I was surprised to say the least. I have written it and I have said it in public many times. Conceptually and algebraically, GDP (Gross Domestic Product) and GDI (Gross Domestic Income) must equal out and one acts as a check upon the other. When the two metrics are far apart, the Federla Reserve encourages those discussing economic growth to not rely upon one or the other, but to average the two.
I had told anyone willing to listen that the math did not add up (on that...

Over all accounts and portfolios, I am up approximately 500% in fifteen months. I am steadily de-risking and use leverage in the form of options only (vs margin.) Adding shares that are down on most days and building hedges. I’m learning about how to construct a portfolio for the long-term, as I’ve reached my goal. Though still play a bit as I enjoy speculation and due diligence. I’ve even bought TLT (ok, TMF, calls.) Buying bond ETFs and other adjustments, such as VIX calls, are...

What sort of expectations do you have for the end of the trading week? Seeing all time highs in ASX200 shows great strength in the ASX and the US contunied through tricky waters…

Loving the gains on this. Despite a lot of sleepless nights (I've got a baby) I am doing very well. Yesterday had a big shock though a big -500k day due to poor stock choices. But today another good gain. Let's see how I end up in 9 days time!
Learnt a few market things that occur with stocks etc... which in real world wouldn't have been gained as experience on this paper trading is great!

As looked likely yesterday the local market broke through to a record high today.
The S&P/ASX 200 index reached 8150.5 earlier and now remains around 8144.
Excitement over a presumed US central bank rate cut is powering a sharemarket surge in Australia and internationally.
"Markets soared to all-time highs overnight as traders grew increasingly confident the US Federal Reserve will deliver a half percent cut in interest rates at its meeting on Wednesday nigh...

I know its only Tuesday but its still good to look back. Acheiving a weekly % return above the S&P500 has been my goal these last two weeks focusing on 8% - 12% returns on all trades. Beating my local ASX is also a bonus but i also learnt a valuable lesson.
position size is now determined by a risk anslysis focusing more on portfolio diversification and not overall position confidence within comfortable risk tolerances.
opportunity cost is real