I cashed out after lunch because RSI and MFI hit overbought. Chances are we won't see much of a dip if it behaves like it's been behaving, but I had waaaay too much money in it to take a chance.
Might just do options next time and not bet my house, lol. Plenty of money to be made without throwing $700k into it. (I had 2k shares of GLD)
Might just do options next time and not bet my house, lol. Plenty of money to be made without throwing $700k into it. (I had 2k shares of GLD)
Nota
Will re-enter when MFI hits oversold again.Nota
Amazeballs.... GLD is up another $3 already. Almost looks like people are dumping crypto and going gold.Guess I should've held, but every time I get greedy, I get burned. At least we know my buy indicator works.
Nota
Looks like GLD will gap up even despite the big drop. That drop is what I was trying to avoid. I would've been staring at futures all night, lol.Nota
It only takes a day or two for MFI to hit oversold
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