how are you gonna ride the Gold crash down and make $$$?

good call yesterday increasenow. how much did you make from it? a further pullback to 950-940 looks likely now. where it goes after that, who knows.
 
you finally get one right and you lose focus and don't have a position in place to take advantage of it. almost as bad as being wrong/early and losing money. hmmm
 
Quote from brocklanders:

you finally get one right and you lose focus and don't have a position in place to take advantage of it. almost as bad as being wrong/early and losing money. hmmm
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your right LOL :D hey did you get in on it or what are you trading currently?...still ES solely?..little Forex?
 
a 30 dollar move up or down in gold isnt "insane" by any means. You will be hurt by this move up. i trade it every day...its going up despite other commodities lagging...despite dollar strength, despite CASH for GOLD and US MINT gold coins being hawked every day on CNBC. There will be a HUGE move in gold once we break thru 1000 again. If my memory serves me, crude touched 100 and violently pulled back as well. The second time it got thru, however, ...
 
Quote from patbateman:

a 30 dollar move up or down in gold isnt "insane" by any means. You will be hurt by this move up. i trade it every day...its going up despite other commodities lagging...despite dollar strength, despite CASH for GOLD and US MINT gold coins being hawked every day on CNBC. There will be a HUGE move in gold once we break thru 1000 again. If my memory serves me, crude touched 100 and violently pulled back as well. The second time it got thru, however, ...
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Just my thoughts exactly

Am still shocked at how those who claim trading as a career choice would choose to enter a short/medium term trade at "psychologically important" price levels....:confused:

If you are quite keen, at least do via options with say 1/4 normal position size, then scale in ?

I suppose we have different levels of Testicular Fortitude :D
 
Quote from patbateman:

a 30 dollar move up or down in gold isnt "insane" by any means. You will be hurt by this move up. i trade it every day...its going up despite other commodities lagging...despite dollar strength, despite CASH for GOLD and US MINT gold coins being hawked every day on CNBC. There will be a HUGE move in gold once we break thru 1000 again. If my memory serves me, crude touched 100 and violently pulled back as well. The second time it got thru, however, ...
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Agree with you, but that CNBC commercial is hilarious. Same price every day for the same coins, and the guy is rolling his hands through the gold with those poser security guards. The commercial is so LOL I bust out every time it come son.
 
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