Shorting this silver rally from Ag=$16.54
Obviously shot that bullet too soon. Ah well this too shall pass but I miss the bigger opportunity.
I could grouch about missing the peak but I’ll take some profit and be glad for it. Sold a tranche at $16.24 that I bought at $16.54. 30 cents Ag movement is a good trade to me. So, not all in now.
Looking for Ag=$16.20 to sell another short tranche. If I don’t get that, may take a higher sell point by end of day as long as it pays.
Noting the creep upward this morning I have set my sell price lower to about $16.11.
One of two outcomes, price falls this aft in which case 16.20 should not be a barrier, or it goes up and I wait for the right price to get more short. If the 3rd thing, no clear direction, happens then I’ll sell a tranche as planned as long as it is enough in the black to make it a win.....and provided I can get free of meetings to make the changes hahaha.
price is $16.36 and rising right now, but it’s only 1 o’clock and it smells fishy.
Meh. Going to let the shorts ride after all. See what tomorrow brings.
Piled in on the short side at Ag=$16.65
I also went short today. I'm feeling it. We'll see...
Sold yesterday’s tranche at Ag = $16.33. Still have 2 short tranches in play.
WeaselTracker good to see you back in :)
Rebought that short at Ag = $16.58.
you get crushed trying to pick up pennies in front of a steamroller. Shorting silver here is idiotic.
Hey broker. Haven’t heard from you in a while.
That’s a mean thing to say.
You wanna sound like a player, huh? Well do you actually put your skin in the game or just execute trades for other people based on their instructions? Do you, player?
Just happened to log on for the first time in a good bit...
Broker22: Please don't come here acting like you have done at other places on this site. Wishing ill on others is not welcome here, and I doubt TF wants it anywhere on this site. If you have constructive things to add to the discussion, please do. Otherwise please refrain from commenting. Your history indicates you may not respond well to this request and that you may actually enjoy this type of posting...again, I'm requesting that you not spew negativity here and that you provide constructive information or comments instead.
I would ask other posters to not respond in a prolonged back and forth, use the block feature, don't feed an unmet need for attention. I have one person on that block list...the only reason I saw the post is HN's response which prompted my reading of the original comment...
I'm flat. Have been for a good while. Probably will be for a bit longer.
HN: Good luck. Get all the positive trading action you can.
go screw yourself. Thats an opinion and you dont have to like it.
just for your information there are always two sides to a trade. One will lose and one will win. If you have the other side of trade you are naturally hoping the other loses. Are you for real? How old are you? 20
Broker. That’s an interesting perspective.
Here’s mine. I don’t hope much. And I don’t get emotional. I realize that there is someone on the other side of the trade but they will receive either reward or loss based on the outcome of their own ability, not mine so their loss is not because I win it is because of their own call.
Also, depending how long it takes for the price to turn, you may be able to exit at a profit while I hold and exit later, also at a profit, in which case we both are right and both win.
So, yeah, we don’t have that trash talk between us and I don’t have to call you an idiot to increase my self confidence. Good Luck.
Exited a short tranche at Ag=$16.35. Still have two more.
brokerk22 wrote: I hope you get crushed trying to pick up pennies in front of a steamroller. Shorting silver here is idiotic.
I hope you get crushed trying to pick up pennies in front of a steamroller. Shorting silver here is idiotic.
It is good to be in front of the steamroller, picking up pennies, when the steamroller is backing up! Beep beep beep. All the way to the bank.
Broker22, you may hold that long, and in the right day, exit for a profit. Good Luck, but skip the trash talk, we are not market makers so the psych game has no place.
I was all set to short on the up spike but it didn’t quite go high enough, I wanted to see $16.58 again. The chart now looks like price will move higher at some point tomorrow, and I’ll look to short then.
Range has been too narrow to make any more trades. If pennants are your thing you can look at months, weeks, years. Sitting on 2/3 short.
Finally some movement. Short at Ag = $16.70