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Only Gold!

  • #1,841
  • Dec 19, 2013 11:19pm Dec 19, 2013 11:19pm
$900 Here we come!
"A true speculator tries the market small." - Jesse Livermore
  • #1,842
  • Dec 20, 2013 1:42am Dec 20, 2013 1:42am
Quoting chip_8088
{quote} Hi Clock! you mean IDs is indicator! need help! so bad now!1/3 acc ..... Thank
Do you use some kind of instant messenger?

Here is my Skype: aurorain

Quoting trexy123
{quote} Clock you said gold will up ?? but I only see it down down down what happened ?
I still say it will go up, apparently, you've been absent here. Lately, I've been saying its going down, today, I say going up. So? what's your take on this?

Quoting Jgcole83
$900 Here we come!
Gonna take good time if that ever happens.


PS: For people who want to go long term long: Its is a very good idea, but please check the attached image. Its not as easy as it sounds.
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Hello World!
  • #1,843
  • Dec 20, 2013 1:54am Dec 20, 2013 1:54am
Quoting ClockTrader
{quote}PS: For people who want to go long term long: Its is a very good idea, but please check the attached image. Its not as easy as it sounds. {image}
i'm start to thinking being investor sir..
@buy gold 1.206,xx
put my SL @1.180

thursday drop was so fast -2,26% just like week before -2%


happy holiday 2 u all.
  • #1,844
  • Dec 20, 2013 5:47am Dec 20, 2013 5:47am
just keep buying the dips for me
Copy my trades for free ask me how )
  • #1,845
  • Dec 20, 2013 6:04am Dec 20, 2013 6:04am
Quoting asia_fx
{quote} i'm start to thinking being investor sir.. @buy gold 1.206,xx put my SL @1.180 thursday drop was so fast -2,26% just like week before -2% happy holiday 2 u all.
A typical investor would not put SL so close, the SL should be like few hundred $s away. I would recommend not using SL at all. If it bounces from here, don't get excited.
Hello World!
  • #1,846
  • Dec 20, 2013 6:39am Dec 20, 2013 6:39am
Quoting ClockTrader
{quote} A typical investor would not put SL so close, the SL should be like few hundred $s away. I would recommend not using SL at all. If it bounces from here, don't get excited.
To live a successful life, we must lose our fear of being wrong
  • #1,847
  • Dec 20, 2013 6:46am Dec 20, 2013 6:46am
just enter short for this gold....
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  • #1,848
  • Dec 20, 2013 6:49am Dec 20, 2013 6:49am
Quoting ClockTrader
{quote} A typical investor would not put SL so close, the SL should be like few hundred $s away. I would recommend not using SL at all. If it bounces from here, don't get excited.
possibly the worst advice i've seen on this site this wk

and Gold is not a Buy unless one really knows what they are doing or when back above the Daily 200EMA
as a real uptrend can ONLY be when above the Daily and Wkly 200s

there is a death cross on one of the time frames, and already is obviously in a huge downtrend
so shorts only for amateurs

Once spoke to a guy on another forum, who thought he could also trade Gold longing
and blew his 25K inheritance in 3 wks - hes never been heard from since

