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  1. mervyn

    ES Journal - 2021/2022

    stop loss 75 points, in consolation nvda calls shot up. also bought 5 mes for june 2022.
  2. mervyn

    Dell 55 4k conference room monitor

    because the normal monitor stand is not provided, and the wall bracket is optional but recommended to hang, like a TV. Regular TV resolution is not very sharp. I do like the idea of one big screen for every chart, my order entry is on DOM, rarely click on chart directly. I can do that on a laptop.
  3. mervyn

    Green Trader Tax

    for all the time you save diy, 1.5k is cheap in tri state.
  4. mervyn

    China overtakes US as world’s richest nation as global wealth surges

    David P. Goldman used to say, the smart people graduated in China went into CCP and managed the China Inc. My two cents is that collision is not very good for the record of the drivers, everyone will try to avoid it. One thing they don’t believe is that economy can be on autopilot and let the...
  5. mervyn

    ES Journal - 2021/2022

    rode another 23.75 points from 4689 to 4693.75 before that red red candle finalized. You have to dial in and focus on 2000 4000 ticks and 1 5 minutes chart intensely for at least 15 minutes. done for the day. scaled down my position to 5 lot each since Monday, win small and lose small.
  6. mervyn

    China overtakes US as world’s richest nation as global wealth surges

    What is the argument here? We are all prisoners of our own time. If you were born black three hundred years ago you were a slave, literally. If you were born jew 100 years ago you were gassed. If you were a native of the new world, you were hunted. If you were white brown yellow and not making...
  7. mervyn

    Dell 55 4k conference room monitor

    anyone has experience with this one, as primary monitor to charts and watchlists? I am sitting 25-30 inch away from the setup.
  8. mervyn

    ES Journal - 2021/2022

    out at 4691, 28.5 points. a bit scary when shorted at 4689.75 and it dropped to 4681, but double my position when I saw the v at 4685 and rode all up less that 3 points on average. it is tricky these few days for sure, risk rewards are not here. i still carry 1 march 22 contract from 4602...
  9. mervyn

    US-China Trade Up 33.3%

    added my coffee mug $3.99 plus $2.14 shipping from aliexpress in Q4, that’s whole $6.13 en route. Wonder if I have to go to the post office to pay for tariff myself.
  10. mervyn

    ES Journal - 2021/2022

    been building up quarter size ethereum in the last few weeks whenever there is more than 1.5% drop, hope ride it out. I won't do crypto in futures. futures contract is a reference asset, with all the math behind it. It is akin to I never make money on USO but can scalp some pocket changes in CL.
  11. mervyn

    ES Journal - 2021/2022

    scaled down position size and done for the day, 42 points. these few days is tricky, everyone is watching the same chart, feels like casino run, win small and lose big.
  12. mervyn

    China launches 4 bln euro sovereign bond deal

    not necessarily. EM bond yield is on par with any of the US domestic real estate investments, i.e. your rental apartment, without headache. After HOA, property tax, SALT, you will be lucky getting 3%, without paying yourself a salary. I remembered the first China gov bond A+ was at 4.125%, 200x...
  13. mervyn

    institutuonal brokers

    State street or BNY, or some big custodian firms, you can get the teaser and see who is doing the bookkeeping, and the money is held.
  14. mervyn

    Green Trader Tax

    if that is what you trade and doing it on schedule c, other than some expenses deductions, there is no different between selected and unselected as tts.
  15. mervyn

    Green Trader Tax

    Would there be a tax due for unrealized gain after MTM selection?
  16. mervyn

    China launches 4 bln euro sovereign bond deal

    I used to buy some of China's dollar bonds, good risk reward in comparison of g7 issues.
  17. mervyn

    ES Journal - 2021/2022

    Retail sales on Tuesday seems make or break. NVDA earnings on Wednesday, Fed speeches second half of this week. just tiptoed 3 ticks gain and lost patience, better things to do on Sunday night. China retail sales beats expectations so I guess we will be ok onshore as well. Indecisive.
  18. mervyn

    Green Trader Tax

    Who is the alternative?
  19. mervyn

    ES Journal - 2021/2022

    Probably, NVDA earnings this week, but will trade cautiously..
  20. mervyn

    If you had to go public - IPO or SPAC ?

    For a SPAC, you need to raise money for a SPAC first nothing is easy. SPAC sponsor is making a promo, not from appreciation of the target company.
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