Wednesday, July 12, 2006

Now I'm up 13.7% on my portfolio, over basically a week of trading. I decided to start liquidating some of my riskier assets to buy low risk bonds since I think I may already have enough gain to win the competition. There's still a month left, but the next guy is only up 7%, and now the pressure is on him. What really sucks is that if I could take back my initial mistake where I sold gold futures short instead of buying them, I wouldn't have lost $48k, I would have gained $48k for a swing of +$96k, which would have put me over 30% up.

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