You don’t EVER buy pre-market…and I rarely buy anything in the morning.Period.
This is when Wall St. “sells to you”……where as in the afternoon….Wall St. “buys for themselves”.
You should file this away as another great tip / something to incorporate into your trading….as a mis-timed entries tend to keep you up at night.
And we all need our sleep right?
Resist the temptation to buy in the mornings….this will help a lot.
Did you offload your NUGT position before Yellen’s statement?
Not at all no!
The price level checks out via my indicators/tech….a nice spike in the a.m but I am looking for much more….
The next leg up should add a few bucks to NUGT – 14-15 bucks would make for a great trade.
I wish I would have BTFD this morning after her comments. Resiliency of miners amid fed jawboning is impressive.
Fed can’t talk this fundamental shift away….
Money gonna pour outta stocks and into commodities…but they sure won’t tell you that on T.V!
well buying afternoon didnt go well too
A single day….a single trade…no entry is ever perfect, but it sure beats buying at market open and watching things take a nose dive for the rest of the day right?
Markets never make it easy when a big turn is coming, and gold is looking great here a few days out. I assume you should be pretty happy come tomorrow / Friday. Hang in there man….
This price action makes me want to buy more!
I am buying more as this has played out to the tee.
I’d expect USD and GOld to make the solid turn here tomorrow!