[dpaterso]

Hello,

See attached chart of Spot Gold for a few VERY GOOD reasons to use stops!!!

I have to say that since reading Larry Williams' book I am quite happy now to take some small (even consistent small) losses 'on the road to riches' and am therefore FINALLY using stops AND NOT MOVING THEM OR SECOND GUESSING THEM (so none of these moves cost me anything material).

I'm not quite sure what is causing these TOTALLY VIOLENT moves (month end, Options expiry, who knows). Just 'be careful out there'!!!

Regards,

Dale.

(FINALLY: I managed to attach the chart)!!!