Gergely Kovats
Dear All, I hope you are all doing fine and everyone is ready for a nice summer. May has been very strong, we have achieved a value growth of over 10%, not to mention the fact that I've been able to make some profitable trades, and just cashed out 1% of my original invested amount, which means, you can also remove 1% from your copy balance if you wish. Besides the quick trades of $AAPL (Apple) and $TSLA (Tesla Motors, Inc.) the biggest one was made with $UNG (US Natural Gas) with a gain of 40%. Since this position was quite big, the profit already provided more than 1% clean profit, yet I only cash out 1% every month, as you know. The rest is reinvested. Currently we have some strong positions already set with decent stop losses. Among those positions we have $OLED (Universal Display Corp) and $CSIQ (Canadian Solar Inc.) and should the stop losses hit, we'll have our next 1% already for June, so this is great news. I'm also somewhat have a sense that tech companies will face some correction sooner or later, so I'm hedging with $SQQQ (ProShares UltraPro Short QQQ) for now but not planning to keep it for too long. I think that there is some potential for correction of $NSDQ100 (NASDAQ100 Index (Non Expiry)) at around 17800 or so. But in the meantime we keep growing and that's always great to see. I wish you all an amazing day and week ahead. Cheers,
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