RM's occasional market calls...

Discussion in 'Journals' started by Rearden Metal, Nov 8, 2010.

  1. Lucrum

    Lucrum

    Frankly, I can't think of anyone still here that's in his league.

    You might check the 2013 PnL thread for consistent winners.
     
    #271     Apr 13, 2013
  2. there are traders that make money here that don't post there pnl and or only speak on topics that don't elude to there size and profit of their book..
     
    #272     Apr 13, 2013
  3. jj90

    jj90

    RM,

    For high conviction trades such as this, what % of portfolio do you risk? And/or how much leverage are you using? Just trying to get an idea of what size one should be putting on if one has high confidence in a position.
     
    #273     Apr 13, 2013
  4. 1438 on June is a buy here.... may want to lock in some gains on your vol position. My guess is that we'll touch 1460 by tomorrow's close.
     
    #274     Apr 14, 2013
  5. RM, good call, I have a PT on gold of $1160 which I think will be hit over the next 1-2 years.
     
    #275     Apr 14, 2013
  6. toolazy

    toolazy

    why bother. Price will be lower in couple of days.
     
    #276     Apr 15, 2013
  7. Hit 58.50.
     
    #277     Apr 15, 2013
  8. I know there is at least one billion dollar fund manager who reads ET for entertainment - posts too, but most would be shocked who it is------ I am sure there are more, :p :D
     
    #278     Apr 15, 2013
  9. I had planned to hold for months, but with spot now down at $1379, I have put out a bunch of limit orders to liquidate that have been filled. I'm now out of most of the position, consider it closed here, will write more when I have time...
     
    #279     Apr 15, 2013
  10. http://www.youtube.com/watch?v=-FucbvoFFy0
     
    #280     Apr 15, 2013