US Election

[Anonymous]

blindly following my system like a sheep to the slaughter is what im already doing… may as well keep doing the same

[Nick Radge]

Yes, a number of members are US, so I think personal opinion on politics and religion are best left aside.

[LeeDanello]

Point taken. Apologies to my American friends.

[Anonymous]

Scott McNab wrote:

Is possible impact on USD too if he did get in. Anyone read much on that ? I have only a small amount of USD.

good question scott. im considering converting across to aud. ill make the decision tmr.

[JulianCohen]

Darryl Vink wrote:

Scott McNab wrote:

Is possible impact on USD too if he did get in. Anyone read much on that ? I have only a small amount of USD.

good question scott. im considering converting across to aud. ill make the decision tmr.

You could convert half to AUD and leave half in USD. That way you are covered one way or the other. I think that’s what I will do.

[Anonymous]

sounds like a good idea julian… ill sleep on it and read some more news tmr

[Anonymous]

given that the market can drop “tremendously” at times like this. i cancelled my asx orders earlier and im not going to place any us orders tonight. with a moc system i think this could be wise…

[ScottMcNab]

I did too Darryl. However I just downloaded data for the day and if I had left it alone I would have made a profit instead of a loss…serves me right…

[SaidBitar]

For me it is the opposite, i wanted to trade but not getting filled
anyhow i am 90% in cash only 4 positions on the US WTT

today will be interesting i placed my orders and let’s see

[JulianCohen]

I have 12 orders for the US MOC for tonight and none for the swing. I’m going to place them. No point trying to second guess the market. I made money on the ASX MOC yesterday and I wouldn’t have expected that.

In the long run I think this could be a good thing: only from a trading point of view of course. We need some volatility and that is what we are going to get. If there is a recession and a stock crash, then we will make money when it turns around, as it always does. That could be a year or so down the road, but one has to look at the big picture. More sideways markets we don’t need.

[Anonymous]

how did you go on the asx today?

[JulianCohen]

Darryl Vink wrote:

how did you go on the asx today?

I had only 5 orders on MOC and 1 on the MR. 2 MOC got filled and both made money. Who’d a thunk it?

Having said that I got a right royal rogering on the ASX WTT so that balances things out a bit

[Anonymous]

yes i did not have the stomach for it and pulled out. back in tmr though!

[Anonymous]

Seems IB have stopped intraday margin due to expected volatility. I don’t have orders to place that would require margin if filled, but if one did, that would mess it up

[Nick Radge]

I had no fills in the ASX yesterday which was a bit of a surprise.

Big night in US, 15 orders placed, 14 fills for +3.6%

[Author]

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