Gold Trade Proves Spectacular to the Upside [View article]
..."document"??????...... asking a gold bug to "document" his callls?????...what suburb of "Fantasyland" do you live in?
On Dec 01 08:36 AM leh wrote:
> Yes, nice call BUT it would be very helpful (and honest) to document > how many false starts/head fakes you've bet on in the gold miners > over the past several months and how much this has cost you to date. > Technically the sector has just broken out from its correction from > March/April timeframe, and strict trend followers are now looking > for entry points on pullbacks. As someone who has been painfully > headfaked by this sector multiple times in the past couple months, > I'm learning the old lesson of price confirmation (vs guessing) before > jumping aboard this time. Nice to catch the bottom, for sure, but > honesty demands we ask how many missed swings you've taken to date > before hitting this homerun.
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Dec 01 11:30 am
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All Comments by raytayzmd »Gold Trade Proves Spectacular to the Upside [View article]
..."document"??????...... asking a gold bug to "document" his callls?????...what suburb of "Fantasyland" do you live in?
On Dec 01 08:36 AM leh wrote:
> Yes, nice call BUT it would be very helpful (and honest) to document
> how many false starts/head fakes you've bet on in the gold miners
> over the past several months and how much this has cost you to date.
> Technically the sector has just broken out from its correction from
> March/April timeframe, and strict trend followers are now looking
> for entry points on pullbacks. As someone who has been painfully
> headfaked by this sector multiple times in the past couple months,
> I'm learning the old lesson of price confirmation (vs guessing) before
> jumping aboard this time. Nice to catch the bottom, for sure, but
> honesty demands we ask how many missed swings you've taken to date
> before hitting this homerun.