• 526 days Will The ECB Continue To Hike Rates?
  • 526 days Forbes: Aramco Remains Largest Company In The Middle East
  • 528 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 927 days Could Crypto Overtake Traditional Investment?
  • 932 days Americans Still Quitting Jobs At Record Pace
  • 934 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 937 days Is The Dollar Too Strong?
  • 937 days Big Tech Disappoints Investors on Earnings Calls
  • 938 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 940 days China Is Quietly Trying To Distance Itself From Russia
  • 940 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 944 days Crypto Investors Won Big In 2021
  • 944 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 945 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 948 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 948 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 951 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 952 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 952 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 954 days Are NFTs About To Take Over Gaming?
  1. Home
  2. Markets
  3. Other

But This One Did!

This one is for all the assholes out there who only expect winning trades.

Last Thursday, I highlighted the gold mining sector and stated that this was a great set up. See figure 1, a daily chart of the Market Vectors Gold Miners ETF (symbol: GDX).

Figure 1. GDX/ daily

I stated that a daily close over the 53.39 key pivot level would likely trigger a strong move. Today, GDX is trading above 60. I gave solid fundamental and technical reasons why I liked the trade. I provided a stop loss point of where my analysis might be wrong. I even offered a money back guarantee if you weren't satisfied within the first 30 days!

Remember folks, they call it "trading". As in, there are trade offs. If you want to get every single call right, then just do buy and hold. Or don't play in the markets.

My goodness!

 

Back to homepage

Leave a comment

Leave a comment