DimPrawn's trading thread

[DimPrawn]

You keep shorts open over weekends?

Yes, for easy access

 

[DimPrawn]

As the market is very volatile at the moment, I'm looking into a basket of trades to take advantage of Shannon's Demon for volatility harvesting.

Access to this page has been denied.

 

[DimPrawn]

WTI short trade closed for small profit (£25)

 

[DimPrawn]

Another S&P 500 short trade opened.

I'm still a believer we are at the top of a dead cat bounce, at some stage a large and sharp move down will occur.

 

[BlasterBates]

I'm long on:

Verizon
Dt Telekom
BASF
Siemens
Allianz

up today and in profit

I'll double the investment if they're down in 3-6 months time and the virus has been beaten.

 

[OwlHoot]

Another S&P 500 short trade opened.

I'm still a believer we are at the top of a dead cat bounce, at some stage a large and sharp move down will occur.

But the moment a lockdown release announcement is made, won't there be a live cat with electrocuted balls bounce back upwards?

 

[Old Greg]

But the moment a lockdown release announcement is made, won't there be a live cat with electrocuted balls bounce back upwards?

There is no lockdown release announcement IMO. Instead, restrictions will be relaxed and tightened as infection rates change, until a vaccine is ready for mass distribution. And if that doesn't happen in the next two years, a Plan B is needed.

 

[BlasterBates]

But the moment a lockdown release announcement is made, won't there be a live cat with electrocuted balls bounce back upwards?

indeed

This is precisely why now is the time to go long

Keep an eye on China, that's where we're heading; virtually no new cases.

 

[DimPrawn]

Also, there is a difference between investment and trading.

Trading in my case is usually a few hours of holding. Investment will be weeks, months or years.

I think there's a higher probability of more bad news short term than good news. Long term we pray good news outnumbers bad news...

 

[ChimpMaster]

indeed

This is precisely why now is the time to go long

Keep an eye on China, that's where we're heading; virtually no new cases.

Yes and we can all completely believe what China tells us.