Any word on the quantity of oil found. I seen something about 400 barrels a day - not a lot of production.

Stocks - specifically the liquid energy sector

url Above is potentially a catalyst for gold. If European banks are on the edge of needing a bailout to meet their regulatory capital requirements we have very strong reasons to buy moves higher in the two metals. However nothing could happen, and ...

Position Trading - F it, lets start a thread

That is an interesting check list of things to look out for, several of which are news to me - cheers for that. Re: the cost of gold. It is definitely closer to $700 than the current spot price. However if the hot money is heading into gold, say as ...

Stocks - specifically the liquid energy sector

srt and lee - I said earlier than I felt that gold didn't have a catalyst to move higher... well some unwelcome news on the state of european banks may be enough to catapult gold see here: url edit - in future I think we keep the gold talk out of ...

Stocks - specifically the liquid energy sector

Yes that is what I meant Gold is just about the hardest thing in the world to invest in I think. The arguements are so compelling though, there is so much hype and misinformation in this sector it makes it very difficult to judge

Stocks - specifically the liquid energy sector

It isn't below production cost if they are profitable at 800-1000, how gold be below production cost if they can turn a be profit? The problem with gdx and other big gold miners is they don't mine just gold. For many of them gold is a secondary ...

Stocks - specifically the liquid energy sector

Been looking at gold recently but not buying for reasons mentioned previously. I would buy gold miners if it dipped below cost of production, or if negative rates became a thing because you might find people looking to put their assets in gold ...

Stocks - specifically the liquid energy sector

I heard something about this plant but didn't read into it. There is another solar plant in Spain which predates that one - here is a picture url Much the same format? What do you see coming in the next few months?

Stocks - specifically the liquid energy sector

That is a good point you make. I should therefore clarify I am a trend trader if that matter at all. Reason for asking is simple, making money is relatively straight forward. However there are several times when I look at my equity curve and think ...

Best way to keep losers small?

Ghetto backtesting is a pain in the ass, how do you think I know this , which is why I am asking in case anyone should have the data to hand. My back testing days doing it by hand are over, 100 isn't even enough, you need 1000 of trades imo.

Best way to keep losers small?

The negative rate move by the BOJ needs to be watched. If the initial jump higher is faded in the coming days then, imo, it is a strong sign of where the actual market sees USDJPY and I will be selling. How markets react to big news is telling. If ...

Position Trading - F it, lets start a thread

Dam renewables, sure they might save the planet but has anyone thought about saving our port. of stawks???? Ha! China still uses mostly coal, I believe. Oil usage was reported to be up last year. But who seriously believes any of the numbers out of ...

Stocks - specifically the liquid energy sector

You need a strong stomach for this market right now We are already in stupid territory, how long can this last for nobody knows. Lets hope there are no unexpected surprises that we haven't yet thought of... Like China deciding to go fully ...

Stocks - specifically the liquid energy sector

Yes that is silly thing for them to say. I must have missed the context earlier. I have always thought of zero sum as being if you bet al positive trades and all losing trades the sum of both (excluding spread is zero). I don't think that is true in ...

Is Forex trading worth it? If so, why?