administrator Site Admin
Joined: 28 Dec 2005 Posts: 11986
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Posted: Mon Mar 06, 2023 7:36 am Post subject: Mar 6th Trading Log (Updates) |
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Mar 6th Trading Log (Updates):
Current Trades: None. Normally, I don't post an update when I don't make a trade. If the recession is postponed, into second half of year, SPX may rally, including by triggering short covering. So, we may move past a trading range with better opportunities to buy puts later.
My portfolio is at $2,575,000 including $2,325,200 in cash.
Calls Contracts-Shares Long
BABA 2,000 shares
DNA 50,000 shares
Puts Contracts-Shares Short
None
Portfolio at $100,000 on March 1st, 2018. Portfolio stop loss suspended. Scaled up and adjusted portfolio. Both prior portfolios, since early 2000s, rose initially and substantially, and then failed quickly in “irrational” market “melt-ups," where stocks can go straight up month after month. |
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