In this video we discuss how what to expect at The Contrarian Trader. We guarantee that you will lose money on trades but still make money longer term assuming that you keep losses small by using a mental or static stop loss order and allow your winning stocks to run. It is all about patience and strategy. This week we discuss how the resource stocks such as energy, gold, gold mining stocks are did very well last week and appear poised for early stage breakouts. Gold in particular made intra week multi year highs last week before selling off. If the US Dollar continues to breakdown to new lows we are predicting $1,400 per ounce on gold by the end of 2018.
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