Pages: 1 [2]
« previous next »
  Print  
Author Topic: GOLD  (Read 557 times)
go4reward
Administrator
Forum Champion Addict
*****
Posts: 1138
Location: MoneyLand



WWW
« Reply #15 on: January 11, 2010, 04:22:36 PM »
It is all about US dollar trade. If the dollar rises, gold will fall.
Logged
Reward Shopping - Get 2% cash back on everything you shop online (over 3000 stores, Best Buy and more).

BAEVentures
Prosper Lender
Forum Specialist
***
Posts: 151
Location:


WWW
« Reply #16 on: February 04, 2010, 11:20:23 AM »
My stop was hit on SIVR today at $15.81. Average holding price was $17.00 for a net loss of 7% in roughly 100 days.

Still in GLD with half my position showing a profit. Sitting very close to my break even stop for the remaining half of that position though.

BAEVentures
Logged
If you register at LendingClub, use promo code : user_530075
Lenders receive $25.00 bonus for signing up, borrowers earn me $100 !
To the left, no not there, the little globe under my name ya goof !

go4reward
Administrator
Forum Champion Addict
*****
Posts: 1138
Location: MoneyLand



WWW
« Reply #17 on: February 04, 2010, 09:05:07 PM »
Good for you. 7% lost is not too bad. Having a sell discipline is not easy, but it can your bottom line when the market crashes. It is easy to say than done. I wish I have done on some of the stocks I owned now.
Logged
Reward Shopping - Get 2% cash back on everything you shop online (over 3000 stores, Best Buy and more).

ResearchPro
Global Moderator
Forum Expert
*****
Posts: 259
Location:


« Reply #18 on: February 08, 2010, 01:14:25 PM »
I sold at about 5% loss on gold.
Logged

BAEVentures
Prosper Lender
Forum Specialist
***
Posts: 151
Location:


WWW
« Reply #19 on: February 09, 2010, 09:03:36 AM »
My remaining position in GLD was stopped out on Feb. 5 at my break even point (103.30). This resulted in a 15% gain for half my position (sold 118.80), break even on the other half, tallying a 7.5% overall gain in roughly 3.5 months time.

BAEVentures
Logged
If you register at LendingClub, use promo code : user_530075
Lenders receive $25.00 bonus for signing up, borrowers earn me $100 !
To the left, no not there, the little globe under my name ya goof !

go4reward
Administrator
Forum Champion Addict
*****
Posts: 1138
Location: MoneyLand



WWW
« Reply #20 on: February 09, 2010, 05:25:25 PM »
That is very nice gain in this kind of market.
Logged
Reward Shopping - Get 2% cash back on everything you shop online (over 3000 stores, Best Buy and more).

Pages: 1 [2]
  Print  
« previous next »
 
Jump to: