Been following this debate and thought I'd offer my perspective. Lets assume we have $100 k account and look to make 3% pm - thats $3k pm. Ok lets say we make 10 trades per month and we have a hit rate of 50% - no better than a coin toss. So our RR ...

Silent Service Method

Trouble is it's not 'guaranteed' lol

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You probably guessed already but I'm out of the PY - gave some back on that one - it happens.

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Yes it's possible - my broker offers guaranteed stop losses at a wider spread tho. I used to worry about this as well until I started setting what I call WTF stops - basically I put my stop where price will only go if the world falls apart and I ...

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I'm still watching this one but I'm a bit worried about what it will do if tensions with Syria blow up. image

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Bit lucky tbh and I think theres more to come too. This was another classic example of the charts anticipating the news. url

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Don't ya just love it when a plan comes together lol STOCK MARKET IS CRASHING: DuPont Bottom Line Is Lower By 98%, UPS’s Earning Fell by 56%, Bank Of Canada Is About To Withdraw Monetary Stimulus, And BERNANKE Is Leaving The Fed!!

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Yep and I added to it twice I'm also still in the Dow

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And it only worked(sort of ) bc no-one ever questioned the medicine man. Chimps and lions never questioned the status quo either, until the leader of the pack weakened - then a new leader emerged. Unfortunately in our quasi democracies it's ...

The Really Useless Thread

Yep agree - I only hedge silver - they can't print it so it should go up eventually.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Don't think we're all loons Arch

The Really Useless Thread

One of the conspiracy theories you won't see on infowars is the one that reckons Alex is a paid up member of the establishment - lol

The Really Useless Thread

Don't use stops then - seriously ask yourself where silver or gold will ultimately go and when you take account of QE4ever do you honestly believe that the dollar will appreciate against either. Just buy the dips and add on the way down or hedge it ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Yep it's gonna be interesting next week. url url

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Sometimes we get lucky lol Monday should be interesting - Think I might buy the VIX too.

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Same ol same old - just lower down - Hope SNB stays out. The support is from June so this may take a while to break image

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GL I'm also in this and I shorted the Dow(hoping for another black Monday lol) - stop at 128.50 which I'll move down with price . I never set limits I let price stop me out image

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Don't think there's anything specific apart from the fact that UK debt is worse than US. In fact the numbers that came out this week re employment and retail spending were good.

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If you think, like me, equities are gonna sell off - this might be a good play. Or you could just sell the Dow. image

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Been watching these 2 for some time now. And you get positive swap lol. image image

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