Gold is easy if you know what you are doing - but for those that don't it will rob you blind and stops are essential
300pips is a good no, after that get out as the trades gone bad
  • #1,849
  • Dec 20, 2013 7:09am Dec 20, 2013 7:09am
updated...
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  • #1,850
  • Dec 20, 2013 8:29am Dec 20, 2013 8:29am
Quoting ClockTrader
{quote} A typical investor would not put SL so close, the SL should be like few hundred $s away. I would recommend not using SL at all. If it bounces from here, don't get excited.
HI clock!
i have just send you my pm on skype!
at this time! i have learned a lot about invest!not greed is the key! i'll calculate my money and manage it,event if gold down to zero can not kill me!hic
Now !i have to calculate to protect my money,so need help from you ,guy
Thank!
  • #1,851
  • Dec 20, 2013 8:37am Dec 20, 2013 8:37am
Gold has been acting strange since yesterday US session, and since now is saturday I think it is not wise to make an entry. PS: recent ressistance around 1199 looks rather weak, I would not enter short on retest. I think above 1208 should be reached today, but it could be after new low. Inconclusive in the end, lol.
  • #1,852
  • Dec 20, 2013 8:56am Dec 20, 2013 8:56am
Quoting Carlsberg
{quote} possibly the worst advice i've seen on this site this wk and Gold is not a Buy unless one really knows what they are doing or when back above the Daily 200EMA as a real uptrend can ONLY be when above the Daily and Wkly 200s there is a death cross on one of the time frames, and already is obviously in a huge downtrend so shorts only for amateurs Once spoke to a guy on another forum, who thought he could also trade Gold longing and blew his 25K inheritance in 3 wks - hes never been heard from since Gold is easy if you know what you are doing...
Thanks for your advise :-)

Presuming a noob doesn't know how to calculate SL, apparently, he can lose no matter how much money he has. I agree. The person who can't calculate SL against equity would lose the money anyway, in Forex or in a Casino? or anywhere.

On the other hand, how do you interpret the word "Investor" ? I got one article to share with you Trader Vs Investor.

http://www.kitco.com/ind/Brecht/2013...-Investor.html

Investors

  1. don't give a sh!t to technicals.
  2. would normally invest in real /physical Gold, if one indeed wanted to invest in virtual, NO SL applies
  3. stay away from hourly or weekly charts, I would look at monthly chart at least.
  4. would not want to run away with profits next week or month.

"Investing is different from Trading". Since you look new here, I encourage you to check the first post & Page-15 of this thread.

I have proven that if a person invested in June & sold by/in Jan in the last 10 yrs, he would have made billion if not trillion pips, how does that sound? Ever heard of anyone making million pips? I have posted screenshots here with tens of thousands of pips of profit. Traders don't make that kind of money OR do they?

Hello World!
  • #1,853
  • Dec 20, 2013 9:38am Dec 20, 2013 9:38am
CMP @ 1204 & climbing, looks good to me.

My time to crash, wish you all a great & warm weekend ahead!
Hello World!
  • #1,854
  • Dec 20, 2013 10:03am Dec 20, 2013 10:03am
Quoting ClockTrader
{quote} Thanks for your advise :-) Presuming a noob doesn't know how to calculate SL, apparently, he can lose no matter how much money he has. I agree. The person who can't calculate SL against equity would lose the money anyway, in Forex or in a Casino? or anywhere. On the other hand, how do you interpret the word "Investor" ? I got one article to share with you Trader Vs Investor. http://www.kitco.com/ind/Brecht/2013...-Investor.html Investors don't give a sh!t to technicals. would normally invest in real...
did you make a billion ?

and no im not a newbie and could probably teach you a thing or two about Gold, so don't presume what you don't know
trading without SLs really is a newbie mistake, and best not to give such advice as someone may follow it
next you ll be saying average down
  • #1,855
  • Dec 20, 2013 10:04am Dec 20, 2013 10:04am
Quoting ClockTrader
CMP @ 1204 & climbing, looks good to me. My time to crash, wish you all a great & warm weekend ahead!
Have a great weekend too!! As for me, still trading. Just reloaded additional shorts at 1204 with first target at 1175. Think the big boys will take this down to yearly low, and maybe a bit extra.
"The market can remain irrational longer than you can remain solvent"
  • #1,856
  • Dec 20, 2013 10:17am Dec 20, 2013 10:17am
Quoting ClockTrader
{quote} Thanks for your advise :-) Presuming a noob doesn't know how to calculate SL, apparently, he can lose no matter how much money he has. I agree. The person who can't calculate SL against equity would lose the money anyway, in Forex or in a Casino? or anywhere. On the other hand, how do you interpret the word "Investor" ? I got one article to share with you Trader Vs Investor. http://www.kitco.com/ind/Brecht/2013...-Investor.html Investors don't give a sh!t to technicals. would normally invest in real...
I think the only way to learn for new guys is to enter very small position. I have local friend who try to learn from me, he could only stand 2 month on demo (which is profitable). I could not stop when he decide to trade live, once he trade live account(and blow it several times) he don't want to touch demo account again.

