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UnknownUnicorn266486
Aug 4, 2018 6:34 PM

Update: Revisiting Gold & where I have been 

GOLD (US$/OZ)TVC

Description

I forgot to mention Mexico ETF EWW +17.75% & also short MXNUSD +10%
Comments
kyler565
i lost over 100,000 the last few weeks in gold silver . and taken out of my position sold at the bottom 15.22 for silver . keep up the videos on trading view Rob . im still watching gold and silver and enjoy your videos on trading view.
mathieu.chartier27
@kyler565, oh crap! I lost Like 10k and was not sleeping good ! I cant imagine your situation...
ATCG
Right now only 1.2% gold market cap. But ...
JZX100
Would love to see your thoughts on gold now :)
RossConsidine
Again I say top down bottom up MACRO yarda yarda!!!!!

Gold, Silver Copper Oz dollar, Mexico all going to have strong moves higher. S&P the top was in and a correction was about to happen.

The opposite has happened so I say again what changed in 3-4 months.
RossConsidine
Thanks for the reply.

I actually loved to listen to your videos and I totally believe you doing this for the right reasons.

Cheers
RossConsidine
I really don't agree.

So expecting someone to come out and tell me what is going to happen is rediculous and childish. I dont!!!!!!!

I think my point is that if you going to post stuff it should at least be fairly accurate. Like in two months what has changed that a number of markets have not gone to plan.

He was super bullish gold and Im looking at it thinking no I don't agree.

You cannot confidently talk about markets then the opposite happens without somebody saying hang on so what are you know saying.

I have not acted on any of the videos so I have not lost money and BTW I am not trying to be a smart arse it just frustrates me this type of stuff when somebody talks the talk then gets subsciptions then walks away.

I mean it was obvious that this was going to be the case.





UnknownUnicorn266486
@RossConsidine, I take everything you are saying on board and I appreciate your feedback.

After week 1, I created a risk management video that I gave out for free so that people could find their own ideas and manage their risk effectively. I cannot count how many times I had told people that based on the data in front of me this is what I see. I set out my risk management like everyone should do and I was taken out of bad trades and it allowed me to make money on trades that worked out. Fortunately, there were more winners than losers and in a diversified portfolio, the returns curve is consistent. I do not endorse or encourage anyone to short-term trade or have all of their eggs in one basket.

If you have alternative ways to learn to trade I am delighted to hear. What I am doing is not for everyone, I appreciate that there will be push back and I am ok with that. What I would consider worse is to take peoples money and give away all my time for free, that's totally unethical and so my time is devoted to those that require my time in order to learn correctly.

Have a great day Ross
Limbo777
What Rob is trying to tell you is he doesn't know everything and it's all right. If technical analysis is about 50% time right so why 90% of people lose money? They get greedy, spend more than they can, dont't know what risk management is, margin call, what kind of indicators exist etc. They want one man to have answers in an economically political volatile world as it is now. Nobody knows this except maybe 5 - 10 people who create world politics now. Expecting from someone else to know what is going to happen all the time is ridiculous and childish.
RossConsidine
So with most things like gold, silver Turkey and Oz dollar now falling does that mean that all the top down bottom up MACRO stuff you were talking about was wrong or have things changed that quickly.

Very confusing as I was very keen listening to your videos trying to understand the way markets move.

My view was that most of these markets would continue to fall, as my theory is based on the fact that whatever I trade must have tested support on 50 and or 200 moving averages. Granted I miss the start of moves but so be it.

I also understand that if you are wrong you have solid money management in place to deal with that.

Cheers
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