| | | A few things veteran traders notice ( because they now have developed a cunning instinct of the world out there.... )
1-People with FOMO syndrome, ie early sellers converted in late buyers. "When the ducks are quackin'... you feed them ! " ....
2-Traders with predictions and timing anxieties, or all-in or all out "timing oriented questioning ". SNAFU ....
3-Traders obsessed with Sprott, ie, late buyers.
4-Traders obsessed with " I'm just asking, and just wanna know ", on various boards....
5- A post like this: " I'm having trouble understanding why silver miners are falling this morning (e.g. AG, FSM, EDR all down more than 3%) while the price of silver is still so high, fluctuating about 26.7. Surely this is a very good price for the miners? Could it be that the market (the algorithms, the big boys, whatever...) is anticipating a fall in the POS? " G.B.
For lots of us, reading your posts lately, suggests lots of either insecurities or inexperience or " i want in ?! " or " i, too, got it ! " or just simply lack of DD ....
Don't take this bad or personally ! Learn how to do your own Due Diligence (DD).... because we all seek safe harbor ! We were all there, at that point, somewhere in time, in that situation. We know what it means to lose it, to fall down and to get back up.... and "do what you gotta do".... Or you time in the investment world might be short-lived.
The cure ! Because there is one !
Less posting, more studying. Knowledge is empowerment !
Subscribe to 2 or more reputable newsletters, to understand what a real analysis is or could be. No one has the truth. I pay some 800$ a year for various properly VETTED newsletters and made shitloads of cash, ie, more than 800 buck of profits !!! ;-))) .... You want to be good at something, learn from the best ! (or die with the rest) just a pun ! ;-))))
Offer yourself a few consultations with a pro ! Nothing is free ....
What is gold or silver to you ? What do you think it represents to the rest of the world. You gotta understand what you buy !! Right ?
Learn to do basis technical analysis, moving averages in various time frames, Bollinger bands, Volume, RSI, candlestick reading, break-outs, fake-outs, oversold/overbought, etc....
Learn and understand the differences between, grassroots explorer, early or late stage developer, junior vs intermediate vs senior producer, streamers vs royalties....
Learn & understand what rotation/laggards/cycles could mean to profits (profit taking) and opportunities (there is always a good or bad story to follow), learn various strategies when "stuff" moves up or down.
Understand pump & dump, Buy or sell the news !
Read Reminiscences of a Stock Operator, a best-selling book by Edwin Lefèvre.
Have a little humour and humility !
OR LEARN TO LOSE RAPIDLY LOTS OF MONEY !
Or being a strong believer in free-speech.... continue has is, and/or put me on ignore !
Regards and best of luck
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