A frequent question I get from less-experienced traders is: “Should I add futures contracts to my existing market position?” That’s a broad question and there is no single right answer. So, let’s break down the question into some scenarios.

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Pyramiding ? When and When Not to Do it

1. Always Preserve Capital. Traders should limit loss to 1% of total capital for any one position. 2. Always trade in the direction of the larger trends, with the most emphasis on the Primary Tide that lasts many months or years. In a Bull Market, look only for opportunities to…

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Seven Time-Tested Money Management Rules to Insure Survival over the Long Run

The price action in Gold has been the focus of deserving attention, yet further insight can be gained from an inter-market perspective. The usual historical inverse relationship between the USDX, US Dollar Index, and Gold has been out of sync. Both Gold and the dollar have been strengthening. We can…

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Intermarket Dynamics- Forex Insight on Gold