There's a Precious Metals rally in here someplace
- Thread starter countryBoy641
- Start date
But the Fed is NOT going to tighten. At either a fast or slow pace. Because once they do, markets everywhere will begin to collapse. And then they’ll just resume QE. People are so stupid. The Fed just jerks them around, on a chain, and they, in turn, do as they’re directed. However, eventually, some people will bite back.
If you REALLY believe that, then go long RIGHT NOW! I've been long since the peak, and I see no relief. So put your money where your f-ing mouth is, poser.
Dumbass.
I hedge all my new positions as markets goes up up up, BUT my system waits for percentages of range of last 9 years, I will do over 100 trades selling extremes at times. Since I know often 99+% trades will lose trying to find the extremes, automation over compensates volume, it might have to spread volume to other contract months, or spreads within that commodity or use stock options where underlying is similar to that commodity. So since System is looking for that one trade where extreme by luck is found, then after add ons will take place.
What ends up often is $500-1500 commodity losses but hedges will cover losses Plus give me an overall profit. So chance of loss is less than 2%.
Most won't do or sell system cause huge amount of losses, have to have deeper pockets to do this, but each year it is profitable.
I am aged from all the trading I have done, I know what works and continue to work on those directions.
I started long ago with small accounts, lost like everyone else, but I learned, size increased, I have done well. And at my age, I have nothing to prove, I don't sell anything and live my life as I see fit.
hey. Shitbird. I’ve been in it since 2019. So gfy.
Get a clue shit bird. I’ve been in it more than two years. I don’t have to explain myself to Johnny come latelys.
Except The Fed has been tightening - by gradually reducing their purchases. For all to see on FRED, if one opens their eyes and closed mind:-
Plain to see direction where this is headed. Not just slowing of purchases but actual reductions. Late each Thursday afternoon (today) new weekly number comes out. Let's just see what it is and if it follows the recent past of declining momentum and succeeding weeks until the week it shatters all naysayers nonsense.
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So you're saying that them actually raising rates (which they have done once this cycle in March) is them not really raising rates...It's fake news?