P/L sharing 20241012 - GoldETF
Hi, Mooers, welcome to my post. This is Terence and happy to share my P/L journey with you.
Here is my result by 11 Oct 2024:
Here is my result by 11 Oct 2024:
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Based on the images, this week is red for me, down about RM200, ending with total P/L at around RM300. Feeling rather uneventful week. Perhaps to profit from the market is supposed to be boring and less emotional.
Additional sharing:
Just to stir things up a bit, let me share how I end up with GoldETF in my portfolio. Back in 8 Jun 2024, seeing a possible dip on chart, so I long on GoldETF. Surprise or not surprise, it doesn't move much since then, despite Gold/USD has been raising. Make me feel dull on Malaysia ETF. (ok, maybe today got slightly better)
I didn't read up any news related with gold. Gold doesn't pay dividends or interest. So, I don't think gold is good for long term investment, and just do trading move on gold. I have no pretty story or intelligent analysis here.
Please like and feel free to share your thought for this post. Please let me know what to include next for better post. Thanks!
previously in P/L sharing: P/L 20241007
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