You should have been watching cbot mini gold YGZ after the fed announcement. The price dropped $24 for 30 seconds than came right back up. 400 contracts were sold off, at market I assume.
I tried to buy in at the bottom but it was moving too fast for limit orders and the ask was still in the...
It seems that the time frame of the trade has a lot to do with wether averaging down should be used. At least in my experience. I never average down on scalps or day trades but use it often on swing trades.
If I enter a swing trade that my analysis shows should last a few weeks, I often...
I am amazed at how so many of the "professional investors" on these forums shoot down real estate. I am with you 100% SM.
I own several apartment buildings, each bought with no money down. They have never cost me a dime, as the renters pay all expenses. When they are paid off the positive...
On the first setup drawing(2lhs, 2lls), I did not think the price had to retrace past the previous LL. I thought any pullback with a 123 reversal was sufficient.
Am I wrong about that?
PS - I usually post under "edpolton" but I replaced my computer and I had to start a new account because...