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I'm sure there are plenty of people in prison with experience.

Lescor started with 40k and a enough money on the side to live for a year. I would say 30k is more than enough if you have money to live off of for at least a year.

Only because of the roll-offs. The headline number is a joke if you know how it's calculated.

Stay away from hookers and blow. Only stick to the black tar and strippers!

I was def thinking today was more gap filling than weakness as well. I'm with gringo though I will be bailing tomorrow if we get hammered again or at least hedging with short gold futures. Should be a fun morning.

This is pretty standard action for gold going into a NFP it almost always just finds a range and trades inside it for 3 to 4 days. Wouldn't surprise me if tomorrow is an inside day.

I have made calls. I actually started a journal thread, which I'm thinking about rekindling, that was going to be solely based on my precious metals trading but the opportunities weren't there just yet as I was too early. I'm long the miners gdx/ gdxj right now but very small. I got long on...

Mav can you explain what your trying to point out with this chart? Sorry if I missed the point from earlier in the thread.

You mean that guy who ran that fund that had 100% plus returns for it's 5 years? The fund that is still around? I would think he knows something about trading.

Don't take this as sarcasm, because it's not. Seriously, it's not. BUT CAN YOU IMAGINE WHAT BERNANKE COULD DO IF HE KNEW HOW TO HARNESS THE POWER OF THE PRICE DRIVERS?!?!?!?!?!? I got a boner just thinking about it. Five year bull market? More like five HUNDRED year bull market!

I've been saying this for years.... THEY NEED TO BAND PORN!!! It's the only way to increase volume. No one cares when they can sip beers and watch bewbs!

Lol are you comparing your nut trade theory to the creation of the iphone, the theory of relativity, and the discovery of a solar centric solar system? This will not end well.

If you can put up a monthly chart from 1995 to 2014 and show me how it's bearish I'll pay for a night with a $10000 dollar hooker of your choice.

Hahaha. You just blew up OP's troll attempt. Also, it's always nice to hear success stories. Congrats.

I actually I made an error in my previous post. The nut hand isn't always the best hand out especially in a game like PLO where a player can be getting his money in bad with the nuts because of redraws. This makes your example even sillier.

Also, there is no "nut hand" in trading because we will never have a hand that we "know" is the best possible hand and can not lose. Besides, most of your money in poker is made from non nut hands.

I hate this trade. I trade gold and a few other markets full time and I wouldn't sell gold for any amount of money here. You need to look deeper than just price to see this though. Sentiment is as silly to the downside as it was to the upside in 2011. In fact, many sentiment indicators are...

The fact that you turned 15k into like 100k in a year is pretty impressive. The results aren't bad at all when you look at how much money you were pulling from the account.

This obviously was my first thought. Anyone that has a pulse and was buying any and all stocks with leverage could have wildly outperformed this year. This would all change in a different market environment. Odds are this is bs though.

Let me get this straight, you made 700% in a year..... And you are worried about making money?!?!?!? Jeezus people learn how to lie a little better.