A trade posted in the chat room at 1:52 p.m. was showing a $182 gain at the bell, with 75% of it exited. Its purpose was twofold: 1) to provide a low-risk, low-cost ‘starter’ position in a popular gold vehicle; and 2) to show the many subscribers who have recently signed on how they can profit and have fun doing it by tuning to the chat room. On both counts, this gambit was a success, since GDX took off toward the end of the session.  Here’s the recommendation that went out initially. Judge for yourself whether you could have done it:  “If [the stock] has gone no lower than 32.82, buy-stop [yourself into] 400 shares at 33.02. Place a stop-loss on all of it at 32.81, worked against an o-c-o order to exit 200 shares at 33.20. This will be a ‘starter’ long position.” Many subscribers reported doing the trade as directed. Looking ahead, we’ll shoot for the fences — in this case a ‘D’ target at 38.01 (30-min, A=29.55 on 4/21).  Stay tuned for possible adjustments, however, since we may do a covered write with call options if and when GDX hits the first significant resistance enroute to the target, a midpoint Hidden Pivot at 35.42. That will be my minimum upside objective if the stock closes above x=34.12 for two consecutive days. If you’d rather take the money and run, by all means do so at will. Rest assured, there will be other similar opportunities down the road. _______ UPDATE (Apr 30, 12:40 p.m. EDT): My bad, since I drifted off to sleep last night intending to put a stop-loss on the position. This morning was so hectic that I barely gave GDX a thought. Exit now, around 32.58, since the stock has stopped being fun for the time being.  We can re-enter at will, but realize that, once I have gotten you into a profitable position, you will always have discretion to do with it as you please. The profit on this one, assuming a 32.58 exit, would be around $30. Lunch money. We can look forward to the next time, but with the recognition that catching a durable low in this little sonofabitch is going to be a pretty good trick.