Rosebud

Discussion in 'Journals' started by nitro, May 11, 2015.

  1. nitro

    nitro

    There is a great deal of temptation to take profits here on OVX. The problem is, it is still grossly overvalued. Staying the course.

    The CL model is now giving 59.34 as "FV". So nothing to do there either.
     
    #21     May 15, 2015
  2. Nine_Ender

    Nine_Ender

    Your "models" said that the S&P was going to 850 when it went to 2100. Surely you should know your "models" are flawed, because only a delusional belief in something systematic could result in such a disaster, with you averaging down your terrible trade numerous times. You are far better off understanding fundamental reasons something will move and patiently wait out the trade.
     
    #22     May 15, 2015
  3. nitro

    nitro

    Short Silver 17.68
     
    #23     May 18, 2015
  4. nitro

    nitro

    Only 2% of account on the short silver.
     
    #24     May 18, 2015
  5. nitro

    nitro

    Holding all positions. Decent move down in CL still does not bring it to FV. Model says hold short. OVX still hugely overvalued. Silver still overvalued.
     
    #25     May 19, 2015
  6. nitro

    nitro

    Out Silver @17 +.68
     
    #26     May 19, 2015
  7. nitro

    nitro

    CL "FV" at the time of this writting, ~57.10
     
    #27     May 20, 2015
  8. nitro

    nitro

    XAGUSD "FV" at the time of this writting, ~17.15. The model and realtime prices agree to within a fraction of a penny. That is probably luck.
     
    #28     May 20, 2015
  9. nitro

    nitro

    L XAGUSD 16.75
     
    #29     May 26, 2015
  10. nitro

    nitro

    Exit L CL @56.92, +2.38

    Holding short OVX.
     
    #30     May 28, 2015