GOLD 0.51% $1,391.7 gold futures

You’ll be needing something stronger than beer shortly (excuse...

  1. 534 Posts.
    lightbulb Created with Sketch. 10
    You’ll be needing something stronger than beer shortly (excuse the pun) to ease the pain of that DOW short you took out in October and added to since.

    I own gold stocks also, but unlike you if I am stopped out of any today according to my risk management rules I will take self responsibility for my trading losses, quickly review the trade to see if their anything I can learn from it, and move on. That’s what experienced traders do.

    Having a rigid position sizing and risk management system is vital to long term profitability. I welcome being stopped out of bad stock decisions I make because it saves me more psychological and financial loss down the track.

    Blaming “the system” is what losers do.
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.