Snuskpelle's CFD Adventures 2020

Discussion in 'Journals' started by Snuskpelle, Dec 30, 2019.

  1. Snuskpelle

    Snuskpelle

    Nah out -1000. I'm dangerously apathetic to risk, probably because of event on Tuesday. Not sure I should be trading.
     
    #331     Mar 5, 2020
  2. Snuskpelle

    Snuskpelle

    Long NQ

    Small loss (probable) or big win

    Edit: Exited -40, my confidence is still broken after Tuesday.
     
    #332     Mar 6, 2020
  3. Snuskpelle

    Snuskpelle

    Made attempt shorting NQ here. Maybe late to party. Still have a bad taste from last week which I must conquer.
     
    #333     Mar 9, 2020
  4. Snuskpelle

    Snuskpelle

    Out -160, yep late to party.
     
    #334     Mar 9, 2020
  5. Snuskpelle

    Snuskpelle

    Been thrown off by the unusual time difference today and missed monitoring last hour. Need to update my mental map.

    Still working on confidence issues since last week's rate cut gap debacle.
     
    #335     Mar 9, 2020
  6. Snuskpelle

    Snuskpelle

    Sell ASX200 x -15 @ 5850 stop 5937
    Sell XAUUSD x -52 @ 1668.57 stop 1684.78

    Not buying the rally in ASX. As for gold, not looking nearly as strong has I would have expected and another bounce down here would be logical.

    Edit:

    Sell ASX200 x -15 @ 5834 stop 5882

    I *susect* I am on the right track here, upping to a bit better position size with narrower stop.
     
    Last edited: Mar 9, 2020
    #336     Mar 9, 2020
  7. Snuskpelle

    Snuskpelle

    Stop hit -500
    Doubled here back to pre-stop size, very narrow.
     
    #337     Mar 10, 2020
  8. Snuskpelle

    Snuskpelle

    Closed everything (gold included) for another -500.

    Heavily edited:
    'Gold trade idea is probably still valid but I will re-evaluate after proper sleep.

    ASX200 entry looks similar to the "pick turning point at no particular time of note" gambling game I keep failing at.' I did sit around for the Trump news and even wrote a post about it "tomorrow will be positive" in a Swedish stock forum at 0:10 am local time - entering with a similar sized position as I counter-traded later would have been worth $10k. It's similar to how I haven't caught any of the big moves at all since volatility started in end of February. Lack of time to sit down and think, backtest, etc. is probably contributing to abysmal performance.

    Finally, I'm getting close to being back to square zero for 2020 mostly owing to the disaster style rate cut event. Not out of the ordinary (-13% DD at this point) but need to steer things around, probably by restructuring what I'm doing by accepting I'm committing too little time right now and not doing the right thinking. Progress was stagnant in this new regime even before rate cut disaster.
     
    Last edited: Mar 10, 2020
    #338     Mar 10, 2020
  9. Snuskpelle

    Snuskpelle

    Current NAV 71 217 (>80 000 two weeks ago before Fed rate cut) => Gonna transfer out 40 000 as I now see a lot more opportunities for long term investments than in January. Besides, the money is mostly sitting there as I don't have the time necessary update myself as mentioned above to different regime. Meanwhile, I'm as ever fearful of USD/SEK exchange rate and sitting through drops of 10%+ is nasty.

    Besides, I've come to the conclusion I need to be able to blow this account w/o too much impact to my personal finances as evidenced by Fed rate cut debacle. Otherwise, I'm anyway trading so small positions in current volatility that it's a waste of idle cash.
     
    Last edited: Mar 12, 2020
    #339     Mar 12, 2020
  10. Snuskpelle

    Snuskpelle

    Tiny buys here (learnt my lesson):

    Buy NAS100USD x 5 @ 7171 stop 7085
    Buy Europe 50 x 7 @ 2543 stop 285

    Liquidating early Euro session if it doesn't go straight to hell immediately.
     
    #340     Mar 12, 2020