Friday, August 15, 2008

Still long GLD with some covered calls. Can you believe that? What next?



Sometimes we need to spend more time deciding what our next trade will be.




Every good trader has an emotional,physical,spiritual and mental place of retreat and reflection. To each his own, be it literal or a place we go in our meditative mind.

If you want to be in the top 3% of all traders you will find yours without my help, but this picture may give you something to get the juices flowing... Best of luck in your trades.

DD

2 comments:

Anna Elizabeth Ballard said...

Well Big D, I know you won't like it but I've made some money on puts with STLD over the last two weeks. Keepin it rizzel!

Smart Bomb said...

Do what works for you brother, just stay in touch with reality, and don't ever get an attitude with the market- It will B-slap you so fast you wont even notice that you are broke until you wake up in a shelter in Canada...

Step back and think. And always follow YOUR RULES not mine.

We all trade our beliefs that are based on what we have proven to be true by consistent success.