Not my first idea on SSRM and wont be my last. One of my favorites. Check out these hammer bars of the 4H chart. This baby is percolating here.
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Not going exactly as i expected but still looking good. Hold.
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got stopped out on many of my PM stocks today. Interesting it was mostly the juniors that tanked. Most of my big producer plays are intact. I believe this is a great buying opportunity for all PM stocks, this is margin related selling of all good stocks. Take advantage of this time to load up on select companies.
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stop loss is in play here, gotta preserve capital #1... i dont care if i have zero PM stocks when its all going down , anything can happen here.
Trade closed: stop reached:
as i suspected... carnage and was stopped out on ALL my positions today...
better luck next time!
better luck next time!
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and that folks is why you use stop losses! I squeaked out of there with minimal losses and actually profited on many of my metals positions that got obliterated yesterday ... :)