zdo

Exactly! “Scaling in an out is not for every strategy” “Scaling in an out is not for every person” “Scaling in an out is not recommended all the time” “never … touch this sort of … based on a random entry method” To partially rephrase and emphasize the above - Genuine (and modified) scaling requires generous capitalization. Genuine (and modified) scaling still requires a max risk per load / campaign comprising only a small portion of total capitalization. Genuine (and modified) scaling just simply done (“randomly”) is asking for additional trouble – more pain and trouble than most traders need or even can endure. I personally only do genuine scaling into pretty sweet looking convergences of cycles. My ‘rules’ for modified scaling are looser, but still aren’t by any stretch of the imagination done completely on a whim…and time based stops and other techs that are congruent with counter trend trading are used, etc… (even though the scaling typically continues after the trend has turned... ie rarely is the full load on before the turn). Genuine (and modified) scaling is barely ‘skills’ based … more accurately - it’s ‘virtues’ based. … I don’t know how ‘on topic’ / relevant to OP’s methods this is… but still … hth PS re: randomness so many randomness threads and arguments lately... what's up with that? Wonder if they've traversed the same crossmappring, args. and conclusions in the 'big' forums? :haha:I'm thinking we need more "randomness " threads ... wish I had time to start one...

more "crazy" ? Not …certain GOES data has accurately ‘prognosticated’ 14 out of the last 3 ‘weird' and 'really weird' trading sessions. I have ‘stochastic-likes’ that accurately ‘prognosticate’ 5 of the last 3 turns … But the ‘stochastic-likes’ are all about turns. They don't give any forewarnings about ‘weird' at all ________________________ “On the surface, the Status Quo appears stable, if not quite healthy. This stability is illusory, however, for the Status Quo has a fatal disease: diminishing return. ” CHS

"crazy" ? Not. certain GOES data has accurately predicted 14 out of the last 3 'really wierd' trading days

Voltaire Steve, I think we've discussed this before. Whether the narci,etc noise levels are high or low, your audience in here is extremely small and generally remains quite quiet. Focus on them... unless you're convinced they also are hopelessly 'gone'... "It is impossible to free someone else from the chains of ego." Vultare ...none of us are indispensible up here... ... not even the masters among us... the ones who never even react to stoopididy and the ones who can't stop themselves from gettin' all up in it. stay - it doesn't matter really except to a tiny, quiet few go - it doesn't matter really except to a tiny, quiet few All the best, zdo

What is the DSM cat. for letting narci’s interfere with one’s contributions to empower others?

I am with zdo. [needs 7 more characters]

my thoughts - to present this as “new” is taking an ax to its own credibility legs. for example, I have publications, documentation, and work predating 1990 on this… and I was way behind the curve then... gann and, more importantly, 'gannlike beyond ganns' go way back … also have another more formalized/programmed cluster of work from circa 2004 … and another iteration from circa 2006 … additional my thoughts – if your ‘paradigm’ is that we are outside the sun then… however, if your ‘paradigm’ is that we are (quite deep) INSIDE the sun, then…

...someone theorized this whole sell down ...which may not be over by any stretch... is to entice holders of the physicals to spread arb (ie exchange/dishoard their long physicals for long paper pm’s) Anyone buying physicals right now ?… premiums over spot are frkn astounding!… gives some credence to that theory… ... :off topc: re "That may now be changing" "That" has a long way to go before it really changes. Using post counts as an estimate, the percentage of posts that address gold in terms of dollars (or one's local fiat) runs at around 99.99%... "That" will not really have changed until it shifts to a preponderance of posters really concieving of it and communicating about fiats in terms of gold... right now, most literally can't even conceive of such...gold bugs or not... We now return you to your regularly scheduled posting

:haha: guys, this thread has been turned over to the eunuchs, so unless you are a ... ... and you eunuchs (wtf is a eunuch anyways?) out there - please! not everyone at once!

This nobody argues that, even in nominal terms, the markets have not seen considerable appreciation since QE 66 was implemented, then announced...

posts like these most recent two amaze me and remind me 1 how widely humans’ beliefs can diverge from reality - and we still somehow survive And 2 how widely our beliefs can diverge from others’ beliefs - and we still survive somehow Update on the content I’m working on… I have been too busy to even think about it. I know - excuses, excuses As I mentioned earlier, I have two atypical projects going this spring. In trading, working with a programmer/partner to finish up an automation project to capture more of the action btwn 2 and 8 AM ET… it’s actually partially implemented now but I’m still spending just as much time with it and my offshore programmer as I was during raw development . Also, I finally talked my wife into moving back out to the farm so I’m self contracting a new building – a ‘barn’ (outside) / office (inside)… so after a slightly shortened day trading session, I feel compelled to go out there and check on ( micro-manage to exasperation ) the subs and labor almost every afternoon … and several days a week I stay until dark working too … pulled rough electrical and cabling this week… Throw in tennis league and contract play and I’m slam booked daylight to dark….Also, will be shutting down for 6 weeks instead of 4 this year and that’s coming up in less than a month…plus on the actual material itself, I’m struggling in certain parts with coming up with english for traders/those who don’t ypically run close to a ‘physical culture’ (like myself, btw)… …so, someday… haven’t forgotten… Have a great weekend all.

