Taking 1million to zero in "n" months.

Discussion in 'Journals' started by PHOENIX TRADING, Mar 6, 2012.

  1. Hey that's me in the video, well not literally but that uncannily describes my previous position.

    http://www.youtube.com/watch?v=WfvIstgOugc&feature=related



    <iframe width="640" height="480" src="http://www.youtube.com/embed/WfvIstgOugc" frameborder="0" allowfullscreen></iframe>



    Down 50% shorting Emerging markets futures on european crisis.

    Too much manipulations by politicians.
    Firing of ecb president and replaced with draghi who would loan 1 trillion plus euros to banks and accept worthless greek debt as collateral.

    Troika ousting greek PM to be replaced by an un-elected puppet.

    53% debt haircut not a credit event.

    Had a nice profit before all of those events.
    The rule of law and unilateral ex-post facto contract changes by powers that be make it impossible to correctly interpret the facts.
     
    #31     Mar 23, 2012
  2. lol funny video
     
    #32     Mar 23, 2012
  3. 3/23/12


    [​IMG]

    1 week gain 22.39%
    since thread inception 45.7%
     
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    #33     Mar 24, 2012
  4. Wow that sucked , lost about 11% today.
     
    #34     Mar 27, 2012
  5. Stalled out this week , with lots of intra-week volatility.

    up 10% monday
    down 11% tuesday
    up min wed thur friday
     
    #35     Mar 30, 2012
  6. You can short futures in IRA account. I have been doing it.
     
    #36     Mar 30, 2012
  7. sorry repost of 3/30
     
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    #37     Mar 30, 2012
  8. [​IMG]
     
    #38     Mar 30, 2012
  9. Thank you for your confirmation of fact.
    I suppose all brokers do not allow this but IB which is my broker does.
     
    #39     Mar 30, 2012
  10. Best wish to you. You have been doing superb in the past month. Not many people are qualified to give you advice, including me -- I do not have a mil. LOL.
     
    #40     Mar 30, 2012