Bitter Traders now now......about 10% of what you have written is fact. What is that old saying about Chinaman's whisper. After whispering to 20 people a subject. At the end of the 20 whispers the subject had completely changed. Where on Earth have I stated that I pip trade XTD? XTD you would be lucky to get 5-10k volume for the entire day, let alone make 5 times of that as profit. 1-2 cent loss on XTD? Where again do you get this ridiculous information? I made money on XTD, although if I recall correctly, after commissions, I ended up with less than $5.
I reversed trades as soon as I had seen several screens and realised they made no sense.
I mentioned the words "super easy" in reference to pip trading XTD? Crap!
End of last year I was pip trading most goldies, especially one which I was top 25 shareholder. In and out, in and out all day, 3-50 trades a day when you have big capital, brings in the 5-50k in pip trading in the day.
Now some bitter Trader will say, so you make 5-50k every single day do you?
I was extremely bullish on gold and when this particular stock was quite obvious to pick, it was performing better returns than my derivatives portfolio. I dumped the stock and having such a huge parcel it took awhile to
get the price I wanted. All out, the stock began to plummet. I was confused about the market, thought it had tanked, was wrong, got out of everything, so the gains were not made on increase of market, but prior to lengthy holidays I shorted gold heavily which made up for lost revenue on increase of market. Noticed a shift in market and up until now majorly long on gold.
XTD was simply a speculative trade, but once I read into reports where Management used the words " close to a deal " far too often and I saw the product, I got out.
Did I get excited about Trade Fair? True
Did I mention about possible agreements in other markets? True
Have I been completely doom and gloom for the stock? No, I mentioned something in relation to one of the Board Members having a successful past record and I wondered why he got onboard. Enough reason to keep an eye on the stock?
Did I place an order on the stock for 0.00005? Well, if whoever responded to this sarcasm, could not pick that sarcasm up......get a life.
Why do I monitor the stock? Why not?
My thoughts change often and if I can get into this stock at 1 cent and I think it had potential to go to $1.00. It would be stupid of me not to keep an eye on it.
So then I will get the question with a few days, if I think the stock is not any good, why keep an eye on it? I keep an eye on all stocks, past, present and future.
Answered all, not going to waste any more time on this, time is money.
XTD Price at posting:
12.5¢ Sentiment: Sell Disclosure: Not Held