You have to love this tape–One market goes one way, the other goes another, and…well, if you have seen Goodfellas (1990) you know the rest of the scene.
Actionable opportunities in silver, the miners, and coffee made our week inside 12631. Headed into next week, more actionable opportunities are for the taking.
Overall, though, I am very proud to report that we have suffered no major drawdowns in 2014 and for much of 2013.
Indeed, we strive to do just that, stay disciplined, inside our 12631 Trading Service, which @RaginCajun and I direct. I can assure you that a membership to 12631 is well worth its price over the long run.
The way we see it, the big winners will eventually take care of itself–What we care about most is mitigating downside and not being stubborn with losers, and not taking on unnecessary risks. In addition, we strive to preserve a top shelf, quality atmosphere for traders of all backgrounds. We fuse together actionable idea flow with a constant emphasis on proper risk management techniques in our streaming, Twitter-like, state of the art chat room.
Also, be sure to catch my next Weekly Strategy Session.
See you there.
Have a great weekend!