Captain_Walker

WARNING TO GOLD PERMABULLS!

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Yep - I missed the parabolic pump and I'm sooo happy!

There could be trouble ahead. Gamblers late in the game go right ahead!

Those gamblers who made their killing could be getting out. You never know.

Disclaimers: This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, or miss opportunity, kindly sue yourself.
Comment: Ouch! πŸ˜‰πŸ€
Comment: This is the biggest single daily GOLD drop in 7 years. Caution may be appropriate.
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus https://youtu.be/NjTdvALChwk ]

Comments

Correction incoming very soon.
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@LaFizzle, I wouldn't know. All I know is that it's too dangerous for me to enter long now. I'm not gambling with it. πŸ‘ Happy to miss out.
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Blessme123 LaFizzle
2100 then correction
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ayodelemichael Blessme123
@Blessme123, my mind on that
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B1GFUDG3Y LaFizzle
@Captain_Walker You keep saying this word "Gambling". Your not in the casino anymore kid, This is far from gambling. Your mindset may see trading like this but your far from correct.
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@B1GFUDG3Y, I don't wish to be correct. Gambling is something many do not quite understand. Approximately 70% of retail traders consistently lose money. Most of them are gamblers and they don't know it.
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B1GFUDG3Y Captain_Walker
@Captain_Walker, I agree with you. Just not gambling. Let's say lack of education, Patience and ability to control emotions.
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@B1GFUDG3Y, If education was the thing, then that 70% of traders who consistently lose, just need education and they'd all become zillionaires - right? That's why con artists make so much more money providing trading education, over actual trading. They sell dreams. Interested in 'The Quantum Code'? πŸ˜ƒ https://www.newtrader.club/2018/02/04/new-traders-conned/
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B1GFUDG3Y Captain_Walker
@Captain_Walker, If your a real trader you don't need to sell anything. Education is everything you dimwit. Without yes its just gambling but this is a career, a life skill not some get rich quick scheme you've clearly lost abit of money read about the 70% and hold a grudge like all other DIMWITS. 70% of newbie traders consistently loose money because they get greedy, they don't do the proper learning, they see money and over leverage. Without education you may as well be in the casino cause its just luck. Hence the Turtle trader theory. Sometimes it just isn't for certain people some people get to emotional or hold onto losses etc whatever may be there fault its not. Just like plumbing or swimming might not be for us. As i said this is a career. If you dont take it seriously then you shouldn't be trading. But that's the issue people see money and think they can just jump in with a small portfolio and become financially free tomorrow. It takes time.
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@B1GFUDG3Y, Many thanks.
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