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USDJPY again.
I’m feeling quite numb to these berserker rages like I don’t care about money anymore.
Just looking for the thrill of trying to make something back.
Lost another 14K.
My full year loses have surpassed $130K liao.
How to make this back man?
Geez I’m at abit of a loss now (pun intended).
Haiz.
This is the worst!
Just over lunch, with BOJ announcement on the JPY Yield Control Curve that’s been causing crazy volatility in USDJPY, I went to launch a 1.5M long on the high!!!
Ended up losing SGD37K!
OMG!!!!!!
All my hard work last few weeks to keep clean and try to prevent any blowouts, invest wisely and grow my wealth, and I wipeout almost 40K of my networth.
What I dunno how I keep gambling like this man.
Argh.
All I can think of is that I’m still alive another day.
But this is by far the biggest hurt this year I’m sure!
And just because of a moments folly during lunch hour!
OMG!!!!!!
I think I have to quit trading for 2 months at least!
Still holding to my long USDJPY.
Now it’s 250K.
Friday encountered a very heavy selldown.
It is currently at 142.01 which my average pricing is around 143.5.
But no sweat lah, I’m just gonna keep holding on and earn the daily carry.
Huat ah!!!
The gift that currently keeps giving.
Managed to hold on to the 400K position up until now.
Sold off 350K at $145.03!
Currently holding 50K at $144.40 now.
Let’s continue to huat!
Let’s goooooooo!
So I was holding 200K of USDJPY at 141.02 since last week.
Last night I added another 200K at 141.38.
The 5% carry is really nice as I’m earning money every day I hold this 400K position.
Pretty certain this will go to 145-150.
Particularly because the Fed definitely isn’t cutting rates any time soon, and might even raise rates two more times this year. All while the Japanese governor Umeda has said the loose JPY policy will still be in place for the next 18 months.
Let’s see how long I can hold this position for and hopefully I can earn tons of money on this!
Let’s goooooooooo!
This is really a tough year for me.
That PE I invested in Polestar, has lost 70% in value.
Then I keep going on these stupid trade loses which are just downright wasting money.
Right after my sixth berserker rage, I put in another crazy large sized same short trade in the NASDAQ hoping for a hawkish Fed rate hike surprise.
And of course that is contrary to the market’s reaction.
I’ve lost another 14K.
Geez.
I really don’t know how to stop.
I just can’t prevent these things from happening it seems.
As long as I have margin, leverage and some spare cash, I just throw it all away in gambling on FX or Indices.
This time it started with a Friday fun bet on shorting the NASDAQ, which spiraled into craziness of longs and shorts that made little reason.
Ended up losing $15K.
How can I stop this and when will it ever end?
When I’m broke?
So I’ve hit my 75 trades by 9th May.
It means I’m all squared liao.
Was nice as I made about 5K on USDJPY.
Took a small hit on gold.
Only my SEA Ltd sold put is still in play but that is surely going to expire worthless.