Technical Analysis – Put Egos Aside & Respect the Charts

I would like to repeat the idea that it is best to subordinate yourself to markets at all times.  To put your ego aside or at least check it daily to make sure it is not leading you astray.  The gold bug ego for example, hardened by a solid decade-plus of relentless bull market is in my opinion too set in its ways on balance.  That is because it is an ego that knows it is right.

Au monthly chart, log scale Continue reading "Technical Analysis – Put Egos Aside & Respect the Charts"