Just closed all Trump Trades – Short S&P, Long gold / Long silver, Total Loss of 0.45% Total Capital.
Very frustrating to anticipate this correctly then not make any money. Still it is all experience. Should have been much quicker in taking profit rather than running and also stayed up to watch conciliatory victory speech / set an alert or limit…
I am amazed market has more or less rallied to where it was the day before following one of the biggest political upsets in the last 100 years.
Continue reading “Closed Trump Trades – Frustrating minor Loss”
This is a simple bet.
If Trump gets in, at least for the first week S&P down 10-15%, gold up 10%, USD down 5-10%, I also think bonds could surprise on the downside. Then the markets realise he actually has very little power and everything goes back up again – if the president had power Obama would have achieved more.
If Hillary gets in very little happens, up 5% maybe, tops… Trump supporters could start civil disobedience if they think the election was stolen – in which case we go down a touch and I win anyway.
Continue reading “Trump Trades – Short S&P500, Long Gold / Silver, Currency trade TBD”