mathjak's daytrading adventures

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mathjak107
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Re: mathjak's daytrading adventures

Post by mathjak107 » Mon Dec 09, 2019 12:03 pm

just bought 600 shares us natural gas fund UNG ... it got pounded today down almost 7% and down more than 50% for the year ...

so it seems like a pick that may have been over sold . paid 16.92
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Re: mathjak's daytrading adventures

Post by mathjak107 » Mon Dec 09, 2019 2:33 pm

Sold ung 2-1/2 hours later , 200 dollars richer for a mouse click ...

Bought 1000 shares gbtc bitcoin at 8.78
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Re: mathjak's daytrading adventures

Post by Cortopassi » Mon Dec 09, 2019 3:32 pm

Ahh, UNG. Yet another ETF I lost money on years ago.

I know this is the variable portfolio section and specifically called daytrading, but man, it is so antithetical to the whole PP concept!
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Re: mathjak's daytrading adventuresVe

Post by mathjak107 » Mon Dec 09, 2019 3:43 pm

Well it definitely ain’t passive investing.

But except for the components of the pp like gold and treasuries the dollars traded are held to a very small percentage ....

I have no reservations keeping 500k in each of those components in the pp ....if I don’t get an exit point to take a quick 2 percent profit I don’t mind holding them . The pp is a fine portfolio these days .

But I tend to generate a lot more by doing these quick hits in gold and Tlt while the gain is there before it evaporates ...there always seems to be this pattern
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Re: mathjak's daytrading adventures

Post by mathjak107 » Mon Dec 09, 2019 3:47 pm

Cortopassi wrote:
Mon Dec 09, 2019 3:32 pm
Ahh, UNG. Yet another ETF I lost money on years ago.

I know this is the variable portfolio section and specifically called daytrading, but man, it is so antithetical to the whole PP concept!
I had 3 trades this year in gbtc ...up 300 , up 225 and the last one down 40 ...so we will try for a fourth trade
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Re: mathjak's daytrading adventures

Post by dualstow » Tue Dec 10, 2019 6:52 pm

I have to ask: do you wear a fancy wristwatch?
VENEZUELA: U.K. Judge Rejects Maduro’s Bid for Gold
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Re: mathjak's daytrading adventures

Post by mathjak107 » Wed Dec 11, 2019 2:21 am

nope ... i have a 35 buck g- shock watch from walmart ... i am not in to watches or jewelry ... in fact i used to have watches with the hands and from drumming i would find at some point one of the hands would fall off from the vibration .

so i find the g-shock watches perfect
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Re: mathjak's daytrading adventures

Post by mathjak107 » Wed Dec 11, 2019 2:07 pm

Gold and Tlt just sold .....up 5k .... now to wait for the typical drop...so far within 30 minutes of selling it both are down combined from where I sold by 2200.00 dollars..it is fluctuating wildly
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Re: mathjak's daytrading adventures

Post by Cortopassi » Thu Dec 12, 2019 8:00 am

It's good to see you aren't infallible and did sell early, at least on gold. But you did make money. ;)
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Re: mathjak's daytrading adventures

Post by mathjak107 » Thu Dec 12, 2019 8:29 am

Cortopassi wrote:
Thu Dec 12, 2019 8:00 am
It's good to see you aren't infallible and did sell early, at least on gold. But you did make money. ;)
it always goes up after i sell . that is true most of the time with everything i do . but as you see there is always that roll back ...you can bet there will be some 11th hour resolution to Mondays tariff's . hopefully i will get a nice entry point as these two roll back .
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Re: mathjak's daytrading adventures

Post by mathjak107 » Thu Dec 12, 2019 8:37 am

well there you go , news at 9:37

Trump: ‘Getting VERY close to a BIG DEAL with China. They want it, and so do we!’


so TLT and gld are selling off as expected with that news

edit : holy cow ... i am getting ready to buy in . . holy sh*t
Last edited by mathjak107 on Thu Dec 12, 2019 9:52 am, edited 1 time in total.
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Re: mathjak's daytrading adventures

Post by mathjak107 » Thu Dec 12, 2019 8:59 am

done deal ------500k in each and a 10k savings from yesterday ….i never catch the bottoms or the tops so I always end up leaving some money on the table buying in or selling out . But this is fine even though I am currently down a bit ...

that was quick . i kept averaging down until i hit the limit for the pp . what a sell off but i can't say it was a surprise.

You knew trump would say or do something not to tank the stock market like last years ending .ithought it would be over the weekend but he did it sooner .....
Last edited by mathjak107 on Thu Dec 12, 2019 9:56 am, edited 2 times in total.
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