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TFC Commodity Trading Forum

Re: what I observed Wednesday morning at TU

I was interested in getting your "take away" from his stuff. You are an old timer, just like me - and I value your input. You've contributed a ton of stuff on this forum and I appreciate your time and effort.
I am in the midst of moving back to the USA - so I am not doing much until I get back in the saddle. I'm in cash at the moment - but plan on re-deploying when I get settled.

I have read posts on other sites where the players do not use stops. I have never agreed with this position.
You need to cover yer 6!! If you are wrong - you can always get back into the trade I've argued with them about that strategy. You leave yourself exposed - at what point do you decide that you've had enough and bail??? At least with a stop - you can manage the trade. To me, trade management is what it's all about.

I wonder what Ronbo is up to. He was pretty active on the board with his silver trades - probably busy with his Russian sweetheart planting potatoes!