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.
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