Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    You are Your Own Worst Enemy

    Lobo
    Lobo
    Moderator
    Moderator


    Posts : 28411
    Join date : 2013-01-12

    You are Your Own Worst Enemy Empty You are Your Own Worst Enemy

    Post by Lobo Sat 06 Aug 2016, 11:03 am

    You are Your Own Worst Enemy Psychopath_knife_male_150_clr_18211
    COMMENT: Marty; I watched the monthly numbers you gave for the close of July. The stock market gave a buy signal and gold failed again to close above your buy signal. I have to say, this is really amazing. Your reversals put it very black and white. If you ignore the human second guessing, it is really a learning experience. I get what you mean. You have to eliminate the human judgment to survive.
    Thank you for the education
    HW
    REPLY: Yes. A market rallies and the gut assumes it will continue. It drops and you panic selling the lows. This is why I say that your worst enemy is always yourself. You have to conquer your own emotions to survive. Correct, gold has avoided the 1362 number both in June and July. The US Share market closed above its Monthly Bullish Reversal so we got the breakout this week. The numbers are the numbers. People try to second guess them all the time. This is the key. If you buy or sell against the Arrays and/or the Reversals, you usually will end up on the wrong side. ANTICIPATION is the killer.
    https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/you-are-your-own-worst-enemy/

      Current date/time is Sat 02 Mar 2024, 8:57 am