TradingJackal wrote:Closed out of my GLD March 22 calls. Still have have 1/3 position in March 28 calls. Per my calculations 155.78 is a good price to book a portion of the profits (200%). Of course, I may kick myself later as it may rush up in wave 3 without taking a breather to the next target but...
Nice trade. I'm hanging in there. Not options, just DGP. I'm looking for a rather speedy run up that ought to surprise a lot of people. We'll see if I'm right.
Ive been in GLD for a while too/no options
However nowhere near 200% how did u manage to rack up that much? Was your whole account leveraged or something?
think he's simply saying he's up a 2 bagger on his options - aka up 200%. not that his account is 200% in GLD.
Folks are sending more money to the shorter-term bond funds (IEF, 7s, gold) - usually considered a “parking place”
- than they are to the longer-term bond funds (TLT, 20s, elder bars)
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
TradingJackal wrote:Closed out of my GLD March 22 calls. Still have have 1/3 position in March 28 calls. Per my calculations 155.78 is a good price to book a portion of the profits (200%). Of course, I may kick myself later as it may rush up in wave 3 without taking a breather to the next target but...
Nice trade. I'm hanging in there. Not options, just DGP. I'm looking for a rather speedy run up that ought to surprise a lot of people. We'll see if I'm right.
Ive been in GLD for a while too/no options
However nowhere near 200% how did u manage to rack up that much? Was your whole account leveraged or something?
think he's simply saying he's up a 2 bagger on his options - aka up 200%. not that his account is 200% in GLD.
oh my bad , great trade man!
Personally for me, gold has been way too choppy to trade intraday . Countless fakeouts but still holding 20% GLD for now
Al_Dente wrote:Folks are sending more money to the shorter-term bond funds (IEF, 7s, gold) - usually considered a “parking place”
- than they are to the longer-term bond funds (TLT, 20s, elder bars)
Al_Dente wrote:Folks are sending more money to the shorter-term bond funds (IEF, 7s, gold) - usually considered a “parking place”
- than they are to the longer-term bond funds (TLT, 20s, elder bars)
L_T wrote:Most of Cobra's weekly (long) picks are showing nice price resilience given our little down move this morning. Sorry too many charts to post!
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kind like an ascending triangle, so the bias is up.
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Al_Dente wrote:Folks are sending more money to the shorter-term bond funds (IEF, 7s, gold) - usually considered a “parking place”
- than they are to the longer-term bond funds (TLT, 20s, elder bars)
no break out on USO, dip will bought until then to tell if oil will make or break. Bond, Gold, and Dollar up is not a good sign for the economy, oil will not do good in bad economy, IMO.
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My comments are for entertainment/educational purpose only. NOT a trade advice.