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Only Gold!

  • #12,821
  • Jul 30, 2014 12:38pm Jul 30, 2014 12:38pm
Quoting waleed.khan
{quote} That's sad man...Good luck to you! Quote from the greatest trader who ever lived: "The only thing to do when a person is wrong is to be right, by ceasing to be wrong. Cut your losses quickly, without hesitation. Don’t waste time. When a stock moves below a mental-stop, sell it immediately."

Affirmative.. learnt a lot in these 2 years.. back on track.. see green everywhere..
  • #12,822
  • Jul 30, 2014 12:45pm Jul 30, 2014 12:45pm
sell gold now and set your target to $1200

target will hit on august ending.

best of luck
  • #12,823
  • Jul 30, 2014 12:49pm Jul 30, 2014 12:49pm
Quoting savaj.mech
sell gold now and set your target to $1200 target will hit on august ending. best of luck

these kind of guys are very dangerous
  • #12,824
  • Jul 30, 2014 1:05pm Jul 30, 2014 1:05pm
Quoting noobstrader
{quote} these kind of guys are very dangerous
agree.
  • #12,825
  • Jul 30, 2014 1:11pm Jul 30, 2014 1:11pm
Quoting noobstrader
{quote} these kind of guys are very dangerous
You don't say
By the way, currently i have 1 short position opened 1299, with target 1288 and if price reaches 1280-2 level i will take a risk with some good long positions on silver, i expect it to be around 20.3 (61.8 Fibonacci is at 20.28) if it happens
Oh and to admit it, this spike of gold today after news, deceived me to close a short in red, it was rushed decision... won't happen again i suppose
  • #12,826
  • Jul 30, 2014 1:11pm Jul 30, 2014 1:11pm
Time to fall..... sad. Didnt reach 1299
row row row your boat
  • #12,827
  • Jul 30, 2014 1:18pm Jul 30, 2014 1:18pm
Quoting savaj.mech
sell gold now and set your target to $1200 target will hit on august ending. best of luck
do people actually follow your advice blindly?
  • #12,828
  • Jul 30, 2014 1:39pm Jul 30, 2014 1:39pm
Quoting raianil007
{quote} Affirmative.. learnt a lot in these 2 years.. back on track.. see green everywhere..
Well done on your resilience, hang in there. Probably worth all our while to see whose doing well, share links of pamm accounts.
Thats a big loss shucks, i lost something near that ball park now i have my head above water

I have a retired bond trader who once told me the traders who keep losing but hang in there are the dangerous ones, eventually they will win it all back
  • #12,829
  • Jul 30, 2014 1:40pm Jul 30, 2014 1:40pm
Quoting diegobeyer
{quote} do people actually follow your advice blindly?
Its his first post, probably a broker
  • #12,830
  • Jul 30, 2014 1:45pm Jul 30, 2014 1:45pm
Quoting savaj.mech
sell gold now and set your target to $1200 target will hit on august ending. best of luck
This has got to be the best first post of the year
To live a successful life, we must lose our fear of being wrong
  • #12,831
  • Jul 30, 2014 1:50pm Jul 30, 2014 1:50pm
Quoting EatPIPs
{quote} This has got to be the best first post of the year
Totally
  • #12,832
  • Jul 30, 2014 2:21pm Jul 30, 2014 2:21pm
first major resist. on 4h chart 1297.97 its very good place for short
  • #12,833
  • Edited 2:49pm Jul 30, 2014 2:38pm | Edited 2:49pm
I'm glad you guys are selling I need someone to fill my profit targets
Attached Image (click to enlarge)
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  • #12,834
  • Jul 30, 2014 2:53pm Jul 30, 2014 2:53pm
profit target can be filled with hundred dollers bills,got to be carefull my hundreds are six inch long with big head...i mean benjamin
  • #12,835
  • Jul 30, 2014 3:08pm Jul 30, 2014 3:08pm
Quoting raianil007
{quote} Not a big deal, well a ordinary working guy lost 40K in 2 weeks and thats me just by trading gold. gold was going up and i was adding short in a hope that it will come down. Now in a deep shit. But will never lose hope, from 100$ now reached 3K.. hope i dont become greedy and never forget to put SL.
hi,
sorry to heard that you lose money i have lost 3k in just to days bout yesterday and to as well when spike happened so lost 3k that is a big loss for me but you lost more than me sorry fo that i did the same thing as you did just adding to my losing positions my total loss is 5k and my account blown away today.
MRMALIK1
  • #12,836
  • Jul 30, 2014 3:44pm Jul 30, 2014 3:44pm
Quoting mrmalik1
{quote} hi, sorry to heard that you lose money i have lost 3k in just to days bout yesterday and to as well when spike happened so lost 3k that is a big loss for me but you lost more than me sorry fo that i did the same thing as you did just adding to my losing positions my total loss is 5k and my account blown away today.

Hi Mrmalik...

I'm sorry to hear this also... Wish you better luck!

Don't let the loss get to you... step away from the market for some time if the loss is truly great --- otherwise this will lead to revenge trading where you end up losing a lot more.

Take the loss positively...by really learning what went wrong? question yourself? could it be greed? could it be overtrading? Using words like "big loss" means that your position sizes are too large.

Wish you better luck next time!
  • #12,837
  • Jul 30, 2014 3:49pm Jul 30, 2014 3:49pm
1296.34 was first minor res. on half hour,coudnt break it,i think its time to start rolling down
  • #12,838
  • Jul 30, 2014 4:01pm Jul 30, 2014 4:01pm
So far trade is on target:

​https://www.tradingview.com/v/8S0iUgWJ/

https://www.tradingview.com/v/QcY95Mfl/
  • #12,839
  • Jul 30, 2014 6:02pm Jul 30, 2014 6:02pm
Daily, H4 & H1 all still bearish... no idication of any major movement on my chart..

I don't think any major move in favor of the bulls till the end of august.
Que Sera
  • #12,840
  • Jul 30, 2014 6:45pm Jul 30, 2014 6:45pm
Quoting Catempire
Daily, H4 & H1 all still bearish... no idication of any major movement on my chart.. I don't think any major move in favor of the bulls till the end of august.
on what depend this hocus pocus like till august and etc. this will bearish or bullish!!
i saw this alot in this thread and others..
if anyone have this kind of info. in forex .. no one in the market will lose

For Everyone posting this posts, everyone will be grateful to add the proof of your thought to fed us with your wonderful trading technique
Otherwise, we won't get any benefit from your posts
please don't spam anyone with posts with hollow vision like these

Thanks Everyone For any useful posts ..
Investing is SIMPLE but NOT EASY
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