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Gambling Update

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Previous Update

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I let my stop-loss activate at $9777 and I haven't even thought about buying back in. It's nice to have my USD hedge back in the event of the crash to $7500 I've been predicting for a month now.

Things have been moving a bit more quickly than I originally expected. Therefore, I'm altering my plan and moving up the timetable by a month. I'll no longer save the hedge to buy back in during the month of October. Instead, I'll dip by toes back in at the end of August and most of September.

If the market happens to flash crash another $1000 I'll definitely think about day trading again. Although at that point I'll probably just get greedy and set the limit order to to buy at $7777. In fact, I'm going to put this order in right now... done.

Come on, lucky sevens!

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Gambling Update was published on and last updated on 28 Jul 2019.