PMs are NOT for everybody Silverboom<\/p>\n
Especially the PM Miners.<\/p>\n
YOU will NEVER…EVER sell at the top of a move in PMs…they are seductive…they are addictive …they are a tease<\/p>\n
Personally …I believe this is a Baby Bull…I believe this is just the start….it was a fast and furious start <\/p>\n
Now we get a 15% correction…maybe it will go to 20% or god forbid 50%…then we have a higher low.<\/p>\n
It was never going to be to the moon non stop<\/p>\n
So far we have had a 135% Gain in PM Majors in a couple months and now a 15% drop.<\/p>\n
THEY…the machine programmers….KNOW you \/ us….they know they can shake you \/ we out<\/p>\n
We are conditioned now…like Pavlogs dogs<\/p>\n
They have us right where they want us…they want us OUT and Chasing by tomorrow…for sure they are going to <\/p>\n
whack us some more…..<\/p>\n
Too many here have been bragging about getting in early and having fantastic gains<\/p>\n
Me …I have been a lead dog bragger<\/p>\n
For my cautious side however I have been selling 10% every week as the beat goes on…locked in some good profits<\/p>\n
This strategy works for me….everybody has to devise their own plan .<\/p>\n
Some will just be content to ride out the inevitable 20%-40% drawdowns<\/p>\n
Some will Sell on a hint of trouble<\/p>\n
Some will skim some profits along the way….<\/p>\n
Some will keep adding on dips…and accumulate all the way UP<\/p>\n
Some will hedge with NUGT and the likes and curse every time the hedge goes against them<\/p>\n
Some will hedge and not mind if they lose the insurance premium<\/p>\n
Some will never get in as they wait for a big correction and when it comes…everything seems black and Bearish and they cannot pull the trigger…only to get left behind again.<\/p>\n
Some will commit financial suicide and trade the 3Xers from both sides .<\/p>\n
Some will commit physical suicide .<\/p>\n
You want to trade PMs to get rich ? Its Doable but Its Tough man…the toughest trade on the Planet<\/p>\n
Get a comfortable position as a core and hold it…skim profits on the way up but keep the core.<\/p>\n
That works for me….to each his own<\/p>\n
IF you sell…I hope you bank the profits and don’t trade those gains….Buy a yacht …then put the core $s to work again.<\/p>\n
PMs are NOT for everyone<\/p>\n
But they are for me.<\/p>\n
My Name is Fully and I am a Mineaholoic<\/p>\n","protected":false},"excerpt":{"rendered":"
PMs are NOT for everybody Silverboom Especially the PM Miners. YOU will NEVER…EVER sell at the top of a move in PMs…they are seductive…they are addictive …they are a tease Personally …I believe this is a Baby Bull…I believe this … Continue reading