RealMoneyIssues' Account Talk

Stopped out, no paper for me :(

Time for NUGT to skyrocket...

Sent from my (Daughter forcing me to use an) iPhone using Tapatalk...

Well, as usual, gold futures are getting a big spike because they finally broached 1168... probably because the dollar is tanking, but I don't know why... Other commodities are benefiting

S&P futures are down a little...

Sigh... woulda, shoulda, coulda... again, time to re-evaluate my stops
 
Well, as usual, gold futures are getting a big spike because they finally broached 1168... probably because the dollar is tanking, but I don't know why... Other commodities are benefiting

S&P futures are down a little...

Sigh... woulda, shoulda, coulda... again, time to re-evaluate my stops

Was reading the political threads and just realized why gold is spiking... or the dollar is tanking (depending on how you look at it)... the Democrat debate was tonite... and the gold spike was probably right at the beginning... what the heck did someone say to spook futures :rolleyes:
 
Was reading the political threads and just realized why gold is spiking... or the dollar is tanking (depending on how you look at it)... the Democrat debate was tonite... and the gold spike was probably right at the beginning... what the heck did someone say to spook futures :rolleyes:

LOL...you had me there for a second until I realized you weren't being serious.:D
 
Oh, I re-learned a lesson on stop orders today...

Can anyone (besides the seasoned folks here) explain the difference between a Stop Limit order and a Stop Market order???

Oh, wait... only a few people come by the dark alley way of the RMI Account Talk... If no one answers by the morning, I will post the answer ;)


Are spicy folks allowed to answer? :laugh:
 
A "Stop Limit" is something my wife uses to control my spending at Dick's Sporting Goods. A "Stop Market" is something I'm assigned to do on the way home from golf.. (usually milk, bread, eggs, and cream cheese rolls).:D:D:D

FS
 
A "Stop Limit" is something my wife uses to control my spending at Dick's Sporting Goods. A "Stop Market" is something I'm assigned to do on the way home from golf.. (usually milk, bread, eggs, and cream cheese rolls).:D:D:D

FS

Waaaay too funny :)


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So, I have a simple goal. More good trades than bad trades, no matter the gain. I know I will be stopped out of a lot of trades because that's what happens when you put in a stop.

But, a 0% gain is better than a 6% loss, no matter your position size...

I am planning to have 1-2 good trades a week (I know, a little aggressive) and stop, no matter the gain...

Biggest question I have at this point is whether the market is topping or consolidating...

Next week's goal ____% in 2 trades.

Finally got last week's goal this afternoon. Will look for another opportunity for this week's goal... hated holding over the week-end, but it worked out for me.
 
Work keeping me away from the charts. Considered putting in order for DUST at 12.60 :(
Wish I had...

Increasing my paper will have to wait :rolleyes:


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Put my paper to work at 12.80, so lets see DUST bounce and no Whammies


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Oops

Premature-____________

"Hope" does not make a good trading strategy ...


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