So I was following ASR advisory service but read one of the advice things wrong and lost 1300 in a demo account. So I started looking at how I could make it up,
I saw crude oil had dropped significantly over the last day or 2, so I thought I would buy long, lost another 1300,
So I was reading about how crude and gold would rise due to the 48min old news post about it rising after the report on US jobless data,
Sure enough I banged out +800 and bought another 10 gold, which went south -400, so I bought more -400 then looked at the chart and saw it dropped 3 or 4 big drops over the last hour so I thought whatever goes down must go back up, I read that gold was expected to trade at over 1800 at the end of the year,
I bought more, then to my surprise I won +5k
If this was real money I wouldn't of had the balls for this..
My question is, is this a strategy you would take? Or was it pure luck?