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Do you have a certain percentage where you call something a loser?

1. NUGT isn't the 3x leveraged version of GLD. It's the leveraged version of NYSE ARCA Gold Miners Index. 2. When I entered NUGT, the RSI of GLD was 71. 3. Technical indicators don't move markets. Fundamentals do. What do you think would happen to NUGT if the unemployment rate rose several...

If anything, gold should be the hedge on a larger portfolio. Unwise to go all in like I did. I just decided to swing for the fences. Imagine how smart I'd feel if I was correct.

Looks like you're guess was wrong. Hope you hedged your guess!!!

I can make much more with a REAL JOB. Or a company, that is.

And you're slow enough to spend all that time studying something you can't control. Best you can is hedge your bets in case you guess wrong.

I bought it in September and not based on Trump news. Don't quote me on things I didn't say.

Ok. So it's "b." I'll keep watching. Can you tell me why you chose 3271?

Why is it irrelevant to you? And how many hours per day are you watching charts?

In that case, you wouldn't even have to know what you're trading. Is that right? Just look at the price and technicals. The label at the top doesn't matter.

In that case, I'd be better off doing nothing. Because I can make better return doing something unrelated. What are your results? If you don't mind me asking.

Well taking the average slope over a specified timeframe is elementary math. The problem to me is knowing what timeframe is useful. And also knowing that it truly is fundamentals that move markets in the longer-term. You can quantify fundamentals necessarily.

What would a sign of medium or long-term top look like to you?

How can you avoid it when it's been the major market mover for a long time now.

Is the data you use more like... Fundamental data = gdp reports, unemployment numbers, company earnings, corporate debt levels. Or.... Technical analysis = moving averages, RSI, etc. ?

Should I focus on my REAL BUSINESS that doesn't involve staring at a computer screen instead? You probably wouldn't understand.

I agree. But of those three, Trump has the largest effect. But you can't predict what he'll say tomorrow. And not to mention that a tweet has nothing to do with actual economic fundamentals. But can't deny the fact that they've been moving markets.

The news and data are so random. Nobody has a crystal ball. Aside from predicting that stocks will go up long-term.

Very true. A lot of things are possible. And no one can predict.