3/7/23 - Energy Market Trading Journal - Loss of $8

 Boring day.

Comments

Post a Comment

Popular posts from this blog

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

Image
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...
Read more

2/21/23 - Energy Market Trading Journal - Gain of $103

Image
  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!!
Read more

2/24/23 - Energy Market Trading Journal - Gain of $210 / 6.98%

Image
 Today was a great and easy day of trading for the most part. The day started off a bit scary by slowly dropping down 1.5% by market open. By 8:20am my BOIL stocks were up 2.5% By end of day, they were up nearly 7%! I didn't have to sell at all today besides my KOLD at the start of pre-markets.  I expect after the huge gain today that there will likely be some pullback on Monday. 
Read more