I've made the markets my life study by tracking stocks and commodities, reading every trading book I could find, and managing accounts for myself and for others. It's my goal to share experiences by continually improving, and receiving feedback from people who share a love of the markets.
In addition to the mechanical trading system basket of stocks, we’re holding on to Gold Fields LTD. stock (Ticker: GFI), stubbornly ignoring recent whipsaw trading signals because gold is looking strong. The stock has tested my resolve recently but looks to have bottomed and appears that it’ll move higher from here.
posted by Greg @ 8:35 AM
2 comments
Favorite Trading Rules #1 When you're right, have the patience to be right big, and when you're wrong, have the discipline to be wrong small. #2 Knowing the future is not important, knowing the trend is.
2 Comments:
Testing 123
I like this play, a nice accumulation day for GFI today. I think you will find some decent resistance at around $19.20ish where the 200 DMA is and December saw sell pressure.
Playing it to even $19 would still yield a nice return for a few days.
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