After Hours Mini-Gold

chrisjs87 · Mar 12, 2010

Quote from Rod Shaft:

quit wasting your time with mini-gold and trade GC, it's much better

Can't afford it, lol.

increasenow · Mar 12, 2010

Quote from chrisjs87:

+7.2 today so far

Almost perfect short entry at 8 this morning. my exit on this trade will probably prove to have been too conservative though.

awesome!...I've made +3.7 so far today trading the mini-Gold...

chrisjs87 · Mar 12, 2010

And sure enough... a 7.2 day could have been a 16 point day if only my balls would drop.

How you looking increasenow?

SomeYoungGuy · Mar 12, 2010

Mini-gold seems a little thin and choppy. Do you watch GC for movement, then pop in an order over on minigold?

chrisjs87 · Mar 12, 2010

Well obviously it's a little thinner than GC, but I dont think it's significantly more choppy. And watching for movement on GC is really a waste of time (at least for me)... The difference is negligible at best.

increasenow · Mar 12, 2010

+8.7 points trading mini-Gold this week. Of course, was drowned out by the other losses (sugar, soybeans). I think I found my 'focus' contract...very interesting.

Wondering right now on Friday afternoon where I would be by next Friday afternoon if I look at nothing but Gold charts this weekend and traded nothing but Gold futures next week...massive focus.

Interesting...honestly, would have never thought Gold could be it...much less 'mini-Gold' for now. Of course with the view to scale up to 2-3 at most mini-Gold contracts and then just trade the large Comex Gold...very interesting

Coolio · Apr 2, 2010

Quote from chrisjs87:

Can't afford it, lol.

Same here, mini gold is good to cut your teeth with, preserve your capital, expose weaknesses, see if you can integrate trading with your life, confirm strategies developed in paper trading.

I watch/ chart /GC but will continue to trade the mini. If I can't make any money then there no sense in messing around with /GC. If I can make a little with /YG mini then /GC will be even better with the higher leverage/ better fills all at the same commission level (for me).

Its walking before you dare run.

increasenow · Apr 2, 2010

Quote from Coolio:

Same here, mini gold is good to cut your teeth with, preserve your capital, expose weaknesses, see if you can integrate trading with your life, confirm strategies developed in paper trading.

I watch/ chart /GC but will continue to trade the mini. If I can't make any money then there no sense in messing around with /GC. If I can make a little with /YG mini then /GC will be even better with the higher leverage/ better fills all at the same commission level (for me).

Its walking before you dare run.

good point...spot on

increasenow · May 13, 2010

back trading this?...anyone else?