running money - 35% a year

I'm increasingly getting very bored, its been 2 weeks or so, I'm getting itchy fingers, Most likely another 3 weeks of no trading, That'll be itchy fingers and itchy toes. No idea what I'm going to do for the next month of doing nothing.

I might trade 100 shares of SPY to keep my eye on the ball.
We'll see, hopefully we get to trade soon. I want to make money.
I want to make money but only with homecourt advantage.
 
Quote from coolweb:

market looks bearish to me,
anybody buying this market will be marked. idiot :)
More...

lol, know before it happens, don't waver. You will make money.
 
Was banging a chicklet during this whole market drop, whatever it is.
Its like watching a money train moving at light speed but in a zigzag format, you wonder: should I try to hop into a zigzaging money train?

a. I have had my parents/family sell their complete 401k fund out of S&P longs 3 days ago :)

b. 100% in cash, not 1 cent in the markets.

c. I think even if I was shorting the market, the market moved 3 or 5% within 10 minutes, I do not have the capabilities to be even watching the market then, 10 minutes is a small small timeframe to build up a position OR to sell a position. Theres no way I can build a position within 10 minutes, my fingers are NOT fast, <b>most importantly theres not enough time to calculate risk.
</b>

e. I think not being in the market is a better action then being in the market. No need to be in a market with such unexpected moves.
Fast market = Fast gains = Fast moves = <b>Impossible to risk control.</b> = Not my thing.


f. I'm the guy who storms the castle walls, AFTER the 10 year siege has taken place, AFTER all the occupants have been starved , AFTER both opposing and defending armies have been cleaned out, wallace my ass while looting whats left. The only players worth their salt are the ones that are still standing during chaos. THEN ITS $$CLEANUP$$ time.
Its not exciting but it is riskfree.


Its good to be standing, Lets watch what happens, Bias = Bear.
 
Thoughts on metal and protection.
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My prevous thoughts on GOLD, was it would be a protection against currency risk, since most of our money is in currency, euro or usd, Both currencies seem problematic.

Whats more valuable a GOLD bar or a Company with revenue? What is more "in demand"?
a. Gold would have more demand during complete chaos, such as war or complete gov collapse.
b. Company with revenue would have more demand during right after a recession leading up to an inflationary period , but not during a complete gov collapse.

1a. currency instability = asset inflation (ie. zimbabwe or vietnam 90s)
1b. gov instability = total collapse of currency and asset prices (ie. thailand , african countries)

Good listed companies > Gold = when gov is stable.
Gold > Good Listed companies = during total chaos.



What should we be expecting in the US markets?
 
Actions to be taken place:
While gold hasn't shown me its going to run up yet, In fact it could be topping soon. When gold does show me it has bullish intentions, ill hedge all of my USD with gold in futures 1 for 1.
0 leverage. Money in the trading accounts will be stored in gold instead of EUR. or USD.

---------
It will be extremely important to be one of the few standing during complete chaos.


a. if US governement has GOLD outbound restrictions, it will be introduced as a bill or there would be rumours.
b. At first sign of rumours or introduction of the bill-> Money will be dispersed to a few different countries, still in gold denominations.

c. After the Chaos, and confusion has ended, and USD or EUR has probably devalued 30% or revalued 30% lower, I will convert all gold funds back to currency and buy solid listed assets and property.

Game.
 
All of my actions will strictly follow "price action patterns"
Not just ideas,
I believe it will happen in consecective manner or pattern, sort of like this:


EUR down -> USD goes UP in relative to EUR-> US Stockmarket goes down -> Stock gets super depressed -> USD goes down big while stock is in depression! -> CHAOS with gov + stocks in depression + USD currency problems -> Government restricts gold -> Gold does super rally -> USD becomes devalued -> I sell gold and convert into USD and buy assets.

1 after another .
buy low sell high, no doubt.
<b>
Timing needs to be impeccable</b>, I believe it has to be consecutive continous asset transfers.
 
New things-to-do idea.


I have to find enough things to do to past time as the market goes down and stabilizies so I can start going long.
I'm thinking its 2-3 months , so I need a new hobby.
Electric bike.



I might as well enjoy myself outside , Take my folded electric bike down my apartment,
Ride it to a busstop, Fold my bike on to the bus, Ride the bus to my destination.
Take out my folded e-bike, ride the bike on the beach. Have a nice ice cold latte on the beach, Read my kindle... Ride my e-bike back to the bus stop. Hopefully it'll have enough charge for all this.
If it runs out of charge, I'll have to taxi it back.


I'm thinking its $300US, Pretty good deal.
 

Attachments

No trades today,

a. Too volatile, hard to risk control.
b. Short positions - not good for today
Long positions - also not that good, but better then shorting *today*
c. No real trades that pop out to me, I only enter trades that scream at me.
d. Going out to fk :)
e. Adios.


I do want to trade this week, preferably short on financials, or long on metals. We'll see. When I Do make that trade, we will make money.
 
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