invest in gold

przemyslaw-radomski

It would be good to see your results, stop-losses and the risk you take.

November 18, 2011, 12:00 PM Przemysław Radomski , CFA

It is a pleasure to read your newsletter but it would also be good to see your results, the stops you have and the risks you take.

  • [1] Should subscribers purchase and sell only when market alerts are sent out?
  • [2] Can you declare your own positions to subscribers?
  • [3] Can you run a real portfolio(s) starting with $100,000 every year in gold, gold stocks, silver, platinum, etc.?
  • [1] Subscribers can take any positions any time, and we're perfectly fine with that. However, we will notify you when we believe that opening a speculative long/short position in the precious metals sector is a good idea, and we will let you know when we believe it's a good idea to close it. We will also let you know when we believe it's a good idea to exit long-term investments and when to repurchase them again. We will do that in our Premium Updates and Market Alerts. Again, if you're a day trader, you will most likely prefer to enter and exit positions much more often than we do, but you may still benefit from our analysis by taking some positions based on our analysis.
  • [2] We do not declare our positions because we don't want anyone to follow us blindly. While this may not make much sense at first sight, it does when you consider that we may be far more (or less) risk tolerant then most subscribers. When someone takes on more risk than they are capable, they will surely close their positions based on emotional factors (when price moves too low temporarily) and will most likely eventually lose money. For example, if we told you to buy a very small (1% of speculative capital) amount of very-short-term options (that expire in 2 weeks or so), it is very likely than those who are new to the whole “investment thing” would use 20% of their capital or even more thinking "these guys were right 5 times in a row, they have to be right again!" Taking positions that are too large is something that is guaranteed (! see our report on gold trading vs. investment) to lose money, and that's the last thing that we want you to do.What we aim to do is to be your "consultants," where you pull the final strings after taking into account our analysis and your own risk preferences. We believe that this is not only the best way to improve one's investment skills, but is also the most ethical way to for us to help you make the greatest profits in the long run.Plus, please note that we will not take nor close a position before notifying you about change in our views, so you can rest assured that, we will notify you as soon as we get convinced about a given outcome.However, we will reconsider providing you with a few model portfolios once our new website is up and running.
  • [3] That's a good idea, thanks. We'll most likely implement something like that on our website.

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Dear Sunshine Profits,

gold and silver investors
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