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karoshiman

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Everything posted by karoshiman

  1. Out of Feeder Cattle long at 152.05 with a loss. Should have waited for the report to come out and see how market closed.
  2. Long Feeder Cattle near support at 152.75 after breakout of triangle.
  3. Out of my Sugar short at 18.91 with a loss. Honestly, I have no clue what Sugar is doing at the moment... should probably stay out...
  4. Short Class III Milk at 17.95. Breakout of congestion zone.
  5. Covered Sugar long at 18.56 with a loss. Short from here.
  6. Took part of profits in Cocoa at 2227. Let the rest run.
  7. You are right about that. But doing that won't make you a billionaire within the next 40-50 years (he will be gone soon anyway and nobody knows whether his successor(s) can maintain the returns he was able to generate), i.e. his returns were much higher at the beginning of his career than they are now. Not saying that it does not make sense to copy his positions, though.
  8. Short in Cocoa from 2269 yesterday (sorry, forgot to post). Breakout of triangle on daily.
  9. Maybe the questions should be more specific. Are we talking about retail traders or specialized firms? E.g., retail traders cannot copy the trading techniques of HFT firms, but at least they have a fighting chance to copy swing trading or "certain" investing techniques. Note: I say "certain" in the latter sentence, as the investing techniques of Buffett - to which the poll relates - are not that easily to copy... the various books describing his "value investing" style do not reveal in detail how he developed the foundations of his huge fortune. I've read once an interview with someone who followed his paths for many many years (forgot who it was) and this person said that Buffett made his fortune mainly by taking controlling interests in companies and influencing the way the businesses are run, which is basically the private equity model of investing; hence, difficult to copy by retail investors (yes, he must have been successful before in order to be able to buy controlling interests). Maybe there is even more to it, but what I'm saying is that there is more to it than just 'buy what you understand' and 'buy cheap' (I'm simplifying here) and you'll get rich... Not saying though, that this is a bad idea to invest like that, but many authors writing about Buffett's style sell it like everybody can do it... this sells the books much easier than telling everyone that it's "slightly" more complicated than that...
  10. Trying a long in Nasdaq at 2718.50 after the triangle breakout and flag of the last few days.
  11. Out of Cotton long at 74.24 with a loss. Turnaround still possible, but choose to reduce my risk. Might re-enter long again later.
  12. Short Soybeans from 1376.75. Head & Shoulder Formation.
  13. Recap: NG & W trading lower as originally expected. Covered short pos. too early. Traded too big, hence, were too nervous
  14. $SB_F Trying a long in Sugar now at 19.68. Breakout of Wedge on weekly.
  15. Been kicked out of my OJ position at 126 on Friday. What happened with the markets...?
  16. Just a reminder: Still short in ES from 1422.25... Happy New Year everyone!
  17. Been kicked out of my Sugar short at 19.55, so far the high of the day My stop might have been too close...
  18. Getting out of my Wheat short position at 770 with a profit.
  19. Went short ES at 1422.25 due to breach of TL overnight ... and it's the end of the world, of course
  20. Out of my remaining NG short at 3.515 (March) with a net profit (whole position).
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