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Owned by John

PainlessTrader

382 members • $12/year

I've been trading for twenty years, I'll share my experience.

Memberships

60 contributions to PainlessTrader
Silver update David Morgan
https://youtu.be/xzNFs4LRjFA?si=DYeAlLCVwcfZD4Mz
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Cliff High Silver Prediction from 10 years ago
ok have fun with this - I used to follow this guy years ago and subscribed to his Alta reports, I don't think he still does the alta reports. He was the first one to my memeory who was talking about the SIlver trade before it started. The fundamentals for Silver in my view are solid. Whether we get to 600 or not is any bodies guess. My reserach shows that 250 to 300 Silver is easily achieveable as industrial demand won;t be curtailed untill we hit those levels. https://youtu.be/ZSUXMo6p8NE?si=ybkOdLErpGio3vAK
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Rare earth metals
Are there any certain stocks someone likes or dislikes? And why?
0 likes • 19d
And my account is actually basically flat right now. However gold and silver is still a strong overall trend to the upside which isn't likely to change anytime soon so that makes mining stocks a good place to be looking for bullish trades. A few weeks ago I posted a video talking about how I believe that the top is in for Bitcoin and that mstr would be a great short and that timing turned out to be fabulous. Usually when I post a video about the trade that I see upcoming I will also send out an email notification to everybody so pay attention to those if you see me put something up.
0 likes • 7d
Sumitomo Metals and mining looks interesting. SMMYY
GLD anf SLV
It's highly likely the bottom is in here, I have been away from trading for a while, I'm a dat lat on this bottom call, but GLD looks like 360 is solid and 42 should hold for silver... We'll see..
GLD anf SLV
0 likes • 19d
Well the thing supporting gold and silver is the US federal government continued money printing. Sometimes it gets hard to hold conviction from short-term pullbacks to the overall long-term trend. 10 years from now gold is going to be worth more in US Dollars than it is currently unless they reset the currency. And of course this is true with silver as well.
0 likes • 16d
Silver is under valued till around 150 an ounce. unlike Gold, silver actually gets used, it is an industrial metal, current consumption is greater than mine capacity, as the price goes up monetary silver gets turned into industrial silver so the stock pile is slowing. The fundametals for silver are good.
Introduction
I’m really glad to be here in this community and I’m happy to learn and study here
1 like • 19d
If you're relatively new to trading and just need a massive brain dump then go back and watch the videos that I have posted with me talking about charts. The best way to learn how the markets are manipulated is to just spend a lot of time looking at the charts and I have videos going back both here and on my YouTube channel for probably 10 years now.
0 likes • 18d
@Tree Theresa I gave you access to the course videos. So feel free to go through those. I used to sell that course on Udemy but discontinued it there
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John Plough
3
27points to level up
@john-plough-5717
The original PainlessTrader , yes there are fakes... Not a "Day Trading Group" - Prefer a few weeks to months positions. Wykoff / Livermore Style.

Active 4h ago
Joined Aug 10, 2024
INTJ