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"how are you reconciling taking on size knowing you will 1 day get that blow out?" --->The idea is to make a run, and then very quickly withdraw much of the profits from my trading account, squirreling the funds away in other investments. If and when I blow up, the idea is to re-fund my...

Didn't really expect such a big move up AH, so got somewhat hedged with futures in case it keeps going up.

Odds are 95%+ that your statement is bona fide. You know what kind of guy looks at that and is 'positive' you're lying when you're actually telling the truth? The kind of guy who goes around bullshitting people all the time and naturally assumes everyone else thinks just like he does.

Sure, no problem! Pre-HFT: There were lucrative, constantly repeating short-term patterns with +EV edge in individual equities. Once a trader recognized any specific pattern, he just had to keep trading that specific setup over and over until that pattern finally cycled out into...

Yes and no, because there's a long time lag until that price floor actually takes effect. Once the mining infrastructure is already in place, it costs WAY less than $1300-$1500/oz to extract bullion. Setting up new infrastructure where there are no existing mines... now, that's a different story.

Sure, it also <i>feels right</i>!

I'm sure ppl said the exact same thing when the naz went from 5000 to 3000, and then bounced more than halfway back up...

BSD never PMed me! Silver lining is now I won't feel as bad if our positions go to hell.

That's where I REALLY put on the size!

Adding more GLD puts right here.... GLD= $141.59, limits in in case it goes even higher...

I'm just going to jump in here without reading the thread until afterwards: Going from 1/8's to 1/16's... 'Fill Prevention'*... Decimalization.... Death of the specialists... other stuff I can't recall at the moment... All of these obstacles felt like a kick to the balls when they occurred...

I think you have PM's disabled. Mr. E.? I mean, I used to know all those guys as you recall. Mind PMing me with who got big? I'm curious now... Oh yeah, what's his face with the gray mustache who was in one of the market wizards books, was published by Wiley, and is therefore associated with...

Well, I'd agree that I'm not methodical. So, pretty much...:D

I totally see your point. Only reason I'm not doing the same is because NEM has already <i>split the hard way</i>, and bullion has not. Race ya to the bottom... <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3787418>

Yes, one of them (with the initials V.N.) even posted here a few times. It was him, 100%. He used a name like Prof Spec or something similar IIRC.

Ok, here's a question: Is anyone here familiar with any other journal, anywhere on the net, where some trader has an extremely consistent track record of either winning or losing nearly all the time? Perma-bulls and perma-bears (like nitro) don't count. 50%-ish winners are completely useless...

Jesus, SOMEONE is certainly paying attention! Seconds after I posted that, someone just joined me in my GLD Jan '14, 130 puts with <b>massive size</b> (like 1,300 contracts. Just $half a mil$, no big deal :p). The timing was too exact to be coincidental, and now I'm curious who the hell is doing...

Thanks Pekelo! So I don't know about you guys, but today I'm <b>starting to build</b> my long term, long GLD Jan '14 puts positions! GLD current price: $140.54. What I really want in GLD today is an even bigger, huge up day with huge volume. That will add to my confidence regarding the...

Question some dude is about to ask me, so I might as well answer preemptively: "RM, you mentioned that trigger-shyness is one of two worst possible traits a trader can possibly have. So what's the other one? A...

"would you have any recommendation to sizing up and getting rid of the associated mental blocks?" ---->For your sake I hope your trigger-shyness issue isn't too extreme (=freezing up, unable to put on size at crucial high-conviction moments), because that's one of two trader mental blocks...