bull market, as long as earnigns are holding up and I dont think a recession is near, then a few times a year I have put 5% of total equity into a x20 long positions if indexes have fallen 10% and a bottom seems to...