I think you are going to see a pop out of the box this first week as buyers come back in. Gold broke through the P SAR and silver is just shy of doing the same.
Money managment = 100 different things like:
adding to a losing trade
overleverage
running without stops
being just plain stupid when it comes to trading
please feel free to add fellow ET'ers
If he was a good manager, he'd still be managing. Instead he doing a lot of talking so take a guess on his performance.
Countertrend Cramer Stategy is a good play. Look to gold as a nice hedge with some options to grab the downside move.
Leverage is the enemy for FX. You can lose just as fast as you can make. I would recommend you go into FX slowly if you do head in that direction and do it with a trusted platform.
Read more in the FX forum and work on your risk management strategy.
Good hunting!
I don't buy the banks showing any vols to anyone. The only place to get FX vols is the CME. No bank or system would give that, especially to a "free" system. Crap they don't even give that to customers they beat up every day.
Gold came off a bit the past few weeks and this week with low volumes it has crept up to hit the Parabolic SAR.
I think we've all seen this before, but what's the thought here?
Is it an early 2007 run? A little pre New Year buying? Is it going to punch through here and make a run for it...
Please bring it, these talking heads are killing me. Who cares that the market is 12.83 above the record close? Why the X*$% do they have to flash it at the top of the screen?
F. If you can fund your account with a credit card
G. If you can't find a physical mailing address on their website
H. If they have cheesey actors on their website posing as operators, business owners or worse winning customers
Guys, not a good place to have this type of discussion, even if you are just talking out of you arse.
Smelting it anywhere is an offense. Think about it. If it was ok to do somewhere else, thenprinting US bills and circulating them abroad would be ok too.
My father inlaw uses Starband and has some pretty good speeds. Price is not too bad either. He is remote and getting a wire stretched to him is too $$$.
Good hunting!
Oh please, why do we continue on these threads?
Hey bud, why don't you wait for your 25% of the $15M from the wife of the former Minister of Finance from Congo and buy a couple billion dinar then????
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