It amazes me what I am reading here.
Now I understand why 90% of newbies crash and burn after 3 months. Eventually those that survive learn to avoid the oncoming traffic.
http://www.bloomberg.com/markets/ecalendar/
Learn what these "events" mean!
Watch out for this train, I don't think it's stopping at any station just yet! I got lucky 2X and almost gave about 1/2 back.
You better average in and have a plan B. This is similar to the Year End 2004 move that never happened at the end of 2005.
It always amazes me when people post editorial comments on a thread resurrected from 3 months ago that has absolutely nothing remotely related to the original topic!
He was down 10% as of Tuesday last week according to his website. You are right though abought fading these folks.
I wish it priced weekly, I would trade it like RYDEX!
Monthly is a bit of a gamble unless you average in/out.
Cheers!
How did Christian wind up for the Year, only down a mere 10%.
So that's a break even after he got paid!
Maverick:
I don't hate the player btw, I was very happy with the 38% I milked out of that investment. I am just happy to have liquidated before it really shit the bed.
Happy New Year...
If you sift between the Brown Nuggets on this board, there is certainly a few Nuggets of Gold here!
What indices/commodities are you trading?
Good luck!
Do what works, period.
You are not going to get a straight answer from the OP.
I trade both against and with the grain.
Guess what........when you master or start to understand the market's pulse you can profit in any market.
This takes years and nobody is going to spoon feed you a...