MMS, Yes using this “dip” as a buying opportunity (and by dip I’m thinking you mean the downdraft that started back in early Oct 12)… but certainly I’m not doubling up. I’m buying incrementally more PMs when SI goes below .67… so far only two fills – one at 23.67 and one at 22.67 for an avg price of around 23.10 SI (and equivalent AU). For a lot of such campaigns, I scale in in a manner I’ve described elsewhere… shorting USDINR, etc. (somewhat similar to the process 1a2b3cp4pp has been describing - sans options, btw) but in this particular case, I’m using stops. … and in this particular case I’m using a tight stop at ~22.30… and may move it to b.e. as early as this coming Sun night. If I get stopped out I will just start over with three loads at 21.67 and proceed from there…( and also be prepared to stop back incrementally in if it goes back up.) ie i'm projecting high probs of lower prices

Indeed - he will get me … unless they quickly pass a ban on assault backpacks and close that garage sale loophole on pressure cookers… One more time, bob b… what do PM’s do around the full moon ? (2 people are spying on you) View Now

"The scoreboard lies."

bobc :rofl: what do PM's do around full moon? ( what I have read and what actually happens is different... )

Now it's my turn What does that have to do with whether China is a 'bubble' or not? offtopic completely... :haha: are you all seeing that OANDA ad with the bluegoldgreen circlejerk threesome?... that is just wrong

With this kind of price movement in such a low vix world, I would guess ‘unable of interest’ describes it a little better than ‘lack of interest’ … More db twipping … instead of ‘that is of course of no interest here’ let’s say ‘that is of course of little interest here’ because at least one person, me, used such a level to set handles for the cautious limit pyramiding. I didn’t go to ‘exactly’ the middle of the range like you (used to – still do ???) talk about… I glanced at the mid Oct 2010 to mid Mar 2011 in AU to set .67 handles for AG limit entries. If you haven’t talked about that lately and if you have time, maybe some could benefit from a review or real time chart examples…thx SunTrust, re ‘trend down yet’, what time frames are you referring to? And what are you using to demarcate a trend? For example, when I glance at the weekly PMz, I only see corrective action – more so in AU than in AG, but still… (… and not to say it couldn’t ‘correct’ a LOT further…) (... and not to say that one can't see any 'wave count' they 'want' to see on any chart of any time frame...) thx [EDIT MY QUESTIONS WERE ANSWERED IN POST 305 Thanks.]

Expounding for potential or budding 'gold bugs' … I mentioned yesterday that I was a gold bug until ‘93 and then got over it - as if it were something to recover from. From a mental perspective, it really is something to ‘recover from’. But in real life, acting in accordance with a ‘gold bug’ perspective is best seen as a necessary stage for (almost) all wealth builders. Properly accomplished, it is the stage of managing the PM/currency relationship to accumulate sufficient inventories of PMz… so one can then actually implement ‘beyond gold bug’ campaigns and strategies. Fortunately, the practical and the mental stages don’t have to coincide that precisely… Personally, in my various acts along the way, some lagged and some lead my ‘understanding’ by sometimes years… Most of you are a lot brighter than me so you can synch it up well and not have to go through such phase 'delays', etc… One major challenge – the fiat spell on the collective is much more pervasive than it was then… the hypnosis is much deeper. Meanwhile, on the plus side, if you can break the spell, the actual facts are multiples more obvious than they were back then… :missy: we now rtn you to your regularly scheduled posting...

It is a long winded 'yes' answer to the OP question...

Yes – and this ’swing’ and the PA leading up to it has a certain distinctive ‘AD campaign’ air about it… one of the possible reasons for the increase in charged chatter... …and why have people suddenly stopped talking technicals in the thread ?… imo, sudden parabolics deserve as much technical attn. as do range bound small swings, etc... anyways, I hope it’s not because of noise from what they think is exclusively gold-bug talk. (I, for one, am not a ‘gold bug’ proper. I was a serious gold bug until 1993… then I got over it… although, yes, I still do rant about fiat a lot... just for fun here's some more sedition...http://www.oftwominds.com/blogapr13/stress4-13.html ) Gold is not good shtf money. Silver is much better. Getting proper quality and quantity of change back from a purchase made with even a small gold coin can be a real problem/give away...etc. Gold is good post shtf capital/collateral. Why are we even talking about this? All is well. Gold crashes NeverEver lead 'recessions', etc.

