Im still bullish and will consider adding to my mgc but probably won't be to quick in doing it with the fed meeting coming up next week.
Still in the same positions, still hating the GDX. Can't let it go just yet.
Would you rather short the high and cover the low.... There are a million ways to trade. I'm pretty sure convexx trades his way pretty well.
So we have 30 year cycles, 1999 was a valley, and 2011 was a peak? That makes no sense. I have a feeling there something is wrong here. I see...
Lol so the people buying spx puts in Sept. didn't get paid? :rolleyes:
Wild equity markets right now and gold just continues to trade a little higher everyday. Still have my same positions on and I may add a little...
Take this all with a grain of salt because I don't feel like my edge is in how I enter a trade. To me my edge is finding extremes in sentiment...
I do take profits on the way up. I don't have set targets though I use a combination of experience and technicals to take profits. If I think...
I think volume is important but I actually look for points of low volume to add positions. I'd rather look for a volume explosion and then buy or...
It does sound like we have somewhat similar trading philosophies. I don't hedge much. I'd rather just start with very small positions and...
Thanks man. I always like to talk trading so your opinion is always welcome.
I would agree and say that the chart looks bearish, but then again they all do when a market makes a bottom. Unlike, so many on this site and...
Still in all the same positions. I may cry later about this GDX position. :confused:
I think if he mentions "we" when referring to the PD's it's a v1. If he doesn't it's a v2. It's really a simple system when you get down to the...
Was this exit because the PD's had shifted?
Barf, should have sold the GDX. Going to wait and attempt a graceful exit. Lapse in discipline, should have stuck with the original plan which...
Entry on GDX not great and may let it roll into tomorrow. Really feel like there is strength there and my incredibly small size gives me...
Also, in case anyone was wondering what I look for in an entry like my gdx trade. It's an explosion of price and volume, then a high...
I don't trade elliot wave so I'm not even sure what you are talking about. As far as price projection and targets are concerned, I wouldn't be...
Bot 2 Gdx Nov. 7 21.5 calls for 1.01. If we don't break above 22 and stay above 22 I will most likely exit these on the close.
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