My impact on the silver spot price

T

the optimist

New Member
Whatever I think is going to happen it seems the exact opposite happens.

If i buy the price go's down, I sell it go's up.

If I spread bet long it tanks, so I go short it spikes, so I go long again ect,ect,ect,

I'm convinced the silver spot prices are linked and intertwined to my purchase's,

either that or I'm the worst trader in recorded history !

(thing is I'm past worrying now, it's actually quite funny)
 
bloomst said:
You do realise it is 50% chance going up or down...
Click to expand...

As all the PM gurus, trend forecasters or so called experts state " silver & gold has a 5000 year history of holding its value " so you'd have thought more than a 50% chance of going up ?
 
so not so much of an optimist now :)

the same principle applies if I have a bet - hence, I am no gambler as I jinx the horse!
 
I know what your problem is Optimist and I have the solution for you.
It's the 'optimist' handle you're using.
Change the name to 'the pessimist' and all our worries will be over.
Classic case of reverse psychology applied to the schizophrenia of silver stacking.
Trust me, I'm a silver market expert and this advice is based on years of experience and constant issuance of inaccurate forecasts.

*Twilight zone theme fades in now*
 
the optimist said:
Next time I make a move I'll let you all know so you can the the exact opposite and make your self a killing ;)
Click to expand...

You are giving yourself too much credit. The harder Sammy pumps silver the worse it seems to do. :lol:
 
I experienced the same thing when first trading forex. I would buy in the short term lows and sell in the highs with the assumption that the market will correct. I bagged some but failed most of my trades this way. Now I assess the trends in more detail and only do conditional entries. Conditional entries adds an 'IF' statement to your entry and removes some doubt on your prediction. My success rate is still around 50% but my limit exit is 3 fold my stop exit so I am still making money. That's my strategy in a nutshell and I am making money from it.

This post is under the assumption that you're talking about silver spot derivatives and not physical silver. If you are talking about physical silver holdings, just buy on the long term down trends and sell or hold on the upwards long terms trends.

BiGs
 
well it was a goodie ...

[youtube]http://www.youtube.com/watch?v=zfkKkvWEPMo[/youtube]
 
Silver does seem to go in the opposite direction when we make a big buy or sell.So if you like silver just buy and hold on.The present silver price condition seems to be going sideways at the moment,but the pendulum swings from one side to the other.More important is to select an exit strategy.At what price will you want to be a seller?Wait for it and then execute when the time comes.
 
Yes, single handed I managed to force it from $33 to $20 including a 10% drop in one night.

Not bad hey!
 
BiGs said:
I experienced the same thing when first trading forex. I would buy in the short term lows and sell in the highs with the assumption that the market will correct. I bagged some but failed most of my trades this way. Now I assess the trends in more detail and only do conditional entries. Conditional entries adds an 'IF' statement to your entry and removes some doubt on your prediction. My success rate is still around 50% but my limit exit is 3 fold my stop exit so I am still making money. That's my strategy in a nutshell and I am making money from it.

This post is under the assumption that you're talking about silver spot derivatives and not physical silver. If you are talking about physical silver holdings, just buy on the long term down trends and sell or hold on the upwards long terms trends.

BiGs
Click to expand...

Perfect example only hours after I posted this. Conditional orders ftw.

[imgz=http://forums.silverstackers.com/uploads/12623_condorders.png]
12623_condorders.png
[/imgz]
 
I share your experience - check the daily charts and you will see exactly when I bought, just before the dips.
Trouble is the trend downwards means I cannot afford to sell so I am waiting for the tide to turn.
This might be a long wait but at least I don't have to sell.
Very frustrating though to see the lower prices. It is very tempting to lower the average cost by buying more; the dips keep happening. I have many times recently entered an order then stopped at the very last click, not ordering. Guess this is what alcoholics go through at AA ?
 
Photonaware said:
I share your experience - check the daily charts and you will see exactly when I bought, just before the dips.
Trouble is the trend downwards means I cannot afford to sell so I am waiting for the tide to turn.
This might be a long wait but at least I don't have to sell.
Very frustrating though to see the lower prices. It is very tempting to lower the average cost by buying more; the dips keep happening. I have many times recently entered an order then stopped at the very last click, not ordering. Guess this is what alcoholics go through at AA ?
Click to expand...
Haha I too have done this many a time. Its just so darn tempting. :lol:
 
Im like the silver soothsayer, the Pm gypsy, the future gazer, eye into tomorrow.
Since Jan 2013 I have been buying in all (well most of) the dips. The problem is it just keeps dipping. lel.
 
finicky said:
well it was a goodie ...

[youtube]http://www.youtube.com/watch?v=zfkKkvWEPMo[/youtube]
Click to expand...

What's with this discrimination against short, bespectacled, tubby, bald men? We 5x5x5 wogs deserve equality!
 
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