Your only trading account is worth $10,000. You wake up really late tomorrow, and the market has already been open for two hours. You check on your balance, and discover that the account is up $500 on the day. Are you:
a) elated
b) pleasantly surprised
c) indifferent
d) a little concerned
e) terrified
We’d go with e) terrified, because if your positions are such that you stand to make 5% in one session,…
The Associated Press reports that the US Mint can’t keep up with the demand for gold coins:
The U.S. Mint is temporarily halting sales of its popular American Buffalo 24-karat gold coins because it can’t keep up with soaring demand as investors seek the safety of gold amid economic turbulence.
Mint spokesman Michael White said Friday that the sales were being suspended because demand for the coins, which were first introduced in 2006, has exceeded supply and the Mint’s…
For everyone who wasn’t able to make the seminar Jared gave last week, the full video is now available:
Using Iron Condors to Profit from Fear
We got a great response from those that attended and we’d be happy to do some more of these in the future. If you have questions or ideas for topics that you’d like to see covered, do let us know.
Monday, December 8, 2008
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