Dear Trading Diary: I know I have said it before – but what a week! A violent slump in Tesla (taking me out of my long position on my trailing stop for a huge win). At the same time, a surge in the Russell 2000
Dear Trading Diary: Another very decent week with my Tesla position zooming up by one third in just a week from $185 to $245. And my long currency positions continue base-building with higher prices looming. And my PM positions continue trading very favourably. But NatGas
Dear Trading Diary: Last week was pretty acceptable with more gains in my Crude Oil position, a nifty and profitable fleet-of-foot rotation in and out of the Dow/Nasdaq spread, some bottoming action in the PMs, and encouraging early trend reversal action in Wheat, Sugar and
Dear Trading Diary: I had another good but pivotal week with Crude oil advancing. Currencies were quiet, Of what should be major significance (but under the MSM radar), Thursday was on the Summer Solstice when markets can often set important tops/bottoms. I put out a
Dear Trading Diary: Last week was OK and I am still making profits weekly. One reason is that I took profits in my long Nasdaq trades (too early, I hear you cry!) and then stayed out of the market while it churned after digesting the
Dear Trading Diary: I had another very decent week – until Friday, that is. Huge reversals in Gold and the dollar took me out of promising positions at my trailing stops for profits diminished by the sharp reversals. But hey – making any profit is
Dear Trading Diary: What a bizarre week! Profit-wise, it was very good with a large win in my short Dow trade and in my long NatGas and GBP/USD campaigns. No, what was bizarre was the Trump verdict. He is the first US ex-President to be
Dear Trading Diary: Last week I was stopped out of some positions at Break Even on major pullbacks and my long currency trades gained. And my uranium shares have advanced by over 875% from the 2020 lows, putting Nvidia in the shade. Guess who is
Dear Trading Diary: I had a pretty decent week with a large part profit taken in Wheat (see below), full profits taken in FTSE, and huge ongoing gains in NatGas and Gold among others. I feel my swing trading mojo is back on track and
When in a hole, the wisest way to get out of it is first to stop digging. This is oft-quoted but like all aphorisms, there is another popular one to counter it – When at first you don’t succeed, try, try again. Isn’t life complicated?
While stocks suffered hugely volatile up/down swings last week (and were a nightmare to trade), traders in the oft-neglected agricultural commodities that are continuing their spirited recoveries (as I have pinpointed in recent blogs) enjoyed sleep-full nights. Stock index traders have not had such restful
The sudden explosion of student demonstrations on US campuses to this old hand looks like 1968 history, while not exactly repeating, it is certainly rhyming. Back then, it was the Vietnam War that was the centrepiece of the unrest. Today, it is the Israel/Gaza War.
