Recent content by SymTrader

This number 2336 or there abouts (2200 to 2500) is an important target. It was the first "outrageous" target to be set as gold was making its ascent in the middle part of the last decade. Just as silver hit 50 again, I believe gold will get into this range before we see the first correction on...

General trading experience is always necessary to succeed. The more the better, as we all know. However, when we talk about success in a specific market, I suspect there is an inverse relationship between length of experience in that market and length of time frame being traded. For example, if...

Like the guy says in Avatar just before he gets on the big red bird--"At some point in your life you've got to do something insane" (or something like that). I'm still waiting for my "Avatar Trade".

If you want a small a contract which would allow you greater flexibility in scaling in and out, look at the Nikkei 225 mini from the Osaka exchange. IB's brokerage at 80 yen per roundturn is very attractive beating the SGX's contract. The Osaka mini has great liquidity.

Maverick74, you could be an extreme scalper, day trader or even multi-day swing trader, in which case I can understand your aversion towards anything other than the charts. In fact, I never watch the news when trading in these time frames. The point I was trying to make is that, I believe...

"Trade what you see, not what you think", if you can do it consistently, will make you a lot of money I am sure. However, I think some trades, specifically longer trades (several months or years), will require some degree of "commitment" to the trade idea for you to not be shaken out. And this...

Thanks for all the feedback. My bet on silver going to 50 is really predicated on my bullish view on gold. I have held positions in gold since 07, first only GLD and now only two junior gold miners. The smaller of the gold miner positions, which I put on about 8 months ago has done well...

What’s the best options trade if you believe silver is going to $50 and gold to 2000+ before the end of this year? Assuming you are willing to risk say 20K and want the most bang for your buck, what ‘s the best strategy? From a guy who has only ever held outright put or call positions.

Property prices in Asia, including Australia, are also way too high and will likely collapse. But when? Throughout Asia, there are lots of people with money to invest. They are uncomfortable holding case because they see the competitive devaluation going on and they worry about eventual...

Sounds like really good advice. Thank you. Eventually I guess its gonna boil down to the discipline to stick with the measures taken to prevent it from ever happening again.