SUIYA, Re: “the arguments…” and sales, etc. Paper gold is fiat too! Gordon Gekko's Blog: Buy PHYSICAL Gold. NOW: The Discount of a Lifetime: Or Why You Must Abandon the Fake Paper Gold Market Thank goodness paper gold is officially sanctioned and regulated (haha)

Update to the Update: The Attack on Gold -- Paul Craig Roberts - PaulCraigRoberts.org What a stoopid old man ! ... and he implicates the owners of gov't, etc... update to update to update of update ... of fiat in action… it only takes $24USD now to buy yourself 4 ‘real’ quarters and 4 ‘real’ dimes… these relic’s values are ‘crashing’ everywhere… sell yours now! :snicksnick:

I’m a (gold AND silver) homophrodite ... and I am very offended... you fkn bit ch :rofl: ...tell you what - I'll show you mine if you'll 'splain' to "us if fiats are now 'safe' again and we're free from the need to make 12% just to keep up with 'money inflation' ... and if we're at risk of the uberfeared 'economic deflation', etc." zdo

SIUYA, it was just part of my stream of stupidity chatting it up… I should have just said I bought or sold more every time it went up or down a dollar per oz. – but didn’t do it on the .00 handles. Often, these ‘levels’ are based on harmonics, SR,etc… sometimes they are founded on irrational, self entertaining, superstit… first one usually sets subsequent ones... While those numbers stay accessible in my memory for some reason, I only remember why I ‘chose’ them for the most current series… where the first limit ‘level’ to buy under 24 was at 23.67… snagged from an eyeball SR ‘attractor’ from long ago In the previous series where I was selling silver as it went up through the 40’s, most likely first fill selling was at 40.28 so all the subsequent limits were placed at .28 “through the 40s”. I may have posted more about it back then... Of much greater importance is overall sizing allocation and the rate of scale in and scale out for these kinds of positions… In that scaling out, my average price of the exit was not at the top … but it was a dam sight better than if I had been holding out for a 50 target - that never got hit ... then to wake up one morning with price back down near 43 and working on back down from there… I often feel like I’m only adding off topic material to this thread because for the most part the other posts are about short term ‘trade’ opportunities in PM paper… a game I only occasionally play… and, btw, by my definitions you can only trade PM's... you can't really 'invest' in them... (although you could invest in an extraction or distribution enterprise)... and re: Perma ‘s ... imo ‘Perma’bulls - hoard-valuing a purified metal is stupid. :helloooo: ‘Perma’bears - trusting fiats to hold worth and value is even more stupider. ... still waiting for bobc to tell us if fiats are now 'safe' again and we're free from the need to make 12% just to keep up with 'money inflation' ... and if we're at risk of the uberfeared 'economic deflation', etc. :rofl: Isn't the arguing preferable to an ‘in apparent shock’ lack of curiosity…to me, the arguing is better than “settling for nice neat stories and refusing to admit the truth runs much, much deeper…” Down in the psyche of the individual, there still burns a flame | Jon Rappoport's Blog

bobc, Thank you. I appreciate your posts. (you seem scary serious though ... ) You didn't lose me, but maybe you lost 'them' at what Shakespeare terms "on the charge of a star!" re You and SunTrader are the only PM bears... ??? I don’t know if the following qualifies me for that very short list or not. I believe that there is a time coming when PM’s will go through an extended period of time where they are almost useless for exchange or store of value… does that mean I’m a bear? Speaking of short lists - You stated that inflation is over. What does that mean to you? That deflation is now here? I have stated that both inflation AND deflation are here. I know this site has degraded to news regurge content– Bloomberg refeeds, etc. – instead of individual’s thoughts and opinions, but it is curious no one questioned or disagreed with the possibility of either of our statements… At my first series 3 brokerage job long long ago they put the east coast clients long and the west coast clients short (and v v). The bullion banks are old hands at playing similar games. And GS has long been successful at effectively doing the same with its counterparty desks … and, it is also amazing, but no longer surprising to me, how such ‘establishmented’ enterprises can literally go poof… almost overnight… Goldman Keeps Gold Short As It Lowers Stop Price, Even As It Is Stopped Out On Commodity Basket For 6% Loss | Zero Hedge … meanwhile… if I look at monthly charts of PMs 'spread' USindexes for the last twenty years, if I give due consideration to my perceptions of and thoughts about the trajectory of policy and the existing and threatened quantities of fiat, ... etc… when I do such, I personally don’t want less inventory of PM’s . I want more. … During the last major move I stopped into more long PM's at every.93 until AG passed 24 in 2010 and then stepped back out of specs on the .28's through the 40s. This time I waited for it to go back down to 24 before 'participating' . I hope it goes much lower against fiat to allow me to expand inventory on limit entries of PM’s (currently I’m all about AG not AU) ...At the same time, I see no need to view the recent move as simply “just a correction”… when obviously it’s not a typical “just a correction”… so I will be as patient (as is possible for me) and consider at each .67 whether to buy more AG than I did at the last .67 above… until I run to the end of scale... zdo