gold has jumped us$82.00!!, page-58

Champ said,

Far out Butcherboy, I feel for you however what ever happened to the most important tool that is most necessary in having success in the stock market??

A stop loss???

As I said I'm seriously feeling for you but please, for your own sake in the future make sure that when you have substantial profit place a stop loss somewhere underneath it to ensure that in the event of a catastrophe you will still come out looking good.

I cannot over emphasise the importance of this.

My reply

Youve changed your tune a bit there havent you mate?? You ridiculed me, called me an idiot or words to that effect, Said good ridance and haha cant believe you bought at the top. You said all this when i posted that my stop loss had been hit at $1840.00 on a flight to singapore.
You said to expect fluctuations of $100 a day and that it was skyrocketing to $2500!!!
You need stop losses not only to protect profits but also your capital. What would i be down now if i listened to your worthless ramping and insults??
People do your own research and ensure its futher afield then the biased HC threads.
Goodluck all.
Was this a rally and bounce back to $1900 or was this just a short retrace before futher southward movements for gold? These are confusing times and saving your current capital should be a higher priorty then missing out on the next up swing as it can just as easily be another leg down.
Take care and happy trading/ investing.