I don't believe in HODL, but rather I believe in our economy. We do not have negative growth readings yet, and I believe we are a bit oversold here on all this paranoia about the Fed. The hopium for now is on the Q4 earnings and projections. With Omicron fading now, I see projections being strong.
Hell of a week watching the swings. Wot fun. Stayed out of the volatility and am just waiting for a clearer sign for an uptrend, which I admit may not come until after the March FOMC meeting. Keep on truckin'!
I don't remember what I said in Dec 2020, but I do recall what I did in Dec 2018, and again in March 2020. Terrible times.
I'm just gonna' repeat what I said in post #475. Hell of a week watching the swings. Wot fun. Stayed out of the volatility and am just waiting for a clearer sign for an uptrend, which I admit may not come until after the March FOMC meeting. Keep on truckin'? Pfffh, the buy-hold-roll thing is getting a bit boring, but discipline is discipline. If I don't feel it, don't do it.
Don't be too hard on me cause I don't understand futures. I'm making the assumption that when you roll you close one position and open another further out. When you roll do you realize a capital gain/loss?
Yes, that is correct, because closing a position means that whether it is in profit or loss, you have no choice but to close it, as it has an expiry date. Just like an option, but kinda' different, heh. Futures contracts cannot expire "worthless", because there is not premium paid or gained by entering the contract in the first place.