A subscriber to The Macro Show recently noticed Keith McCullough was buying gold. That’s actually nothing new – nor is Keith’s process for buying and selling.
“I’ve been buying gold since November,” explains Hedgeye’s Risk Manager In Chief. “Buying more gold on down days is exactly what you want to do.”
This approach applies to any trading decision. It’s all about buying at the low end of the risk range and selling at the top end. Since Keith started buying gold, the low end of the risk range has risen from 1,803 to 1,907.
Watch the full clip above.