SECOND TRADE ON THIS HIGH PRICED STOCK FROM MY PRE-STT LIFE. NOT SURE WHY I DID THIS AS IT WENT IN THE SAME TIME AS MY FIRST GDX TRADE BUT STAYED A LITTLE LONGER.
TRIED A NEW STATEGY TODAY. AM TRADING SOME OF MY OLD FAVORITES FROM MY PRE-STT LIFE WHERE I WAS TRADING OPTIONS. THIS TRADE WAS PRODUCED A VERY SMALL GAIN AND PROVED ONE THING. NOT SO VOLITILE STOCKS LIKE THIS ONE DON'T PRODUCE MUCH OF A WIN.
Entry comments: Taking a bullish position on this Gold mining play; following an options alert. Potential swing trade on this breakout re-test.
Exit comments: Taking the gain in case it pulls back. Positive Powell comments.
Was buying gold and got out sine the market has turned the need for it has went 👇 for now.
Jeff alert. He tends to get in too early. Gold has skyrocketed so attempted a put option anticipating it go down. But gold kept going and so missed this up royaly. I got in at .86 and then 1.5 weeks later averaged down and bought another at .22 for my current average. But as the decay rate destroyed any hope of this working, today gold was finally going down, but not enough to make a difference in the rate so I just got out for near 100% loss.
15 Min Chart. TTM Squeeze with A & C wave. Support and Resistance. Options 1-2 days expiration (up to 1 week).
On a recommendation that gold was so high it would need to go down especially since it was starting to look like the market might have a small rally. It did go up a little the first day, however, then it went down and I figured I better not wait and hope for these to get back and just cut losses on this before they expire. For some reason I bought 3 b/c I felt confident on this one. Nope. market is going down again and gold is rallying and another 45% loss.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
