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bought some more natural gas ... and sold orange juice
Posted 07-19-2009 at 05:06 PM by jaro g.
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Updated 03-17-2010 at 06:12 PM by jaro g. (update march 17, 2010:#jarosells o-juice)
Updated 03-17-2010 at 06:12 PM by jaro g. (update march 17, 2010:#jarosells o-juice)
folks, i've increased my long position just now a little bit at $3.69 ... it's still cheap enough, isn't it?
it quotes @ $3.64 now, my next buy limits are set to $3.33 and $3.13, but i do not really think we will see that price again
... [30 minutes later] ... folks, it's soooo late in munich, i'm going to bed now, natural gas quotes @ $3.69 as the USD is falling against the €UR slightly and all (so early) traded commodities (gold, silver, oil, gas, ...) are slighlty rising in their USD notations... do u call that a zero-sum-game 4 europeans, don't u?
btw, i would like to buy also wheat @ about $500 - $530 or bellow, but (for my security needs) my trading account is not capitalized accordingly, so let's stick 2 silver, o-juice, gas, coffee!
ps: got any orange juice & coffee today?
j.
pps: update march 17, 2010: #jarosells orange juice
it quotes @ $3.64 now, my next buy limits are set to $3.33 and $3.13, but i do not really think we will see that price again
... [30 minutes later] ... folks, it's soooo late in munich, i'm going to bed now, natural gas quotes @ $3.69 as the USD is falling against the €UR slightly and all (so early) traded commodities (gold, silver, oil, gas, ...) are slighlty rising in their USD notations... do u call that a zero-sum-game 4 europeans, don't u?btw, i would like to buy also wheat @ about $500 - $530 or bellow, but (for my security needs) my trading account is not capitalized accordingly, so let's stick 2 silver, o-juice, gas, coffee!
ps: got any orange juice & coffee today?
j.
pps: update march 17, 2010: #jarosells orange juice
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folks, i still have all that natural gas and even a little bit more as i've increased my line on dips ...
TODAY +7%, crazy, isn't it?Posted 11-25-2009 at 12:52 PM by jaro g.
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is it really true? my biggest money loser (yep, i hate natural gas!) is +8.31% today???
i hope it should offset my today's losses in silver, wheat, corn COMBINED ... and there is still some coffee + orange juice in my trading account which are up today +3.71% and +2.55% respectively ...
damned hell !!!!! my primary computer is still out of order (graphical board is gone), so i have no direct access 2 my trading platform and have 2 wait for the daily P/L email from my broker :-(
btw, i think my trading account is still 1,000 €uros down from its record highs in september and i'm a little bit more leveraged now because i've increased my silver + natural gas positions since then ...
you see, my trading-game cannot be called daytrading, trading4living or the like ... lol ... i even use 2 leave 3 weeks for vacation without closing my open positions, you know? why? well, i try 2 capitalize my trading account accordingly so the should be no margin calls out there even after few weak days on the markets ... and on top i still believe in the INFLATIONARY HARD ASSESTS RALLY as i have posted soooo many times in the last few monthsPosted 12-07-2009 at 04:36 PM by jaro g.
Updated 12-08-2009 at 09:45 AM by jaro g. [Show Appreciation] What's This? -
natural gas +8.6% right now and i'm still few contracts long?
folks, would be someone so kind and explain that market 2 me? one day it fell 7%, next day it goes 8% up => is it a pure paper game or is there any commodity behind?
hell, it goes up, so who cares which evil is that market based on? lol
ps: let's hope i will not blow-up my trading account like brian hunter did with 'his' Amaranth hedge fund in 2006 (minus $6.5 billion), he prolly also didn't understand the gas market, did he?Posted 12-10-2009 at 01:09 PM by jaro g.
Updated 12-10-2009 at 01:15 PM by jaro g. [Show Appreciation] What's This? -
#jarosells orange juice
well, 1 out of 4 orange juice CFD contracts reached its stop-loss-limit 2day and leaved my trading account @ $147.3
hell, that was a hard work to find the corresponding buy order! OMG, i had to go back to june 2009 in order 2 find that entry:
15.06.2009 ~ orange juice ~ $79.5
i guess tomorrow will my next o-juice contract say bye-bye, jaro, thats was with us, i have 2 go ... why? well, the next sell-limit order waits @ 145.2 .... hmmm, the corresponding buy order?
09.06.2009 ~ orange juice ~ $86.4
folks, pls dont laugh too loud abt me, i call that TRADING, u know? a stress-free trading despite a leverage of 33.3 (i.e. 3% margin), of course
lessons learned:
#1: dont be a stupid idiot next time! buy 1,000 damned contracts instead of one if the price is sooooo freaking low!
#2: dont bother & blame yourself calculating any profit/loss as u will never ever find out the roll-over-costs of the corresponding contango-quoted orange juice futures contracts + the corresponding usd/eur exchange rates + put that puzzle together + get any result, so what?
#3: try to remember #1 as long as possible!
ps: i swear all the time abt collapsed natural gas price (current quote = $4.27), but look in the original blog post => i got that damned gas fair below $4 ... but there are the stupid contango-rolling-costs every month, of course ....
i hate trADING! ITS NOT EASY AT ALL; I THINK
Posted 03-17-2010 at 05:50 PM by jaro g.
Updated 03-17-2010 at 06:16 PM by jaro g. [Show Appreciation] What's This? -
To me thats investing, not trading? Do you even have a chat lol? You are really good at investment so i think you should stick to it. Talent in Munich!!
And we should always keep costs low so dont invest in futures because you'll have yo surely pay for the rollovers. ETFs sound like a better choice although they sometimes suck. I enjoy your fine swearing
ForexerPosted 03-18-2010 at 01:29 AM by forexer
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o-juice? next (profit taking) stop-limit-order hit the bid 2day ...
sold__: 18.03.2010 ~ orange juice ~ $145.2
bought: 09.06.2009 ~ orange juice ~ $86.4
btw, i hate natural gas even much much much more than yesterday, you know? MINUS 5% today
. it will eat up all my sweety orange juice profits and more! i hate that unseeable elusive evil!Posted 03-18-2010 at 07:09 PM by jaro g.
Updated 03-18-2010 at 07:29 PM by jaro g. [Show Appreciation] What's This? -
@forexer
you are right, i do not use charts, my platform shows just the current futures contract, so i would have just the last 1 or 2 months on my screen anyway (o-juice contracts roll-over every 3 months i think) ...
well, i had the feeling orange juice wasnt gonna 2 go significantly through the $150 barrier, so ive decided 2 take some profits ... i hope i can sell my 3rd contract above $150 and then wait few months till the price drops to $100 again and buy few long contracts there
j.Posted 03-18-2010 at 07:20 PM by jaro g.
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