Discussion in 'Stocks & Derivatives' started by wrcmad, Mar 26, 2014.
That's sneaky wrcmad. So that means us bulls should sell our silver
I'm not giving advice....
Merely offering a different perspective.
at least I didn't contradict myself
That is nice to know.....I have used charting before to time purchases and have been creamed every time...this means that my 'short' ....which now means a rise in price due to the inversion ......is dead wrong. I am a charting imbecile unfortunately so I will now keep waiting for further falls....thank you wrcmad for highlighting this.
Commodity charting is different to stock charting. Mostly being the time factor I mentioned. You always look at the long term trend with commodities because it is such a large market without a board of director making decisions on its workings. To the point where you shouldn't trade paper commodities directly at all and only trade the spreads, as the pros do.
I've been swindled!
So what's this look like now? <- irony
wow....my original call of a short turned out to actually be a call for a long but in fact turned out to be a short.
I can't work out whether I was wrong or right....or whether my wrong was right.
64% of participating stackers saw it..... how many acted on it?
You can lead a horse to water........
Most difficult skill in trading/investment -> EMOTIONAL DETACHMENT!
I have not yet been able to reach emotional detachment
but I have made an artform out of capital detachment......(never to return)
Everyone who has had a real go, has made a loss or two (including myself) - I call it tuition fees.
With the amount of tuition I have had, I suspect I could actually have obtained a Phd.
To give some perspective its either a daily or a weekly chart don't want to give too much away
It climbs quicker than it falls. If that means anything to you. lol
Other than that, looks sideways to me.
I instantly recognise this chart .... and I think, after testing resistance, it is going higher for the time being.
Suuuuuuuuuuuure you do.............. :lol:
If you don't recognise this chart, you don't really follow the markets.
Oh, of course, I should have looked at your trade history before assuming you are actively involved.
All of your 800+ dumb comments make more sense now. :lol:
I'm in US, not AU. See the USA section filled with trades?
Following charts is overrated, so for that I have no rebuttal. :lol:
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