Gold - on cusp of massive bearmarket :)

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Quote from deadbroke:

$1,340 would be a better 4H TLP/reverse to Short.

Oct 7 to Oct 12 could be a small weird triangle on 4H - if so the rally thereafter is the terminal subwave.


Done!! The Short is on! Use judicious STOP of your choice.
 
Quote from deadbroke:

Done!! The Short is on! Use judicious STOP of your choice.
If you want to be a bona fide guru deadbeat you're going to have to tell your followers where to place their stops.
Remember, they're not smart enough to enter trades without you showing them every step of the way.
 
Quote from Lucrum:

If you want to be a bona fide guru deadbeat you're going to have to tell your followers where to place their stops.
Remember, they're not smart enough to enter trades without you showing them every step of the way.


I don't got no followers (vernac .. to lower the gradient for YOU :) )

THEY all follow YOU and YOUR mantra, namely nothing about the future can ever be known, so why bother to try = best one can achieve is to be TOTAL EFFECT = being CAUSE is anathema.
:) :) :)

--------------------------------

Wrinkly whiter than white (with neck of bright red color) Lucrum, his hair completely white, marries a twenty-two year old girl, and she gets pregnant.

Nine months later, he walks into the Maternity Ward. He says to the nurse, “Well, how’d I do?”

The nurse says: “She had twins.”

Lucrum says, “Heh, heh, heh…well, I guess that goes to show, that even if there’s snow on the roof, there can still be fire in the furnace.”

She says, “Well, then you’d better change filters. Both of the babies are black.”
 
Stop = over the top ALWAYS until a Top is proven. Several attempts might be required to catch a top, but once caught and verified, only then should one pour on the coal with leverage. The minor losses evaporate quickly and the floodgates open with the responsible use of leverage.

then if correct in calling a top, the STOP can be progressively moved down first to breakeven, then lower as the downtrend proceeds.

:)
 
Quote from deadbroke:

Stop = over the top ALWAYS until a Top is proven. Several attempts might be required to catch a top, but once caught and verified, only then should one pour on the coal with leverage. The minor losses evaporate quickly and the floodgates open with the responsible use of leverage.

then if correct in calling a top, the STOP can be progressively moved down first to breakeven, then lower as the downtrend proceeds.

:)
Spoken like a truly clueless newbie.
 
Quote from deadbroke:

Stop = over the top ALWAYS until a Top is proven. Several attempts might be required to catch a top, but once caught and verified, only then should one pour on the coal with leverage. The minor losses evaporate quickly and the floodgates open with the responsible use of leverage.

then if correct in calling a top, the STOP can be progressively moved down first to breakeven, then lower as the downtrend proceeds.

:)
you broached an important subject on why losses are good events for a trader.
 
here we go

hey DB are you long ?

upside is listed for you


hint hint

close them shorts son

big move up coming

daily cycle ended

up up and away

27yd16d.gif
 
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