DimPrawn's trading thread

[DimPrawn]

Update - Trump has agreed to sign some more money printing, so closed S&P 500 trade at small loss (about £10).

WTI short trade still open at present.

[ChimpMaster]

Update - Trump has agreed to sign some more money printing, so closed S&P 500 trade at small loss (about £10).

WTI short trade still open at present.

This was expected and hence not a surprise.

Market will tread downwards now.

[scooterscot]

Oil trade is not going as planned, it either moves lower soon or is closed at a loss of £400.

I will not hold the trades open over the weekend and risk gaps.

You bought into something with:

a) no demand

b) suppliers can't give it away

Smooth move exlax

[scooterscot]

I'm not Scooty. I say what I'm trading and the moment I enter or leave the trade. That's all you are getting I'm afraid.

So it din't happen.

[scooterscot]

This thread is about simple truths and real spendable profits.

If you want idiotic charts and failed trades, please go elsewhere for your kicks.

Oil trade is not going as planned, it either moves lower soon or is closed at a loss of £400.

I will not hold the trades open over the weekend and risk gaps.

[DimPrawn]

Update. Oil trade left open over the weekend. Huge positive swap paid to me (3x swap rate on Friday for CFD) for holding the short open (contango means short positions positive swap) which reduces the open loss to £170 at the moment.

[DimPrawn]

You bought into something with:

a) no demand

b) suppliers can't give it away

Smooth move exlax

I bought a short position. I know you fail to grasp what a short position is, but it is the opposite of buying it.

So your comment about demand collapse, suppliers are paying to give it away, is 100% correct and by selling something I don't own (I know that will confuse you even more) I profit from this situation if it plays out.

I also get paid just to hold the short trade open (positive swap). Something else that will also confuse you I'm sure.

[NotAllThere]

I bought a few BRK.B shares on 27th March (currently up 0.5%), but otherwise no sales, no buying. My portfolio is where is was at around October last year.

[ChimpMaster]

I bought a short position. I know you fail to grasp what a short position is, but it is the opposite of buying it.

So your comment about demand collapse, suppliers are paying to give it away, is 100% correct and by selling something I don't own (I know that will confuse you even more) I profit from this situation if it plays out.

I also get paid just to hold the short trade open (positive swap). Something else that will also confuse you I'm sure.

You know the saying: don't try to educate the stupid - they'll drag you down to their level and beat you with experience.

You're arguing with someone who thought that selling high and buying low was "shorting"

[AtW]

Update - Trump has agreed to sign some more money printing, so closed S&P 500 trade at small loss (about £10).

WTI short trade still open at present.

You keep shorts open over weekends?