mathjak's daytrading adventures

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mathjak107
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Re: mathjak's daytrading adventures

Post by mathjak107 » Thu Jan 09, 2020 8:47 am

HappyMan wrote:
Wed Jan 08, 2020 8:22 pm
Is it time to buy oil?
oil still tumbling again today

edit-------------- limit order hit at 12.33
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Re: mathjak's daytrading adventures

Post by HappyMan » Thu Jan 09, 2020 7:58 pm

mathjak107 wrote:
Thu Jan 09, 2020 8:47 am

edit-------------- limit order hit at 12.33
Nice! What is your secret?
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Re: mathjak's daytrading adventures

Post by mathjak107 » Fri Jan 10, 2020 3:48 am

my butt ....

have a limit order in for gld too ... it is coming back to earth daily now ...

that flash was what we got for waiting 7 years for a high and it lasted not even a day . oil too fell something like 10% in days .

which is why it is always timing the markets it seems with commodities and gold , not time in the markets like equities
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Re: mathjak's daytrading adventures

Post by mathjak107 » Mon Jan 13, 2020 3:23 pm

added to uso (oil ) and gld today
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Re: mathjak's daytrading adventures

Post by mathjak107 » Tue Jan 14, 2020 5:53 am

looks like the gold rally is fading off in to the sunset … I will add the last of the money likely today in to gld .
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Re: mathjak's daytrading adventures

Post by dualstow » Tue Jan 14, 2020 10:28 am

silver’s down 1%. Do you ever trade that?
https://www.city-journal.org/journalism-advocacy-over-reporting
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Re: mathjak's daytrading adventures

Post by mathjak107 » Tue Jan 14, 2020 10:43 am

i haven't traded silver since 1987 when i got burned . but i have thought about slv below 17 dollars a share . just never done it ...there is always something else like gbtc or uso that seems to distract me away . right now i am in uso and gld
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Re: mathjak's daytrading adventures

Post by mathjak107 » Fri Jan 17, 2020 4:25 am

so just an update …..

bought back 170k in gld , 21k in uso (oil) 10k in bitcoin GBTC ….. all the rest is in the 25% equity fidelity insight income model …. right now I am holding off on tlt unless it moves down quite a bit …

I much prefer to use the short term bond and intermediate term bond funds in the fidelity model with some gold and oil coverage ….

i think we can see rates climb a bit so i don't want so much interest rate risk as gold and long term treasuries really are a bet on low rates with that kind of heft .
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Re: mathjak's daytrading adventures

Post by HappyMan » Fri Jan 17, 2020 4:32 am

When did you sell oil?
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Re: mathjak's daytrading adventures

Post by mathjak107 » Fri Jan 17, 2020 5:35 am

i just bought uso ........ i have not owned it in a while
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Re: mathjak's daytrading adventures

Post by HappyMan » Fri Jan 17, 2020 6:53 am

mathjak107 wrote:
Mon Jan 13, 2020 3:23 pm
added to uso (oil ) and gld today
Did you add to your limit order at 12.33 from 1/9 ?
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Re: mathjak's daytrading adventures

Post by mathjak107 » Fri Jan 17, 2020 6:57 am

Yes added to it yesterday
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Re: mathjak's daytrading adventures

Post by mathjak107 » Fri Jan 17, 2020 2:36 pm

Bitcoin. Gbtc sold off today. Nice run up
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Re: mathjak's daytrading adventures

Post by mathjak107 » Tue Jan 21, 2020 1:20 pm

ought ung again , it got hammered today
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Re: mathjak's daytrading adventures

Post by amdda01 » Thu Jan 23, 2020 9:26 am

MJ,

USO down 3% today - u makin a move?
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Re: mathjak's daytrading adventures

Post by mathjak107 » Thu Jan 23, 2020 9:43 am

already in ... waiting for the next event in the mideast .... i have ung natural gas which i am up on but not enough yet ... i don't mind sitting with commodities .. even gold i am still holding
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Re: mathjak's daytrading adventures

Post by mathjak107 » Mon Jan 27, 2020 3:16 pm

Put together a little portfolio of unloved assets ...I tried to pick the assets being cast a side .

Oil which I have uso and added more today ..

I split the stock budget with half in eem emerging market and half in mchi China .....and TIPS since I think inflation expectations are under estimated and tips are frowned upon right now ......I will add up to 50% more if it falls enough and then let it ride .

I will hold the whole thing to no more than 100k
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Re: mathjak's daytrading adventures

Post by Ad Orientem » Wed Jan 29, 2020 10:18 pm

mathjak107 wrote:
Tue Jan 14, 2020 10:43 am
i haven't traded silver since 1987 when i got burned . but i have thought about slv below 17 dollars a share . just never done it ...there is always something else like gbtc or uso that seems to distract me away . right now i am in uso and gld
I bought around 70 lbs of silver a couple years ago, not all at once, on a speculative basis. Everything I picked up was in the $14 oz range (under $15). And I still have it in a safe deposit box that I hate even looking at because its so damned heavy. If I ever do anything like that again, I'm definitely going to use SLV. That said, I'm ahead on that speculation... so yeah. I thought, and still believe, that silver is cheap relative to gold. But the silver/gold price ratio has remained quite high. Hmmm...
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Re: mathjak's daytrading adventures

Post by mathjak107 » Thu Jan 30, 2020 2:45 am

i held off on silver . i am trying to run with what is out of favor totally right now
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Re: mathjak's daytrading adventures

Post by dualstow » Thu Jan 30, 2020 9:40 am

Ad Orientem wrote:
Wed Jan 29, 2020 10:18 pm
I bought around 70 lbs of silver a couple years ago, not all at once, on a speculative basis.
For weightlifters like Smithers and Kriegsspiel, I’m imagining kettlebells or other weights made of gold and silver. Like what thief is going to run off with those.
https://www.city-journal.org/journalism-advocacy-over-reporting
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Re: mathjak's daytrading adventures

Post by Kriegsspiel » Thu Jan 30, 2020 6:28 pm

I'm thinking more like a Húsafell Stone of silver.

Image
One horse can carry 125 kg on its back, but it can drag 2500 kg on a cart. If it pulls a barge along a river, it can drag 30,000 kg, 30 tonnes, and it can drag 50 tonnes if the weight is on a barge in quiet water, i.e., on a canal.
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Re: mathjak's daytrading adventures

Post by dualstow » Thu Jan 30, 2020 9:51 pm

Perfect!
https://www.city-journal.org/journalism-advocacy-over-reporting
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Re: mathjak's daytrading adventures

Post by mathjak107 » Mon Feb 03, 2020 8:53 am

tips and china fund both sold at profits .. only eem is left
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Re: mathjak's daytrading adventures

Post by mathjak107 » Tue Feb 04, 2020 12:14 pm

eem now sold too
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Re: mathjak's daytrading adventures

Post by amdda01 » Wed Feb 05, 2020 8:35 am

mathjak107 wrote:
Mon Feb 03, 2020 8:53 am
tips and china fund both sold at profits .. only eem is left
MJ,

Looks like MCHI took off right after you sold.

Were ya just looking for the quick grab?
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