RE:Not so fast gold bullsThanks for this Laffinatbaggies!
I have a small position in NUGT.Keeping an eye.
Turned in to a longer trade than I wanted.
I got in on a nice low dip. Shoulda sold at the high 28's. Hindsight, but learning. In under 23 bucks so feel ok for now. I don't see gold going that far down. IMHO the new 1200 bucks is just under $1300 bucks. We'll see. Thanks for sharing.
I watch the short game, but I don't trust myself to get into the shorting game yet. My discipline in the market is not there yet but I wish I had the balls some days as I know there is mucho $$$ there. MAde some bucks on UVXY and NUGT, but still only trade smaller positions. Crazy fast swings and drops in these ETF's. For now, happy to research and find undervalued stuff.
I am finally trading some good dollars and making money in the market these last few years. I lost a bunch my first 4-5 years of trading.
ANyways, Thanks for posting your insights and trades. It's fun to see people makes $$.
Paddler