Snuskpelle's (kind of) Intraday Adventures 2019

Discussion in 'Journals' started by Snuskpelle, Jan 5, 2019.

  1. Snuskpelle

    Snuskpelle

    Buy XAGUSD x 2700 @ 15.4384 stop 15.27

    Keeping silver for a few weeks if it doesn't fall off a cliff from here. Favorable ratio AU/AG ratio and alternative to bull gold bias I have.
     
    #201     Mar 24, 2019
  2. Snuskpelle

    Snuskpelle

    NAV 19751 after paying some spreads (plus not so favorable stuff last week, mainly AUD/CAD movement - may consider exiting that one on better opportunity as my short bias is getting a bit challenged).
     
    #202     Mar 24, 2019
  3. Snuskpelle

    Snuskpelle

    Going to bed. Stops will probably be hit on virtue of volatility, but staying above for now.
     
    #203     Mar 24, 2019
  4. Snuskpelle

    Snuskpelle

    Moving silver stop to 15.51 to lock in some profit.

    A bit indecisive on equities today, could well go lower but if that doesn't happen by tomorrow I make another long attempt. Goes without saying the prexisting two positions were stopped fairly quick this night.
     
    #204     Mar 25, 2019
  5. Snuskpelle

    Snuskpelle

    Buy China A50 x 3 @ 12483 stop 12336

    Not really reacted much to clearer trade deal date yet.
     
    #205     Mar 25, 2019
  6. Snuskpelle

    Snuskpelle

    Buy US2000USD x 40 @ 1518.02 stop 1515.51

    Hesitated far too long, could have gotten better RR (30 vs 80 EUR risk) so probably an anti-signal on 10 minute span. IMO "looking good" for today at least, let's see if it is. Manageable risk, tend to get owned by vol though.
     
    #206     Mar 25, 2019
  7. Snuskpelle

    Snuskpelle

    Going to bed, will enjoy reading the "stop hit" notification in morning (less probably large profit).
     
    #207     Mar 25, 2019
  8. Snuskpelle

    Snuskpelle

    NAV 19762 To summarize:

    - Silver trade stopped automatically at lock in level
    - Both equity trades out
    - Entered another that got stopped

    Had 600 EUR MFE at China trade or similar (checked in night before falling asleep) but was too late by 20 minutes or so to lock it in, by which time it had dissipated, but stayed in the game until afternoon. US2000 trade did in fact not get stopped (excellent!) at one point today had another 600 EUR MFE or so IIRC. Exited China trade at the time I adjusted stop.

    I was monitoring the trade very sloppily while programming on a consultancy project (that's what Tuesdays are for). Adjusted up stop to lock in some profit when I saw rapid rise was about to level off. Unfortunately, trade then rapidly proceeded to stop despite my lock in level being fairly wide. Had I been monitoring in real time I would have cut sooner.

    Oh well, went plus on this trades adverse conditions so I'm happy. Entered another US2000 trade with 40 EUR risk which proceeded to fail. It was a bad idea, conducting an entry without being able to check anything but graph since I have to appear working to client. :)

    AUD/CAD loss is now massive (-943 EUR) and the main reason for having tanked vs 21000 NAV level that was near a week ago. I'm admittedly very inexperienced in forex (spent most of my life in equities) and my expectancy here is shit (zero sum game and all). Adding the EURSEK hedge in Jan-Feb and it looks bad. If I see unrealized loss creeping above 1000 EUR I will have to cut it lose, and realize I was too greedy on this one. It's annoying since I was well in the green with 400 EUR MFE; letting the loss grow to a multiple of that is undisciplined. My long term view is unchanged; the trade is poorly executed since I should have protected the profit (after all, it wasn't easy to come by, given that it took quite a few days to reach the MFE).
     
    #208     Mar 26, 2019
  9. Snuskpelle

    Snuskpelle

    Exciting times also, starting to get the sense equity markets are struggling in retaking lost ground. Would love a good bear market for tradability (I wanted to practice intraday on this account for a year after all). Not going to change my bias yet, still I'm thinking we are heading higher (bears come unannounced). However, well aware I may be proven otherwise, e.g. advised my father whom I have had arranged to be in stocks in mid Jan to go into more defensive market neutral hedge funds last Friday.

    Oh yeah and on AUD/CAD, there may be some fundamental driver (other than market participant positioning) causing the strengthening that I am blissfully unaware of, because to be frank I entered it on old premises and haven't made a proportional effort to stay informed. Long term view unchanged in the light of that, indeed.
     
    Last edited: Mar 26, 2019
    #209     Mar 26, 2019
  10. Snuskpelle

    Snuskpelle

    Postponing stop loss calculator/automation project further as there's an unrelated algo I would rather implement next I have time set aside for quant work.

    Will make a full summary of quarter (aware I didn't for Feb) as I think monthly report is excessive after considering it further. Expecting next to show that I am an idiot who falls massively short from opening post aim stated. Will continue along these lines until year end though.
     
    #210     Mar 26, 2019