A short confession from me: I'm 19 and this year I've burned around €500, which was actually intended for my MacBook (within 1 1/2 weeks), mainly through long and short positions ($ASML (+2.56%) short, $PHAG (-0.93%) short , and $MSFT (-0.26%) ) with aggressive leverage.

It was instructive, but also painful.

Conclusion for me: That's it for leveraged products for now. Too much emotion, too little experience and you end up paying the price. I realized that the quick in-and-out is not for me - at least not at my age and with my capital and little experience.

I've also learned something:

If you just buy what's on the forum, you have to expect exactly that.

Nobody here is responsible for my decisions, everyone is responsible for their own investments.

I'll file this away as an experience, learn from it and focus on calmer strategies in future (or nothing at all for the time being).

Perhaps this post will help one or two people who think that leverage is the fast track to success.

WOW, a very good morning I would say 🌅

that's what I call a start to February. Makes me immediately happy when I see it 😇

all the price alerts have exploded and robbed me of my sleep

Let's see what the week has in store...

$BTC (-0.6%)
$PHAG (-0.93%)
$4GLD (-0.45%)
$CSNDX (+0.32%)
$ETH (-0.74%)
$VUSA (+0.32%)

Gold and silver are often presented as if they were:

• immune to interest rates
• independent of monetary policy
• free from sentiment

In practice, they react:

• sensitive to real interest rates
• brutally to dollar strength
• and just as emotional as everything else

The difference: with precious metals, volatility is simply called "patience".

"Gold is stable in value"

Yes, in the very long term.

A savings book was also nominally stable for decades - but unfortunately worthless in real terms.

If you buy gold, you buy:

• no cash flow
• no growth
• no innovation

But the hope that someone else will buy it later at a higher price.

That's not an accusation - it's simply the model.

Silver - the eternal little brother

Silver is at the same time:

• Store of value
• industrial metal
• economic indicator

A bit of everything - but nothing really.

When it rises, it is "the new gold".

When it falls, it was suddenly "cyclical anyway".

Very convenient.

And then there's Bitcoin

Not a metal. No myth. No storage costs.

No opening hours. No central storage. No arbitrary expansion.

A firmly defined range.

An open, verifiable system.

An asset that nobody controls and everyone can check.

But of course: far too risky.

It's interesting how often "security" is confused with "familiarity".

Conclusion

Gold and silver have their role.

What they are not: infallible, without alternative or morally superior.

Anyone who pretended last week that there was only one truth,

is learning once again that markets know no dogmas.

Perhaps the fault lies not in the asset -

but in the need to always want to be right.

$4GLD (-0.45%)
$IGLN (-0.35%)
$GLDA (-0.56%)
$SGLD (-0.75%)
$SSLN (-0.93%)
$PHAG (-0.93%)

$BTC (-0.6%)
$MSTR (-3.4%)
$3350 (+0.21%)
#bitcoin
#silver
#gold

What a day. What movements $PHAG (-0.93%) today.

I had actually expected a correction.

My estimate is the $75 range, but not in one day.

Unfortunately, a total of 4 calls were hit. Despite SL, they ran into the KO during the night. Shit happens. My target for the middle of the year is USD 150 - 160, i.e. 100% potential from the low.

So shopping. But this time the calmer option with this volatility. And already up almost 10 %. Crazy today.

Plus a little gamble. It has to be done.

$4GLD (-0.45%)
$PHAG (-0.93%) kiss and greetings to @stefan_21 👑

$PNDORA (-1.22%)

Unfortunately, I can't add the purchase and my small valuation model to the post.

Buyin at around 68 euros.

Next year will be tough and I could imagine that the old margin will no longer be achieved in the long term. A P/E ratio of 8 is simply too harsh a punishment for the margin profile, 3.5% dividend and 30% payout.

$PHAG (-0.93%)
#silverbacktothebase 🤞

25% of the $PHAG (-0.93%) position sold.

Let's see where the journey takes us now 🤷‍♂️

is getting too hot for me, wait for a reset and then go in with a lever.

bought at the end of october at 38.73

It doesn't stop, are any of you still actively buying $PHAG (-0.93%) ?