Thursday, July 7, 2011

7th July 2011–Golden Experience

Buy $

Sell $

Sell Short $

Buy Back $

Stop Loss $

Profit / Losses

Duration

 

23.51

 

 

 

Even

20 days

 

imagesReason for Buy / Sell / Sell Short / Buy Back:

 

  1. Stop loss triggered

 

Lesson Learnt:

 

  1. It is hard to short commodity like Gold. They are HOT commodity. Same goes to SLV.
  2. It might be a good time to come back to GLL looking at the chart now. Let's see how the GLD ETF is doing.
  3. There are a lot of gapping in GLD and GLL charts. Consistent adjustment of the stop loss is very essential and important.

 

Intraday Chart

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Historical Chart

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