Monday, January 09, 2006

Beware Gold

Once again we find ourselves reviewing the exact strategy for exiting a losing position.

Gold is jumping around at it's highest level since the 1980's.

Be very clear on what your trigger price is to roll or exit your positions.

This maybe a time to cut you losses and simply exit.

Rolling your position only keeps you trading in a market that is behaving abnormally.

Murray

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