everyone is always so obsessed with picking 'The Top' or 'The
Bottom' in a market. it's best to view those as trades and
play the trend primarily. Most bottom and top pickers end up
getting stopped out 5 - 10 times before they finally catch the
elusive top or bottom, and then when they finally do, they are so
emotional about it that they end up taking a small profit and miss
the bigger move
everyone is always so obsessed
GDX comments
Posted by matt on 6th of Mar 2013 at 11:03 am
everyone is always so obsessed with picking 'The Top' or 'The Bottom' in a market. it's best to view those as trades and play the trend primarily. Most bottom and top pickers end up getting stopped out 5 - 10 times before they finally catch the elusive top or bottom, and then when they finally do, they are so emotional about it that they end up taking a small profit and miss the bigger move
GDX comments
Posted by rogerv on 6th of Mar 2013 at 11:31 am
SO TRUE --Also been there, done that
gdx more room to go?
Posted by danzanchin on 6th of Mar 2013 at 12:25 pm
Well said. Been there.
Posted by zitron on 6th of Mar 2013 at 11:05 am
Well said. Been there.
only 5 -10 times?
Posted by hazbin1 on 6th of Mar 2013 at 11:23 am
darn, after all these years and attempts, i thought it was 11, my bad...