3/3/23 - Energy Market Trading Journal - Loss of $150

 Loss of 150. 

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2/17/23 - Energy Market Trading Journal - Gain of $120

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Today's Results Today was a very un-stressful day in the stock market. I started the day out with approx $1,500 in KOLD which bets that Natural Gas prices will fall at 2x leverage, and $1,000 into BOIL, which bets that Natural Gas would increase at 2x leverage. Around 6am CST when I woke up I saw that Natural Gas was falling. I sold my 200 BOIL shares at 5.56 a share. I took a lass on this trade since I purchased them yesterday at 6.06 per share. Since Natural Gas was falling, I chose not to sell my KOLD and to allow that to rise through the morning. Knowing that Nat Gas prices have been peaking around 11am this past week, I decided to sell my 30 shares of natural gas around 11am at 69.92 a share. I purchased the shares yesterday at an average price of 63 dollars per share so this was a big win today. After I sold my KOLD, I balanced by portfolio by buying back equally, betting both that Natural Gas will rise and fall at the same time. I do this so that I do not have to sell. By be...
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2/16/23 Energy Market Trading Journal - Loss of 48 dollars

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2/16/23 Energy Market Trading Journal - Loss of 48 dollars Today was another day where I got my prediction of what Natural Gas would do wrong. I started the day off at 8:07am by selling my 100 shares of SCO after noticing WTI Crude going up. I purchased 100 shares at 24.04 yesterday, and sold today at 23.83, taking a loss of about $20.  If I had held onto my SCO stocks, they would have gone up 2% today and I would have made a couple hundred. BOIL Loss as Natural gas Fell Today After taking a 20 dollar loss on my SCO trade, I noticed that HH Natural Gas appeared to have hit a previous support. I assumed it would bounce backup, and I purchased into BOIL with 200 shares at a cost of 1,154 dollars when Nat Gas was around 2.5 dollars / mBTU. Instead, natural gas continued to crash to 2.37 before recovering to around 2.4 by the end of the day. Due to PDT trade limits, I cannot do anymore same-day trades until tomorrow. For this reason, instead of selling my 200 shares of BOIL, I instead ...
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2/21/23 - Energy Market Trading Journal - Gain of $103

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  Another good day betting on KOLD ETF Today was another easy and stress-free day trading Natural Gas. Natural gas was showing signs of support holding at a price of 2.55 Feb 3rd - 14th but the weakness shown on the 17th proved that the bottom is not in yet. The next support now is something like 1.7 so We got a good 35 points to go down still. Today I ended the day by selling off my KOLD to take profits. I then decided to put 300 into the SPXS which bets that the S&P 500 will drop. I also put 200 into SQQQ which bets that the Nasdaq will drop. These are small amounts so I don't have to pay attention to them too much. I also decided to buy back in to KOLD with 400 dollars to hold over-night.  Plan for Tomorrow Tomorrow I will do the same as today. I will attempt to hold KOLD as it continues to rise as the price of Nat Gas falls. I will also hold onto my SPXS and SQQQ long-term unless I begin to see signs of strength in the Nasdaq and S&P 500. Thanks for reading!!
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