Sunday, June 23, 2019
Trading History
I was wondering how my trading performance looked over the long haul and put together this chart which is cumulative profits from trading futures, ETFs, options etc. Mostly, I haven't included individual company stocks. Up to 2002 I just lost money really. Then from 2006 to 2008 I started systematic trading and had ups and downs and mainly went sideways. But then as the financial crisis deepened things went off a cliff. After that, I didn't trade for a decade until last year. After and initial dip, I made money every month till October last year and then took a break from trading. This year, I came back with a new approach and so far are doing even better. I am now better than breakeven in the long run from trading. I would say that I am optimistic now rather than confident that this can be a long-run source of profits.
Tuesday, June 11, 2019
Only 40 Active Accounts Trading Bitcoin Futures?
According to this article, there are only 40 active accounts trading CME bitcoin futures. I can't read the whole article without paying for an expensive subscription, so I don't know their methodology. I am surprised by this as I have two accounts regularly trading bitcoin futures. I wonder if all accounts at a broker like Interactive Brokers are bundled into a single virtual account?
Thursday, May 30, 2019
Cancelled my Income Protection Insurance
Unisuper are raising the cost of income protection insurance by 43%. I can't see why I am paying for this insurance any more, and, so, I cancelled it. That's AUD 2,400 more a year that will be going into my superannuation account. I kept the death and disablement insurance as it costs much less, though I'm not 100% sure that I should be paying for that either. The death insurance pays out AUD 1/4 million and costs about AUD 50 a month.
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