That's why he is a great trader! In his blog, Peter Brandt suggested that the next move in Gold could be a big down move giving a decline of $250.
There is a famous saying: "He that fights and runs away, may live to fight another day; but he that is in battle slain, will never rise to fight again. " by Tacitus For Traders, Preservation of Capital
From CrossHairs Trader Excerpts from the book, Hedge Fund Market Wizards: Schwager: You have seen a lot of traders. What are the characteristics of traders who succeed? Clark: They all work hard.
The Market is a great teacher. As soon as a trader develops a sense of over confidence, Mr Market comes and puts the trader in his/her place. Silver broke out
After remaining in a narrow range for 11 trading days, the Nifty finally broke out from the 4950 resistance. The pattern targets for this up move are 5100 approximately. Only