Comments on: Here’s how that bullish analysis on Gold ETFs worked out… https://morpheustrading.com/blog/gold-etf-2016/ Learn how to swing trade explosive growth stocks and top cryptos with a proven stock trading strategy since 2002. Wed, 06 Apr 2022 19:05:01 +0000 hourly 1 By: Keith https://morpheustrading.com/blog/gold-etf-2016/#comment-50381 Fri, 17 Jun 2016 23:44:01 +0000 http://www.morpheustrading.com/blog/?p=4485#comment-50381 In reply to Jack Balog.

I appreciate the questions you raised for me to consider. I definitely will review my short, intermediate, and long term plans and decide how this trade would best fit into the big picture Thanks again Jack!

]]> By: Jack Balog https://morpheustrading.com/blog/gold-etf-2016/#comment-50379 Fri, 17 Jun 2016 16:38:27 +0000 http://www.morpheustrading.com/blog/?p=4485#comment-50379 In reply to Keith Schrecengost.

Hello Keith, Thanks for commenting.
How to sell depends on what you are trying to accomplish with your trading. What was your original plan for the trade and is that plan still valid? If you purchased for a long-term investment why do you want to sell now? There really is no right or wrong answer for selling a position because selling for a 10% gain could be fine for a very short-term trader, while intermediate-term traders may look for 20-30% gains or more.

]]> By: Keith Schrecengost https://morpheustrading.com/blog/gold-etf-2016/#comment-50377 Fri, 17 Jun 2016 04:33:45 +0000 http://www.morpheustrading.com/blog/?p=4485#comment-50377 Last week I purchased $5K in diversified gold ETF’s, originally for long term investment. Now however, I am considering the option of selling the funds the day before the Brexit vote next week. Is this type of gut/hunch move to secure profits prudent for a short/intermediate trader? Thanks!

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