Recently I have done some adjustment to my Paper Asset
I have sold my HK 7300 position and result in a small profit
I have sold my HK SPDR gold position and result in a minimal loss
The Last thing I have done is to invest more in SPXU ( the inverse ETF for US stock). I have brought 575 shares at $44.52.
And BTW previously about 1 year ago, I have sold out my SH position and turned it into SPXU (3x leverage short) in order to recap my loss from buying too soon.
Now I have total 1100 shares of SPXU with an average price of $50.45
Friday 21 December 2018
Wednesday 24 October 2018
Changes in Asset allocation
It has been a long time since I have updated this blog.
Recently big changes included selling off my silver ETF few months ago. Investing my Option account fund into 7300 ETF. Converting my US Short position to an 3x leverage Ultrashort SPXU.
My overall view of Market: Bearish.
Current invest in : Inverse ETF (Stock Market)
Gold ETF
Off the plan property in UK
Recently big changes included selling off my silver ETF few months ago. Investing my Option account fund into 7300 ETF. Converting my US Short position to an 3x leverage Ultrashort SPXU.
My overall view of Market: Bearish.
Current invest in : Inverse ETF (Stock Market)
Gold ETF
Off the plan property in UK
Recent purchase 2840 SPDR Gold
Recent Purchase on 2018/10/25
HK Stock Market
Stock Code: 2840
Price per share: $917.5
Share number: 700
Reason for Purchase:
Overall picture: General stock market had entered into Bear market territory. Time for hedging in Gold.
Weekly Chart: 1. MACD gold Cross. 2. Good volume support on recent up turn. 3. Price cross above 10 week MA. 4. Overall Double bottom structure form between AUG-OCT 2018. 5. 10 week MA Upsloping.
Daily Chart: 1. Gold Cross on 20 day and 50 day MA. 2. Price rising steady in Short term Up trend.
HK Stock Market
Stock Code: 2840
Price per share: $917.5
Share number: 700
Reason for Purchase:
Overall picture: General stock market had entered into Bear market territory. Time for hedging in Gold.
Weekly Chart: 1. MACD gold Cross. 2. Good volume support on recent up turn. 3. Price cross above 10 week MA. 4. Overall Double bottom structure form between AUG-OCT 2018. 5. 10 week MA Upsloping.
Daily Chart: 1. Gold Cross on 20 day and 50 day MA. 2. Price rising steady in Short term Up trend.
Saturday 29 September 2018
John Earl Shoaff
-- We are like farmers, we are going to plant seed
-- By Visualization, you get what you visualized. (Learn how to visualized things)
-- If your visualization is strong enough, you will bring that thing into your life
-- We are Creators
-- Everything come from us.
--Everything you had in your life are exactly what you design
- Law of Expectancy. Expect to get what you want, you become in a good Mood, then good things and what u want will come to you.
-- Everything I send out, I get back
-- Positive thinking works
-- Be creators of IDEA
-- Expect wonderful things
-- If your visualization is strong enough, you will bring that thing into your life
-- We are Creators
-- Everything come from us.
--Everything you had in your life are exactly what you design
- Law of Expectancy. Expect to get what you want, you become in a good Mood, then good things and what u want will come to you.
-- Everything I send out, I get back
-- Positive thinking works
-- Be creators of IDEA
-- Expect wonderful things
Thursday 26 July 2018
Daily Motivation
"The key to abundance is meeting limited circumstances with unlimited thoughts"
Marianne Williamson
Subscribe to:
Posts (Atom)