Short Gold, now

At this point it's becoming kinda clear that the OP was either Trolling, or trying to create a Gold Dip where he could start buying himself before the climb...

Well done, OP!
 


#@$%@! - stopped out at 170.80, about an 11k loss :(

oh well, guess that will teach me not to set my stops tight right away at the beginning of a trade. I need to be more disciplined on that, it isn't the first time it cost me money in the market.

It's small consolation, but in looking at the broad market overall, I actually lost less money moving into my Gold short than I would have keeping it in the long positions it was in before.
 
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#@$%@! - stopped out at 170.80, about an 11k loss :(

oh well, guess that will teach me not to set my stops tight right away at the beginning of a trade. I need to be more disciplined on that, it isn't the first time it cost me money in the market.

It's small consolation, but in looking at the broad market overall, I actually lost less money moving into my Gold short than I would have keeping it in the long positions it was in before.

You obviously won more battles than lost. Just move on. I give you credit for admitting your mistake and still showing your face in this thread. I've made a lot of money off my mistakes. Mistakes=Wisdom=$$$ or something like that :D
 
You obviously won more battles than lost. Just move on. I give you credit for admitting your mistake and still showing your face in this thread. I've made a lot of money off my mistakes. Mistakes=Wisdom=$$$ or something like that :D
Yeah man, I'm sure you're doing better than I did when I dabbled in it. I don't even try anymore, lol...
 
#@$%@! - stopped out at 170.80, about an 11k loss :(

oh well, guess that will teach me not to set my stops tight right away at the beginning of a trade. I need to be more disciplined on that, it isn't the first time it cost me money in the market.

It's small consolation, but in looking at the broad market overall, I actually lost less money moving into my Gold short than I would have keeping it in the long positions it was in before.

The biggest mistake most investors make (and it seems like you're making it) is feeling like they have to be in a position all of the time...

I make large moves about one or two times a quarter but my returns are double to triple digits...
 
Titanium is the new Gold. Just say'n.

"Diamonds are forever"? Hell, Titanium > Diamonds - so it's a solid investment instead of Gold.
titanium... i lol'd. good for bike frames, but too expensive compared to carbon.
 
PROPOSAL (for willing ballers only)

A 1-month WF contest on who can do best with 10k USD. Any trade goes (forex, metals, donkeys, etc). MUST include screenshots of your trades or some kind of proof in a post right when you do it or else it doesn't count.

This is absolutely nothing but a gambling challenge... one that I'd expect to lose some money on... but the arguments, scandals, and competition could get fierce.

Anyone?
 
PROPOSAL (for willing ballers only)

A 1-month WF contest on who can do best with 10k USD. Any trade goes (forex, metals, donkeys, etc). MUST include screenshots of your trades or some kind of proof in a post right when you do it or else it doesn't count.

This is absolutely nothing but a gambling challenge... one that I'd expect to lose some money on... but the arguments, scandals, and competition could get fierce.

Anyone?

worthy of a thread of its own
 
PROPOSAL (for willing ballers only)

A 1-month WF contest on who can do best with 10k USD. Any trade goes (forex, metals, donkeys, etc). MUST include screenshots of your trades or some kind of proof in a post right when you do it or else it doesn't count.

This is absolutely nothing but a gambling challenge... one that I'd expect to lose some money on... but the arguments, scandals, and competition could get fierce.

Anyone?

worthy of a thread of its own

Great Idea, I'm in. Someone set it up... I nominate Berto ;)
 
PROPOSAL (for willing ballers only)

A 1-month WF contest on who can do best with 10k USD. Any trade goes (forex, metals, donkeys, etc). MUST include screenshots of your trades or some kind of proof in a post right when you do it or else it doesn't count.

This is absolutely nothing but a gambling challenge... one that I'd expect to lose some money on... but the arguments, scandals, and competition could get fierce.

Anyone?

I would be in