current CFD account size €373

folks, i had to add some money again and my overall 'investment' into this trading adventure :o(. the costs of my trading study + the study of my soul since the very beginning in march 2007 reached € 3,333. what a nice number, isn't it?

well, i'm still trying to trade in the position-trader-mode even if the market seems to favor day-traders :o)). but as i know that i do not have enough time during the regular trading hours [and probably also not the appropriate intuition :-], so i do not really try day-trading now... well, i do often use a 5% trailing stop, but the huuuuge market volatility throws me too often out of my positions just to show me that the market moved in my anticipated direction later... well, i have to use stops anyway (compare my former lessons learned :o] as they help to protect my trading capital in case my opinion is absolutely wrong (btw, i would never, never, never believe that oil will fall from $150 to $35 in few months and without stops i would probably loose all my money while betting on its recovery starting from about $85, isn't it?)

open positions (all contracts are on the 'long' side :-):

2 x natural gas
1 x silver
1 x coffee
1 x orange juice
1 x sugar

... to do ... purchase date + price, stop limits, ...

silver long $10.87

... stop-loss-limit moved from initial $10.43 to $10.88 as silver jumped 3.16% to $11.36 today ... exit @ 10.88 on 01/07/2008 (http://jarogruber.blogspot.com/2009/01/re-entry-in-silver-coffee.html)

there is no santa claus ....

foks,

in munich is our x-mas dinner already over, in usa you will probably start with the celebration soon :-)

i've checked ALL presents under the x-mas tree, there was not a single stock or ETF from my 27 positions long wish list which i've published already in this november blog-post :o). do you think santa claus had no time to read my wish list or did he even thought that it is not a good time to buy stocks as they will fall further next year? who knows that?

... even if i got no stocks, no gold/silver coins (therefore i bought few myself), there were 2 nice investing books under our x-mas tree! one i've got from the switzerland's subsidiary of abn amro (jim rogers - a bull in china) and the 2nd from my internet buddy from berlin (a book on financial crisis ... the world is going to break apart :o)

i wish you all nice holidays + health + best luck + satisfaction for the next year(s) :o)

greetings from munich,
j.

silver, sugar, o-juice, coffee, natural gas

... to do ... ... let's bet on commodity-strength based on dollar weakness, the current low commodity prices, the demand supply relationship, ...

margin coverage too low = positions liquidated

... to do ... good luck this time as the liquidation price was higher as my placed stop limits and the prices fell later further :o)

silver

to do (on the weekend:) ... publish trade ... silver long ....

interest rate 0%

these stupid governments + their small corrupt central banks are sooo unbelievable idiotic! how can they set the interest rate to ZERO? well, they did today as the FED + BOJ (bank of japan) cut their fund rates to 0%. i think, the ECB will follow soon :o(. what is the next step? a negative interest rate? will they pay the incompetent & greedy banks money in order to initiate them to borrow new money? as long as money is just a piece of paper or a number in some computer system they surely can do that. but let's wait till money is gold + silver again! let's wait for the coming monetary reform! well, what to do till then? let's launch a bank and also borrow all that MONEY FOR FREE! well, we will be not alone doing so as the last 2 u.s. investment banks (goldman sachs + morgan stanley) + american express + few other financial institutions changed their status to a 'normal' business bank already in order to participate in the crazy bailouts + to get all the money they want to from FED directly :o(

these politicians & central bankers are soooo stupid! welcome in the next round of inflationary horror! be prepared => buy as much gold + silver + oil + commodities as you can afford :o)). thx goodness, i've bought gold + silver + energy + commodity shares in the last 2 weeks with all money available! why? in 2009 (in germany) will all financial gains become tax related => let's buy stocks this year at these low, low, low prices and avoid that tax forever !!!

x-mas shopping fever

how liked the markets that sick zero-rate-decision? they liked it a lot:

• silver +6,02%
• gold +2,21%
• DJIA +4,20%
• s&p500 +5,14%
• nasdaq100 +5,21%
• eur/usd +2,62% ... => IMHO it is just the beginning of the end of the USD => good-bye USD! did u recognize the slight but important difference to 'good buy'? yes? well, the usd is not a good buy at all! if the u.s. government/FED will not stop creating money like crazy, the usd will join all other former paper currencies on their small dirty currency cemetery soon :o). good-bye our current paper-money-system, hello & welcome our next gold/silver based monetary system :o)