took a bloodbath this morning for nuttin' Had I just held on it would have come all the way back up... Or it could go down further and wiped out everything. hmm...
i think it's the VIOLENCE of the moves that shook me out. NG moves so slowly and orderly. I should have held on.. Set me back 3-4 days.
Oh boy! I would definitely have been able to hold through that and even actually end up making money too!
I can't believe it happened again! So demoralizing. The kind of pented up anger and frustration I have with GC is unbearable! Kind of nasty misery! Should I continue to trade GC? Or just leave it alone and focus on NG where I'm successful....
GC is resting atm. If the markets are bullish expect gold to underperform and or chop around. This month is reporting season, am not expecting any major equity stock market plunges but once the season is over, watch out below. I remain bullish longer term on gold for this year at least. Day trading gold or any commodity at any time is not my idea of fun.