That was a minor loser. We are long gold now as a paper trade. This was the call on July 10 Action to Take --> Entering gold now with stops at $1,170 makes both fundamental and technical sense. I expect to see gold back above $1,400 prior to another substantial down wave.
Admitting my demon makes me simplistic? You don't know any real -big time speculators, do you? Ego and hubris are my demons. I'm trying to beat them down the best I can. surf
No struggle, just need to make certain a good editor/English major is on the payroll. This is an Internet board Strunk& White don't apply. surf
You stated you had large size and conviction on that trade. When it failed, it precipitated your claim that you will stop posting on Elite Trader. You then vanished in shame, and, as per usual, came right back.
Don't flatter yourself, try functional illiteracy. Since you seem to suffer comprehension problems, let me spell it out for you. Not your admission of personal limitations, but your actions in calling the top and the arrogance thereafter, were simplistic. You really think that your so called price drivers (no longer worthy of capitalisation) could pin a market top? Let's apply the same standards you apply to TA. Stop this cherry-picking BS about successfully calling the bull market. How many calls did you make in total? How many were right? No excuses about short term trials, if you did not say up front that a call was a trial, you don't get to weasel out after it proves to be wrong.