Buying DGP, right here, right now. DGP current price: $37.93 Time frame: 1-3 days. Will add more size if it drops further. (I'm not sized up yet at all... plenty of dry powder.)
I have orders in to scale out if DGP bounces just a bit higher from here before the end of the day. Unless gold drops below today's lows, it looks like this <b>won't</b> become a big money winner for two reasons: A) I never got a chance to size up, and B) I'm willing to exit with a modest to slight gain, provided DGP hits my limit prices before the end of the day. DGP current price: $38.10. I have to leave for a few hours now, so I won't be here to update this journal if I get filled on my exits. However, I am leaving some bids in too, just in case DGP happens to drop below today's lows (doubtful). Just FYI...
RM, further to your response to my earlier question, and judging by your own account of your trading, which can make for a very volatile equity curve, do you principally seek to maximize your return, or do you consciously seek to maximize your risk-adjusted return? You seem to have a big appetite for risk, so the answer is not clear to me.
---------------------------------------------------------------------------------- Ok, I understand what it mean now from the finance dictionary.