Saturday, August 21, 2021

Sold my Gold. Stop Trading a while.

2 weeks after I build up my large 9% gold position, it hiccuped:

After that, I reduced the large position, losing ~USD 1K, and am now down to a manageable 3%.  Will probably sell it all.

The macro environment keeps changing too fast.  If I trade now I need to hold smaller positions for shorter times.  That doesn't suit me so I'll stop trading for now.  I trade best when I am willing to buy at times that no one else is - and thats not now.


The market is still reasonably priced, I'll just buy dividend stocks instead.

2 comments:

Anonymous said...

Few are buying Chinese stocks on US & HK markets now. :P

Unknown said...

what are some of those Chinese stocks in HK worth considering now?