PRX 0.00% 0.3¢ prodigy gold nl

think tank, page-69

  1. 13,820 Posts.
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    “KGL slr”

    Andean, Equinox…
    We can play that game all day.
    The money I made on Andean and Equinox completely dwarfed any losses I might have made if I held KGL and SLR all the way to zero.
    However I didn’t hold either to zero. I switched from KGL at profit into ABU when I decided the risk/reward favoured ABU. I would say that was a good move. ABU has outperformed 90% of its peers by a huge margin.

    “And that's coming from someone who called a bottom on SLR at 2.10...”

    I said I thought it was bottoming so getting back in now rather than waiting for much higher prices before buying and I also said a stop loss could be used if it broke support. I did sell as it broke support. Tell the full story -don’t take things out of context. I made a lot of money trading SLR.

    “"At the time I knew it was a possibility even though I didn't think it was likely."
    So i make a call where it possibly may reach, it is .003 off, you say nothing and then come out after the event and tell the forum that you thought it could get there.
    wheres the credibility in that???”

    You kidding? It was already in the low two’s. Blind Freddy could see it might go that extra leg down and hit 1.8 on one last major sell-off in gold. I would have less credibility for saying it might reach 1.8 when I wasn’t expecting it.

    Stick to your fundamentals chuk.
    Why? I make strong trading profits regularly. Have been making a living off my trading for over a decade. No one gets even close to all their trades right. When we get them wrong we accept it and move on whether they are day trades or longer term trades.

    “the point of your post is really a waste of time”
    I could say the same!
    If you want find wrong calls of mine to post, I could give you literally THOUSANDS if I could recall all of them, but I have had even more successful trades. That’s what counts in trading and in investing. If I claimed to get everything right THEN you could question my credibility.
 
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