Re: The Ultimate Leverage Investment Thread
 

thanks for explaining the problem kimchi, something ill definitely be far more wary of in the future.

general update, i am considering now putting half of all my income (salary, poker, other bits and bobs) into leveraging gold. busto would be at around $700. so say i make £5k income in a month. £2.5k into savings account, £2.5k into gold. so i'd add approx £20 per $1 swing in the spot price of gold.

fwiw i'd always keep £100k in non-spreadbetting stuff (savings/bankroll) but anything above i'd split 50:50.

good or bad or it depends?


currently i have increased my position to £150 per $1 swing. in a dream scenario i'd have £500 or so, meaning everytime it goes up $100 i'd make £50k, but i just dont have the balls to risk losing £50k right now.

Re: The Ultimate Leverage Investment Thread
 

uuurggghhhh, from at peak $18k up to now about $2k down. sick!

as soon as i started trading/altering %s/altering stop losses it's all gone wrong.

im going to re-do it and come back stronger. im leaving everything in there, im just coming up with a new funding approach (keep $30k in there, then 1/2 of salary+poker income) as i need to keep these as investing - long term buy and hold and top up when suitable.