DislikedHi realjumper,
I gotta give it to ya to be that honest.
I actually have learnt A LOT from this particular thread, it's been giving me nice profits in the last few months too (that paid my overseas trip!)
HOWEVER - about gold in a bubble...I can't take sides and I don't really care. Simply put..if you have TIGHT stops and NOT-SO-GREEDY t/p, follow the TREND, you can't lose or at least you know when to stop, regardless this metal be in a bubble or no bubble.
[color=Green]I know, I know gold will cost like a gazillion dollars every ounce one...Ignored
If you're learning, then that's all that matters and it's good to see. I get very frustrated with people who follow others because they will never learn, I get frustrated with people who make calls about direction with no reasoning, and I get frustrated with people are not able to look at points of view other than their own.
The gold bubble thing has got way out of hand here. Many people, me included, think that the gold bubble is real.....but I'm not saying that it's a fact, I'm saying I think it is in a bubble.....pretty sure in fact, but I'm open to other ideas. Will this bubble (or not) continue up some more?....I don't know.....I don't have a crystal ball......there are many, many factors that influence the direction and so I will wait and react accordingly.
Gold is a funny thing.....it exposes us humans as what we are ....silly!! Gold is only worth what people are prepared to pay for it.....it only has value because we silly humans give it value......how much value are we prepared to give it? Who knows?!?!?!
Yep.....depend on yourself and your system, and let others do the same. I don't mind to share some knowledge and ideas with people, we each learn from each other.....the whole point is to develop your own system (or method), and refine it over time so that it's profitable and reliable. That's the best thing for you to achieve
Doing what you like is Freedom. Liking what you do is Happiness.