DayTrade-Investor

average down for medium return, by skills/intuition
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what to do after brexit -IMHO

(2016-06-25 07:13:43) 下一個

The past week is so-so with my trading. Now we are in post-brexit, need some new plan.

On Friday, unloaded most UVXY, preventing small bounce monday, which seems now more likely small drop. Anyway, will add if bounce. Added SDS to fill UVXY position cut. 

also cut loss DUST small position, seems very right. Now market is talking about FED cutting rate, which I belive is more possible then somebody said FED rasing rate to destroy EURO.

bought heavy position on airline (DAL). Reason for the drop is because pound dropping, english will have less buying power. My thinking is then American have more buying power. The latter will have a bigger effect on airline travel.

bought medium position on JPM. It dropped because of finantial market loss due to breixt. hmm, this might be right, but I trust the guys in JPM. I transferred big portion of my 401k to their fund, which seems perform better than others.

Monday I will pay attention to individua stock picks, forget about oil, gold.

Happy trading!

 

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