Friday, July 10, 2020

SPDR Gold Shares ETF - Hedge Against Stock Falls

SGX SPDR Gold Shares ETF is a must buy as it helps you to hedge against any stocks falls.   GOLD had an INVERSE relation with stock price, so a must have in your fund alliocation.   As GOLD price does not seem to come down much, better to do MONTHLY TIME diversification.

https://www.businesstimes.com.sg/companies-markets/amid-bullion-rally-gold-etf-most-active-on-sgx-in-first-half-of-year



Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

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