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That is similar to what I do a few times a year during relief rallies. However I would buy more at the start and lower the amount each time so the average price doesn't increase as much with each step. In the situation described on day 4 if I was still thinking the market would rise I would...

Cut and pasted from wiki " Income tax Sweden has a progressive income tax, the rates for 2014 are as follows: 0% from 0 kr to 18,800 kr (~0 - 2,690 USD) Circa 31% (ca. 7% county and 24% municipality tax): From 18,800 kr to 433,900 kr (~2,690 - 62,140 USD) 31% + 20%: From 433,900 kr to 615,700...

New year so started a new thread. Was having a look at my notes from this time last year reviewing 2013 and pretty much all of it applies to 2014. This is cut and pasted from a year ago: “ · Finally had a core plan. Stuck to it fairly well and it worked. Understood importance of...

You mention 20% for 2014 but thats only 6% above the SP500 with dividends. What are the 6 year returns you mention and general strategy? Plus max annual drawdown and volatility ? If you have only traded for 6 years you have been in a monster bull market so its difficult to not be successful if...

Finished the year up 48% at 4,060,000 SEK

4,100,000 SEK Quiet week markets closed most of time. Look to be ending year near high. First time for this account above 4M. Been a good trading year and 8 year old Volvo started having problems so switched it for a VW Passat. QE in action :)

3,950,000 SEK Bought the dip again as US economic data continued to improve. Was stopped out on Mon and Tue as the rallies faded but did enable me to buy back the options I sold for almost nothing. Things took off Wed. Bought leveraged positions in SX5e < 3000 and Tesla < 200 USD. Will look to...

3,800,000 SEK Traveling in the US last week so didn't do anything. Looking at index levels now. Quite a few in Europe are down 5%. May start buying back some of the stuff I sold a few weeks if markets stop falling.

3,925,000 SEK No major change from the ECB yesterday. The tax rate on this account has now been set for 2015. It is only 0.27% of the total :) It is set at 30% of the Swedish state borrowing rate at the end of Nov 2014 (0.9%). It means the tax I have to pay on this account next year is...

Here is an update of the equity curve since the start of this account. At least the high and lows are in the right place ;)

3,950,000 SEK Surprised by the strength of the upward movement recently and the options sold last week for 20,000 SEK are now ITM and would cost me 60,000 SEK if I had to buy them back right now. Overall still long so the account is up again but no more highly leveraged long positions left to...

How do I narrow the field in ETFs? Been trading mainly euro stocks the last few years (see journal thread). Mainly Euro 50 / SX5E, DAX and OMXS30 due to a combination of reasons: - Europe looks cheap compared to the US and has done the last few years. - Im based in Sweden and so its easier to...

Been having a browse through this thread. Not much more to add to Redneck's great post above. Make the decison, accept the risk, walk away and let it run. Random shit happens and you may always be able to come up with some psychological stuff in your own daily life to self justify why you did...

Been interesting reading through this journal. Many things remind me of things I did or stuff I tried. In the end, for me and my situation, im coming to the conclusion that individual stock trading is just not worth the extra reward given the extra psychological (more volatile, more random shit)...

3,800,000 SEK Pleased that account is at new high but also rather annoyed that I sold stocks on Mon after a period of markets going nowhere for two weeks. Otherwise would be nearer 3,900,000 SEK. Day after selling markets rise again. Ah well thats life, win some and lose some.

3,700,000 SEK Travelling in China with work so quiet week with not much internet access. Picked up premium of 20,000 SEK selling OTM options on the OMX index with one month to expiry.

3,725,000 SEK Reached a new high of 3,800,000 SEK during the week but now dropped off a little as markets down ca 0.5% at time of writing this. More selling this week as upwards momentum fades. Very little leveraged OMX certificates left now and not enough to make a difference. As the leveraged...

Interesting read. Some good advice in there especially sticking to a well defined plan and keeping emotions out of it.

Currently at new high 3,710,000 SEK :) First day that I am selling today and lots of it! In particular the leveraged certificates and warrants with OMX as underlying bought during the most recent dip. Both OMX and SP500 are back near highs. Still holding DAX as it has not bounced back (yet?)...

3,250,000 SEK Seems like another V shaped dip/correction so far just a bit sharper and deeper than normal. Corporate earnings and US economy (jobs etc) still seem to be making slow progress so thought it was yet another dip worth buying. Bought into it using x15 certificates rather than options...