Great Time to be a TRADER MAY 2023

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Great Time to be a TRADER MAY 2023

Post by morganman » Fri May 05, 2023 1:35 pm

Huge Volatility and repeated tests of well known Resistance & Support Levels like Gold, Silver and
oil make placing trades and stop loss orders a easy pickins scenerio for Futues & Options players.

I have witnessed and capitilized on huge gains in metals and saw the rout in oil coming so was excited
to be SHORT oil, picking well over 6 figures in a nice $9 barrel profit on a shit pot full of contracts
My gold just ran to almost all time highs so i ran for exits, taking money to the bank big time

Very seldom does a trader get several huge wins tied close together, withot risking to much and i used
brokerage margin money as well, so all the better, reducing cash demand and costing little

Gold pulls back from highs as its done every time. I am on sidelines smiling at a nice Bank Balance

Things are really heating up with mkts showing strains of super un certainty

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Re: Great Time to be a TRADER MAY 2023

Post by Longstrider » Fri May 05, 2023 2:33 pm

Good for you. Well earned profits. . Happy for you Scott.🐍
Last edited by Longstrider on Sun May 07, 2023 1:36 pm, edited 1 time in total.

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Re: Great Time to be a TRADER MAY 2023

Post by messydesk » Sat May 06, 2023 2:37 am

Please refrain from discussing politics and politicians here. While parts of the deleted posts were gray area discussions of monetary policy, other parts weren't.
Welcome to the VAMWorld 2.0 discussion boards. R.I.P. old VAMWorld.

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Re: Great Time to be a TRADER MAY 2023

Post by 4sdair » Sat May 06, 2023 4:56 pm

Speaking of Pacific Western Bank, I did some research and decided it was worth the risk to buy in Thursday morning (5/4/23). 1725 shares @ $2.93 per ($5060). As of close 30 hours later I'm up almost 97%. I'll keep a close eye on it and may dump out of it Monday morning.
Screenshot_20230505-150110_Robinhood.jpg (37.86 KiB) Viewed 578 times

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