Showing posts with label tara gold. Show all posts
Showing posts with label tara gold. Show all posts

Sunday, September 19, 2010

#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 well, ive withdrawn 5k €uros in august and 1,600 last thursday, which is already few hundred euros more than i have put in the last 3-4 years in order 2 learn to trade and of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!

    Sunday, April 4, 2010

    top 10 :-) ~~~ ugh! 10 :-(

    folks, the loooong lovely easter weekend arrived on planet earth => lets take some time to switch my portfolio view from 'summary' 2 'detail' and look also at the 10 best and 10 worst single trades. lets start with the best ... damned hell! i even didnt know there is already a ten bagger in my portfolio yet! well, the rio alto minig appears approx in the middle of my summary list and my 1st shot at that stock is 'just' +27%, so i even didnt realize what a clever fox in december 2008 i was! tax free +1,045% (because of old german tax law before 2009), indeed!

    top 10,  


    top performance => top feelings :-)


    well, there were also few mistakes on the road => ugh! 10, 
    http://www.informedtrades.com/members/jaro-g-/albums/album-2/233-ugh-10.gif

    poor performance => ugh! feelings :o)
    ... or is it just an impact of caffeine on human beings? lol ... that coffee was prolly a little bit too strong 


    OMG! why didnt i buy just the 'good' stocks ?!?
    cheers, anyway :-)


    addendum, 04/04/2010: what abt a ten bagger bought with the proceeds of a ten bagger that was also bought with the proceeds of a previous ten bagger (100,000%)... => happy easter dreaming, isnt it? of course, ten baggers are fun . btw, the 2nd position novagold is also a ten bagger as it has also increased more than 10 times (bought @ 0.518 euros, current price 5.47, the last column shows already the profit).


    even more fun as the profit itself is the story behind rio alto mining . the explorer companies always have their own stories, you know?


    well, the rio alto guys called themselves 'mexican silver mines' 1 or 2 years ago. then the ugly crashy october 2008 arrived and the price of most financial assets crashed like a crystal vase on the floor ... not so bad for mexican silver! they still had 7m cash in their vaults, so theyve decided not 2 waste the cash on exploration of its projects and started ... got it? my lovely explorer company didnt like 2 waste cash on exploration?!? unbelievable, isnt it? just read a part of their old news release: .... .... The Company feels that these funds are better used to look for strategic alternatives which are presenting themselves to Mexican Silver Mines rather than in spending these funds on exploration. In today\'s market it is cheaper to buy than to explore and drill for production and resources. ... well, theyve started 2 look for acquisition targets like producing mines or competitors. after a while theyve bought rio alto mining with its gold-copper project(s) in peru! hmmmm, somehow stupid 2 call the company mexican silver mines if the major project is located in peru, right? no problem, lets take-over competitors name as well 


    fairytales 4 hardcore fans of exploration/mining business, company's website 

    folks, btw, how could we motivate my biggest position scorpio mining to become a ten bagger soon? any ideas out there? lol