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February 12, 2011

Contingency Plans

Now that precious metals have given us a healthy bounce out of the January low, our stance needs to become defensive. Most traders are constantly seeking evidence that their views are correct. Successful traders, on the other hand, are always on guard for reasons their expectations may be wrong. Thus far, gold has performed exactly as one may expect coming out ofNow that precious metals have given us a healthy bounce out of the January low, our stance needs to become defensive. Most traders are constantly seeking evidence that their views are correct. Successful traders, on the other hand, are always on guard for reasons their expectations may be wrong. Thus far, gold has performed exactly as one may expect coming out of ...

 

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