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<p>[QUOTE=&quot;Clawcoins, post: 3362976, member: 77814&quot;]You&#039;re right.&nbsp; But stop kicking yourself and start writing down stuff that you see.</p><p><br /></p><p>For instance,</p><p>1 - those ASE Congrats were what I call a &quot;stupid spike&quot; where due to an emotional drive, low supply, makes the price spike to &quot;stupid&quot; heights.&nbsp; That&#039;s a &quot;cash out NOW&quot; scenario.</p><p><br /></p><p>Gasoline, as an example, prices spike for a few reasons both real and unreal:</p><p>1 - a distribution center or refining location has to shut down.&nbsp; Local, or regional or more prices can spike quite quickly.&nbsp; Of course, Irrelevant if there are enough stored supplies to cover any theoretical shortfalls.</p><p>2 - a potential storm in the gulf of mexico that could force oil platforms to shut down.&nbsp; Price spike even if the storm is far away, and ends up not even going close to the Gulf.&nbsp; A perceived threat in this case.</p><p>3 - global regional issues, such as say a problem in the middle east which could technically disrupt some global oil shipments can cause an immediate gasoline price spike.</p><p><br /></p><p>I review some stock info in a previous post, a couple pages back.</p><p><br /></p><p>now PMs are very similar though different.</p><p>For instance back in 2017 there was a threat of Mexico being blockaded tariff-wise.&nbsp; Mexico is the US&#039;s main supplier of mined silver.&nbsp; Thus silver spiked the equivalent potential tariff price.&nbsp; I don&#039;t believe it affected Gold much if at all.</p><p><br /></p><p>I had some equations for PMs, several correlated and uncorrelated algorthyms.&nbsp; crazy.</p><p><br /></p><p>Each day if you list out on a spreadsheet 3 things that affected +/- silver, or gold, a particular stock, the stock market itself, or anything else where price fluctuates, over time you can start seeing patterns on your spreadsheet.&nbsp; certain items can be regulars, which give a large, consistent price impact.&nbsp; others float in and out of the list with smaller impacts, or float in and out and have a large impact.</p><p><br /></p><p>you can create your own list of impacts.&nbsp; you&#039;ll learn a lot, and you&#039;ll learn to be more unbiased as your stack up impact items.</p><p><br /></p><p>So when prices rise, you can when it starts falling, know when to sell when you get 3 large impact items.</p><p>So if silver maxxes out at 50, you can feel good to sell slightly on the backside at 45-48.&nbsp; Or even sell before it maxxes out ... and if you&#039;re lucky at the very top when you get 3 large impact SELL items.</p><p><br /></p><p>Plus, what are you going to do if you sell early.&nbsp; be glad that you profited.&nbsp; You can&#039;t worry by doing something too soon or too late.&nbsp; Don&#039;t let &quot;emotions&quot; control you NOT selling when your impact items say sell or buy.&nbsp; As once it is sold or bought, then it&#039;s sold or bought .. what &#039;cha gonna do?</p><p><br /></p><p>I used to day trade (not a real day trader per IRS rules).&nbsp; You buy/sell in minutes, or hours or days on targeted price fluctuations.&nbsp; You learn to see impact items and react to them to cash out quickly or buy in quickly .. or wait.&nbsp; Buy/sell &amp; learn, and move on ...[/QUOTE]</p><p><br /></p>

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