#jarobeats cmc markets!

my broker's logo ...

yabbadabbadooooo! ive won my fight against cmc which ive boosted/accelerated in june! finally ive made more money out of my (mini) trading account as ive ever paid in :-). well, ive withdrawn 5k €uros in august and 1,600 last thursday, which is already few hundred euros more than i have put in the last 3-4 years in order 2 learn to trade and of course 2 learn sooo much abt myself ... i even plan 2 withdraw next 400 euros on monday cause there is still more margin coverage than i really need ... => ....

... thx my lovely silver, wheat, gas, coffee, sugar, rice, corn, orange juice ... well, now ive left only 4.4k of profits at my cmc account so there is no way i can ever lose (unlike stocks + currencies, commodities cant become worthless overnight, u know?).

thats victory, isnt it? what is so special at this? well, cmc markets is the CFD-broker with the worst reputation, i think ... its really a bad guy broker with sooooo aggressive advertisement, many inexperienced customers, the cmc guys as a 'market maker' make even their own quotes so they very often overshoot the ranges of underlying assets (e.g. commodity futures) and thus take out many stops near the real price curve, ive already complained many times abt wrong order executions and even few times got some money back ... btw, just in case u would like to ask why didnt i take my money out and move to a better broker, heres the answer: at that time i had no appetite, no time, no mood and especially no money to open a next trading account with a much much higher initial account backing needed (usually 5k or 10k instead of 1k @ cmc markets) ... and after all, i have already 5 different trading accounts ... and yes, i like the cmc trading software much better than e.g. its lynx brokers equivalent [lynx is my current low fee canadian mining stocks broker ... and since 2 months also a CFD broker ... but i dont wanna 2 mix up my CFD and stock activities in a single account (that allows me a much much better risk control i believe)]

what 2 do with my new funds? thats easy! #jarobuys aquila resources, bravo gold, tara gold, andover ventures, ... (will continue buying on monday ;-) ...

addendum sept 20, 2010: #jarosells sugar @ 24.24 today morning .... was the daily low realy that deep? why tells nymex it was just 24.26

well, thats karma isnt it? shudda not write abt my dear broker, wudda not get stopped out below the real daily low, is it?

Nymex No. 11 Sugar (hell, 2day's low is 24.26 and not 24.24)

btw, ive entered the sugar market in may, still have 1 contract open, im too tired & too lazy now to bother my calculator in order to compute the gains in terms of percentage, the cash difference per CFD contract is slightly above 1,000 bucks in both cases which is really great, i think:

• 10.05.2010: 14.21 u.s. cents 
• 14.05.2010: 13.93 u.s. cents

btw, as for now, my next stop limit is 23.23 but still hope sugar will go up further 

addendum 09/21/2010: shopping finished, #jarobuys altona mining, formation metals, enwave corp

go microcaps go!

karma

folks, just gave a young homeless guy 1 €uro in the underground station on my way home ... shall he enjoy his next beer :-)  ... btw, he asked just for 50 cents 

maybe will his evening be happier than mine ... why? well, gonna watch what mr. market did 2 my account on a day when gold/silver collapsed :-(

(source: unknown ... prolly found somewhere in the internet or in MSFT windows templates)

... ohhh, the most gold/silver stocks are down a lot 2day (minus 3% to minus 7%) ... gold -1.76%, silver -3.19% ... my account lost 'just' -1.75% as few small canadian explorers (esp. my big portfolio positions like scorpio mining, cardero resources, commerce resources, ...) did quite well ... and the most commodities in my trading account have fought also well (besides silver, of course) ... go commodities go!

btw, do u think i could get a better karma next time?  hmmmm, next life?

addendum, 07/29/2010: OMG, that karma thing really works!!!!! WHEAT, WHEAT, WHEAT + rice + gas + SUGAR (!!!) + corn + coffee .....

my CFD trading account at high-high-higher all-time-high again ... even more than 400 €uros higher than yesterday ... btw, i changed my original plan 2 wait till silver falls to $17.31 and increased my silver holdings yesterday @ 17.50 ... good luck my shiny silver, good luck :-)

go commodities go! 

gold bugs club, orange juice

folks, i've met few like-minded folks at the meeting of germany's gold bugs club DEG http://www.edelmetallgesellschaft.de/ in munich where we spoke about financial system, inflation, money from thin air (bernanke's + paulson's rescue programs), metals, manipulated markets .... so there was not much trading today :o). just my orange juice buy order get filled. i'm so afraid that my sugar buy order (@ 11.71) which was so close to the market prices 2 days ago (i've placed it after returning home from my office but the market was already closed :o) will probably not be filled as the sugar price rallied 2 consecutive days and quotes now @ 13.02)

item--------------: orange juice
units--------------: 1
order type--------: limit
trade type--------: long
entry date--------: 09/25/2008, 15:03
entry price-------: 92.2
initial stop-loss--:
new stop-loss----:
exit date---------:
exit price---------:
profit (loss) in %-:
profit (loss)------:
reason why + strategy: well, in my opinion is mr. market trying to build a bottom in the orange juice price. let's bet on that!