This is defo a make or break me trade this one !

Discussion in 'Silver' started by the optimist, Apr 21, 2014.

  1. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Oh dear.....
     
  2. goldpelican

    goldpelican Administrator Staff Member

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    Ouch, hope that profit was taken.
     
  3. the optimist

    the optimist New Member

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    No it's still bouncing along, currently +4000 up, but I'm still hoping for big things in the next few weeks, I believe everything is in place for a mighty spike
     
  4. a1nipper

    a1nipper New Member

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    That explains why you're The Optimist
     
  5. 2003dve

    2003dve New Member

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    As he asks delicately through clenched teeth and sharp intake of breath.....errr,

    How's it going Optimist, hope that spike down to 18.xx just now didn't wipe you out?....
     
  6. Altima

    Altima Well-Known Member Silver Stacker

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    SO any updates?
     
  7. jjrici

    jjrici New Member

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    Number 1 rule of traders:
    Take part profits when they come, this is not a secular bull market whereby one lets their profits run.
     
  8. the optimist

    the optimist New Member

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    Was +9000 up and then in the blink of an eye -10000 down,

    if you don't laugh you'll cry, right about now I can think of a million other things I could have put my money into :/
     
  9. Pirocco

    Pirocco Well-Known Member

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    See it from the bright side, there is now somebody else that can put that money into that million other things.
    Somebody out there is now running to his wife with 5 vacation-on-hawaii tickets! :D
     
  10. the optimist

    the optimist New Member

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    Oh don't worry I've not lost yet it's still open just at a loss, I've got just over 50.000 in the account so unless it's Armageddon I'm not gona get a margin call as the silver spot price would have to drop to below $10 for that to happen,

    Can't say I'm happy but it's just a case of weathering out the storm now, as if the wife finds out the 5hit will defo hit the fan !
     
  11. the optimist

    the optimist New Member

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    I'm not gona lie that spike came as a bit of a relief, closed out half my spread then !
     
  12. chrissilver

    chrissilver Member Silver Stacker

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    I just joined you on this one. 20 per point stake. stop loss 200 points. So maximum I will loose is 4k

    Looking at a initial target of $20
     
  13. the optimist

    the optimist New Member

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    It's looking right I might be right on this one, if the $hit hits the fan with this London fix I could clean up big time here !!!!! Fingers crossed wish me luck as I'm gona ride this to the end
     
  14. swoydaz

    swoydaz Well-Known Member Silver Stacker

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    Just wondering. Is anyone good at finding charts and copying them here?

    If so, can someone locate and paste the following charts?

    1. Dow Jones vs Gold and Silver for 6 months either side of the "GFC".

    2. Dow Jones vs Gold and Silver for 6 months either side of the "Asian Financial Crisis".

    3. Dow Jones vs Gold and Silver for 6 months either side of "The Great Depression".

    Does anyone know when the US currency or the Pound last collapsed?

    If so could you do the same as above, ployz?
     

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