PERFORMANCE

Every single trade since 2007, without exception, is included in the performance results and is easily verifiable.

Number of winning positions: 194
Number of losing positions: 11
Average annualized % return per position: 1072.34%

........................Check out the details

By accessing, reading or using, you agree without exception to  Terms of Use
Categories

MANAGEMENT OF THE GOLD TRADE, $GCZ9, $GLD.

On very short term trades, the difference between making money and losing money is trade management. Based on the ZYX Change Method trade management guidelines, 5% short should have been scaled in at $1082.5 and another 5% at $1100. The method suggested aggressively shorting just below $1105. and a stop zone starting just above $1105. However, the market did not cooperate as gold futures gaped higher. Based on the methodology an aggressive short position of 50% is taken at $1111. with a tight stop zone starting at $1115. Based on the price action, it is prudent to start scaling out exits around $1103. If the gold does not fall under $1103, then the complete position should be exited under $1106.

One Response to “MANAGEMENT OF THE GOLD TRADE, $GCZ9, $GLD.”

Leave a Reply

You must be logged in to post a comment.

CHECK OUT OUR PERFORMANCE
ALLOCATION 2011 PERFORMANCE SA WITH LEDGENDS ON TOP OF BARS
10 BARGAIN STOCKS