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    RM's occasional market calls...

    I think it's time for me to clarify why this journal exists, what I'm trying to get out of it, what I'm trying to give, and most importantly: What I'm not trying to give. First, allow me to explain why this journal exists and what I'm trying to get out of it: IMO, all human actions and...
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    Gold

    3% spreads? N-word, please! The entire spread between bid and offer is <b>merely 1%</b> if you know who to deal with. http://www.tulving.com/goldbull.html ...and now you know who to deal with. You're welcome.
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    RM's occasional market calls...

    Gut feel, I guess.
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    RM's occasional market calls...

    The first one, I guess.
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    RM's occasional market calls...

    That's it, I'm flat. DGP: $38.23. Gotta leave, chat later...
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    RM's occasional market calls...

    I have orders in to scale out if DGP bounces just a bit higher from here before the end of the day. Unless gold drops below today's lows, it looks like this <b>won't</b> become a big money winner for two reasons: A) I never got a chance to size up, and B) I'm willing to exit with a modest to...
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    RM's occasional market calls...

    Buying DGP, right here, right now. DGP current price: $37.93 Time frame: 1-3 days. Will add more size if it drops further. (I'm not sized up yet at all... plenty of dry powder.)
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    The GoC challenge: how would you trade this market setup?

    Sorry Cutten, I think the reason for the low participation in this thread is that most traders (myself included) don't think on such lengthy time horizons! <i>'Identify an early stage bull market that I think will go up at least 300% in the next 5-10 years, maybe 500%'</i>, put on the...
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    Should I worry that somebody will see my dick?

    Yes, putting out the illusion of airline security accomplishes nothing, and inconveniences & demeans everyone. The U.S. already <i>had</i> the perfect model to copy after 9/11, which is El-Al... but they chose politically correct ineffective bullshit instead.
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    Muslim scholar stands up to fundamentalism:

    If only more of them thought this way. Hope he lives long enough to keep spreading his message... _______________ From the heart of a Muslim - Tawfik Hamid I was born a Muslim and lived all my life as a follower of Islam. After the barbaric terrorist attacks done by the hands of my...
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    Kudos to MMs

    Look, how about this: You need to dumb yourself down just to be able to communicate with any of the normal non-genius people that surround you, right? Well, how about also trying to dumb yourself down when talking (trading) with the market? The market isn't as smart as you are, simply because...
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    Kudos to MMs

    Ok, you're way smarter than everyone else here... We get it! Flexing your cognitive biceps with a message nobody else is smart enough to understand isn't necessary. Not for me at least, since I've conceded the fact that you've got at least 15 IQ points on me since I first met you. Respect...
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    RM's occasional market calls...

    Yes, definitely! Nobody else in the world cares about my entry price, so why should I? That's how I think, anyways.
  14. R

    RM's occasional market calls...

    I'm now out of 100% of the position. ZSL current price: $14.48, so consider this trade closed and done. Gella, I think you're cool. Glad you enjoyed the show, please drive safely. :cool:
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    RM's occasional market calls...

    ZSL traded all the way up to $14.55 just now, which means that many of my limit orders to exit have just been filled, praise allah. I'm now out of 79% of the position.
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    RM's occasional market calls...

    Basically, I <i>am</i> holding out for better prices. I've only sold 17% of the position at various limit prices so far. Most of my size remains intact. As for "nothing wrong with taking profits"... I think you know my mind doesn't work that way. The market doesn't know or care where I got...
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    RM's occasional market calls...

    Sold 5% of my position at $13.75. I have limit orders to scale out (slowly) in case the price keeps going my way.
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    RM's occasional market calls...

    Now I'm long 37% more ZSL than I was last night. ZSL current price: $13.35. Edit: Yeah, JD. After seeing bullion prices down so sharply last night, I too was hoping ZSL would open around $14. Then I'd have liquidated most of my position right on the open and counted my money with a smile...
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    RM's occasional market calls...

    I just bought 20% more ZSL in pre-open trading. ZSL current price: $13.42 JD, here's kitco's explanation for why metals are down big this morning even though the dollar is actually up today: http://www.kitco.com/reports/KitcoNews20101112JW_AM.html Glad you're in this with me... just...
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    RM's occasional market calls...

    Moving to Vancouver is always at the back of my mind (sometimes the front), but how easy do you think that would be? What if I'm tied down here in the U.S. by complicated personal factors you don't know about? How about the fact that most of my remaining net worth is tied up in a seven-figure...
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