BULL GOLD MINERS ON THE RISE!? REVERSAL? -$1,702.46 (July 10, 2017)

July 10, 2017

Percentage: -4.90%

Loss: -$1,702.46

Stocks Traded: $JNUG $JDST

Comment: Started off the day doing so well where I was up $500. Was correct with the $JNUG call where I had a great entry at $14.90 but sold at $15.20. It then went as high as $16.40s. Did not expect gold miners to rise this much despite gold prices barely going up. It went up 4x higher than my original target. Tried to short it but it kept rising. Revenge traded the frustration that it went so high. Kept averaging down... Guess miners are exhausted after the long downtrend this might be a reversal. Lost a chunk of my profits from Friday, depending on what happens tomorrow I might swing trade $JDST until the news with the Feds Wednesday/Thursday. Bearish on gold, looking for it to re-test the low 1200s again before a pop up.