I have this live contest account (the one in my signature) which limit the position size at 0.01 pips and 5 position including buy/sell limit and stop, I showed it to him how I multiply the balance several times in few month. In the end, I make a deal with him which is: "If you somehow able to double the account, I would give you the profit. Do not worry if you are losing as long as its stay above 100 euro, it's not my money to begin with and I think could get it back somehow." He is interested and been trading the account for 2 weeks, not very active it seems but he is there (and lost around 250 pips in a weeks, lol - I help regain few pips so he ended at -120 pips this week).

What a new guys need in this game are chart hours, mentality and strategy (arranged by importance). No SL with very small position is better if your position is small, and you could learn to somehow minimize you loss by closing the trade on retest. Many time SL only touched and in next few moment you could close it at smaller loss. Btw, this way he could learn the mentality needed to admit his mistake by closing trade at a loss. I have many small loss in my trades, if the move is not like my expectation I often close around my entry be it at small profit or loss. If you are not used to closing trade with small loss is rather hard because you just want to wait for a better price more and more as the trades got better. Btw, as I often not maintain my position I use rather big SL to give room for spike. I don't know if this works only for me or else, but I am at ease that way. This is what I think, dunno if it was right or very wrong. But since it works for me, maybe other could gain something from this post.

It's 11 pm here now, I'm out. Good luck
  • #1,857
  • Dec 20, 2013 12:35pm Dec 20, 2013 12:35pm
I'm not doing anything but taking short positions after a bounce.
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"A true speculator tries the market small." - Jesse Livermore
  • #1,858
  • Dec 20, 2013 1:57pm Dec 20, 2013 1:57pm
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Trade with what you see, not what you feel.
  • #1,859
  • Dec 21, 2013 1:49am Dec 21, 2013 1:49am
Quoting Carlsberg
{quote} did you make a billion ? and no im not a newbie and could probably teach you a thing or two about Gold, so don't presume what you don't know trading without SLs really is a newbie mistake, and best not to give such advice as someone may follow it next you ll be saying average down
Apparently not yet, but I'm working on it. Unlike most guys in any forum, I DO NOT FOLLOW the so called indicators.

I follow seasons, which is a proven strategy, works 90%, have you even heard of such a successful strategy? You say you can teach me, that means you are smart n expert. Maybe you got something better to teach me, I'm all ears & open to embrace. So go ahead, tell me something beyond the blah blah indicators. Well, I don't follow economic news either, so never expect me to follow you. If not me, maybe someone else will learn here something from you, that's what these forums are meant for, isn't it?

You are still missing the point, A true investor does not need to use a SL and why average?

I invest in real estate, there was a bad period, huge corrections, damn! heck I couldn't buy more assets, oopppsss, I could not make average, my bad :-( How does that sound? Ever heard of real investors making average? Now this is Gold, here one should make average, right? So why not play ultra-light with decent size fund? if one is so mad about making averages?


Quoting anton.olff
{quote} Have a great weekend too!! As for me, still trading. Just reloaded additional shorts at 1204 with first target at 1175. Think the big boys will take this down to yearly low, and maybe a bit extra.
Thanks for keeping us posted! I plan to stay away from shorts until X-Mas.
Hello World!
  • #1,860
  • Dec 21, 2013 3:24am Dec 21, 2013 3:24am
May 8, 2013 2:00pm
Quoting ClockTrader
{quote} The way I see, Gold should hover around or above 1800 by the end of this year. As stated earlier, I expect Gold to stay low and / or further lower for next 3-7 days. Gold buying festival season will start in India next week & I expect Gold to bottom out by next weekend.

So i gather your cycles work very well with that prediction Clock ? So are we expecting a $600 run before new year?
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