tag:blogger.com,1999:blog-27784316.post3108724467676237369..comments2023-09-06T03:23:43.027-07:00Comments on I AM A FUTURES TRADER: Chris Johnstonhttp://www.blogger.com/profile/01542415946929766288noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-27784316.post-49321210804007315372012-02-25T11:36:00.513-08:002012-02-25T11:36:00.513-08:00I agree-just one last word-here is a little someth...I agree-just one last word-here is a little something to read<br />An affluent neighbourhood in Palm Springs was recently surveyed loosely<br />on their gold buying habits. As it turns out the bubble talk on CNBC and in the<br />news isn’t quite as dramatic as they portray it to be as not many Americans are<br />yet buying gold. We’ve got much further to go in this secular bull market so<br />get your gold while it’s cheap as the recent breakout points to much higher<br />prices later on in 2012.<br />also you base a lot of your shorting of gold on thosr fudged COT reports--as if those reports are worth anything--<br />the trend has ben up for ten years so stop fighting it<br />That my final word..we don't agre but its fun going back and forth<br />You do a great job on your blog and I look forward to it every dayRoberthttps://www.blogger.com/profile/00312302955234587786noreply@blogger.comtag:blogger.com,1999:blog-27784316.post-72386830310003873172012-02-23T22:06:49.603-08:002012-02-23T22:06:49.603-08:00Yes indeed Robert, we have a friendly disagreement...Yes indeed Robert, we have a friendly disagreement. However I have reached an end to talking about this. My view on this has been stated over and over again. Lets move on to something else, deal?Chris Johnstonhttps://www.blogger.com/profile/01542415946929766288noreply@blogger.comtag:blogger.com,1999:blog-27784316.post-75444414248549508682012-02-23T16:33:15.736-08:002012-02-23T16:33:15.736-08:00I agree with your comments.all except gold is in a...I agree with your comments.all except gold is in a bubble--ain't so--<br />not sure what your definition is of a bubble but no matter what it is gold is not in a bubble--<br />I guess we agree to disagree--<br /><br />Keep up the good workRoberthttps://www.blogger.com/profile/00312302955234587786noreply@blogger.comtag:blogger.com,1999:blog-27784316.post-65396786846868215592012-02-23T16:12:51.502-08:002012-02-23T16:12:51.502-08:00Bob this guy has been on Bill O'Reilly so I do...Bob this guy has been on Bill O'Reilly so I don't think they could be able to say he has the record if he does not. That show has millions of viewers every day, a false claim could never be made on it. He does not say in the book the exact number, rumor is it is 170ish<br /><br />Robert, my short term stuff on Gold is not a sell anymore other than the COT stuff which is only a setup not an entry. There is no sell signal in sight for me at the moment, it has rallied too much. I would assume you are a holder of Gold based on your view of it so things look good at the moment for you. The 4 year cycle top is still due right here which is something Larry Williams has been talking about and he was also trying to short this market when I was. He was in the same trade I was in. Nothing imminent at all now. Bubbles as I have said are impossible to time accurately at least for me even though I have caught a few pretty well over the years.Chris Johnstonhttps://www.blogger.com/profile/01542415946929766288noreply@blogger.comtag:blogger.com,1999:blog-27784316.post-46991791267867001432012-02-23T13:06:35.853-08:002012-02-23T13:06:35.853-08:00Hi Chris,
Ordering the book ... American Sniper. ...Hi Chris,<br /><br />Ordering the book ... American Sniper. I thought the record confirmed kill by a sniper belongs to Carlos Hathcock?Bob Lauhttps://www.blogger.com/profile/10245751028899760352noreply@blogger.comtag:blogger.com,1999:blog-27784316.post-73730961531303772932012-02-23T07:08:32.122-08:002012-02-23T07:08:32.122-08:00Chris,
i know you want to short gold but it just k...Chris,<br />i know you want to short gold but it just keeps going up--i agree with you that gold is extremely over bought but its been like that for weeks now <br />What is your position on gold now --still looking to short soon?Roberthttps://www.blogger.com/profile/00312302955234587786noreply@blogger.comtag:blogger.com,1999:blog-27784316.post-15663417626829855652012-02-22T18:01:54.083-08:002012-02-22T18:01:54.083-08:00Thanks John
Rigorous, if you are trading a mechan...Thanks John<br /><br />Rigorous, if you are trading a mechanical system you have to follow the rules come hell or high water. There will be losses that is really the only thing that can ever be guaranteed. If you just follow your rules and wind up taking a loss it is just like any other trade. It is not easy, but to the best degree you can you must try to treat wins and losses the same. They are transactions basically.Chris Johnstonhttps://www.blogger.com/profile/01542415946929766288noreply@blogger.comtag:blogger.com,1999:blog-27784316.post-22243275172173192962012-02-22T12:38:36.045-08:002012-02-22T12:38:36.045-08:00I don’t trade at all like Chris. I read for the p...I don’t trade at all like Chris. I read for the philosophy and inspiration which is the same no matter the style of trading. And over time, I am getting better at this business. Chris is an abundance of knowledge and experience and I learn new things. Lack of discipline is my biggest problem.<br /><br />A week and a half ago I shorted the S&P 500 index with ETFs and am in the hole by 16 S&P 500 points. My system did not invalidate my short yet so I am still short. I don’t usually stop out because I use my system to tell me when the short is no longer valid.<br /><br />As this rally is so persistent, I am prepared to get out at a loss. Then I will reverse and go long as it seems there are few nervous sellers.Rigorousnoreply@blogger.comtag:blogger.com,1999:blog-27784316.post-66536571080886348392012-02-22T10:01:02.297-08:002012-02-22T10:01:02.297-08:00Congratulations on the readership milestone, that&...Congratulations on the readership milestone, that's pretty darn good in my book. I keep telling people about your blog, don't know if any of them come by, but I hope they do, for their own sakes.JMhttps://www.blogger.com/profile/09876016557456927299noreply@blogger.com