This isn't low risk and it's very possible you have a large amount of capital tied up for years in order to make a few pennies. Also, how is your broker gong to treat the margin on your position if FAZ moves a large amount against you? Are you going to be delta neutral the whole time? That's...
Obviously off topic but you don't need the floor based quotes for NQ you want to get the electronic ones which are cheap. I don't even remember they might be at most $5.00. That won't just get you quotes for NQ it will get you plenty of other markets as well.
The trend is down. You also have the fact that sellers seem unable to force gdx under the 23 level and haven't been able too for three weeks. I'm bullish for reasons other than price action but if I were only trading price I would be neutral.
I guess that's what makes markets.
Lawl.
How's that 25% gap down on your nut trade doing? This has got to be bad for business. If this is PLO someone must have been freerolling your nut hand. Nice job getting it in bad and shipping it to someone else.
OP, look at it this way. If you wanted to be a golfer and I gave you Tiger Wood's swing and sent you out to play some golf you wouldn't shoot anywhere close to the scores Tiger can shoot. Why? Because there are so many things you just have to be able to experience in order to perform at a...
This happened to a guy I know that was spreading cattle. He was a worth probably 5 million and lost about 1 million on the trade and owed around another million.
He didn't end up having to pay because there was broker error. I bet he spent at least 50-100k in lawyer's fees.
What historical patterns? So you are making a bet on the stock market improving?
Personally it looks to me like you are doubling down in the middle of a consolidation pattern. If you are using the miners as a synthetic gold short that isn't the smartest thing to do imo. Look at the way they...
I used to not believe the stories but I truly think that the fed doesn't have the gold it is claiming to hold, or at least it's lent a large part of it out. It's so strange that they are dragging their feet on repatriating the Germans gold. It makes zero sense if they had it they would be able...
Anyone associated with the physical gold market realizes that there is an extreme supply squeeze going on right now. Almost all mints are having trouble meeting demand.
It's all flowing to Asia. I don't know when gold is going to pop but when it does it is going to be a frenzy.
Actually, priced in fiat, it's quite the opposite. There is an inevitability of all fiat currencies declining to zero.
The time frame is debatable but the dollar will be worthless long before gold.