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Bluebelle - Mon, 19 Dec 05 :

Hectorp

The reason I don't sb gold, is that every now and then the market is spiked down to shake out small guys and, as you point out, unless your stop is set at a very low level (in which case why bother to have one !) you'll get taken out and see the price back way above your stop, sometimes even the next day. I accept market uncertainty as an everyday fact of life, and that ,for example, market makers are looking after their own interests and not mine, but when things are rigged against you to that extent I think the best thing is to pick your ball up and see if you can find a level playing field, rather than one on the side of a steep hill !


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