• Portfolio Management for September 1, 2016

     
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    Yesterday, I closed the long GDX position very early in the day simply because the US$ continued to be strong, which was putting pressure on gold.



    The portfolio ended the Month on a 2% loss. We can see below that although the general stats are good, the past 60 days R/R ratio is well below 1. One conclusion: I need some rest!!





    The trade ideas for the day are below. I will not place any trade, because I will be abroad until September 13.