Re: The Ultimate Leverage Investment Thread
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thanks for the replies. pretty painful day with gold's drop, but rather than selling i increased my position from $60 to $200 per $1 swing at 750p. my current stop loss in now 700p but is very flexible.
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What made you decide to incease your position in gold by over 300%? Was this trade already going in the right direction?
Also, bear in mind that a 'flexible' stop-loss isn't a stop-loss. If your stop is hit, take the loss. If the trade looks promising again the next day, look for another entry.
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