Daily Trader Talk Newsletter
We've seen gold prices jump all over the place thanks to the uncertainty surrounding the economy over the last year. Whenever investors worry about the market and economy, they tend to turn to precious metals like gold to use as a hedge against uncertainty. So during times of high volatility, the price of gold can soar as investors pile into the market. Now that the economic recovery is underway, the gold market has stabilized a bit. But an opportunity may be developing within gold futures that could give us a chance to make some money. Follow along as I share my thoughts on the gold market and if it's time to jump back in! | |
Wall Street is eying rising consumer prices as it gauges inflation concerns The government may have just poured cold water all over the sizzling-hot SPAC market Q1 reports could reveal that the worst is over for financial institutions | |
"Given a 10% chance of a 100 times payoff, you should take that bet every time." -Jeff Bezos Most people dismiss many of the best and most profitable investment ideas simply because they probably won't work. Those types of investors never stop to consider how much they could make if unlikely outcomes actually occur. So long as you manage your risk correctly, you stand to make a sizable profit if you're willing to make the trade. Bezos used that strategy and is now the richest man in the world. You won't become as wealthy as he is, but you can't argue with the results!
Keep Trading, | |
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