Search results

First off, I like to say thank you to all the ETers who read my thread and provided words of encouragement. Because of that I chose the right path and now making tons of progress. I wrote this in Aug 22, 2018. That seems like ages ago in terms of improvements in my trading, life attitude, and...

Closed at 40.31 and after hours 39.90 for a -30%+ one day return! LOL.

UGAZ is now $46.43, which is -19.69% overnight! and the day is still young. lol.

That's my point exactly. It has lost basically 99% of its value. I'm glad I was able to get out of this bagholding POS ETF at a slight profit. I bought in 2017 and finally got out in 2018.

Whew! So glad I got out of this! It's now $57.82. This ETF is not for buy and hold long term.

why is this crazy? If it goes up by $50-$100 a day then that will be crazy. So far it's a pretty normal move. Reading Market Wizards, the last great bull market in gold was the late 70s when prices were moving several hundred points a day! This is definitely not those crazy times(yet).

You think so? I really don't like the up and down swings. It looks to me as though it's breaking out for real now... I'm waiting for it to break through $1300. I'm still holding my calls. I actually added more..

gold closes near the highs... Good sign..

I'm glad I added more to my original call options position(up to 28%). Today it's finally paying off! There was some scary moments. If I were to redo this trade, then I would sold at the local highs and buy back at the local lows. I know it's hindsight. Last week when my calls went down 50% I...

I'm cautiously adding a little more. A 20% increase in my total lot size. If this works out then I'll add more. But I don't like this slight pullback now.. Let's see...

This morning I woke up late. My gold call options not only recovered its fall yesterday but went to new highs!! The question is do I sell, hold, or add ???

It rallied as high as 1262 while I was at work. I thought finally it was the breakout I was looking forward. I had a day of meetings. Then check after my meetings, I couldn't believe my eyes! GC went back 1246. My call options lost like 50% right after Fed speaks?!!! I'm still in it because I...

Yes. $1259. Break out to $1300 would be really nice...

Yet another gold rally. Will it hold or be yet another failed breakout... Time will tell.

UGAZ is now $82.52. Though I could have gotten a better price, I'm glad I'm out at $122. I was bagholder of this POS for a year. haha.

When dollar goes up, gold goes down...

I used to think Robinhood is useless for daytrading. But lately I have changed my mind. It's actually not bad. I have my IB up with all the charts up. It's crazy but I use finviz(free version) and Robinhood for quick in and out scalp on Robinhood. seems to work...

unbelievable. GC is down when futures are red? Definitely not a safe haven...

Gold is such a POS. Not a safe haven even when cryptos, equities go down. Even when dollar goes down. haha

I put a limit order on CL way out of the range. Then it got hit and I flipped out of it for $200 in 26 seconds. Now gotta go to work. All I need is for GC to breakout... It's still holding up around $1250 which is a good sign. But it really needs to breakout and race pass $1300 then we'll all...