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Anyone daytrading Gold Stocks ?
- Thread starter SethArb
- Start date
you don't need to daytrade the gold stocks, they are in a bull market. Just buy the retracements.
drooy is fun to flip around too
Traded 10K shares of little HL the other day for 6 cents. LOL
Seems like on the days they are moving there is almost always an opportuntiy because the 3-4 well known one's take off and then there is a delayed effect as the 2nd and 3rd tier one's follow.
How do you guys follow the actual spot price though? I have to click on kitco.com and just rely on HUI.X. LOL.
Seems like on the days they are moving there is almost always an opportuntiy because the 3-4 well known one's take off and then there is a delayed effect as the 2nd and 3rd tier one's follow.
How do you guys follow the actual spot price though? I have to click on kitco.com and just rely on HUI.X. LOL.
I don't think its absolutely necessary to follow spot gold if you only play the stocks, XAU and HUI are good enough.
Avalanche,
Go here for spot POG:
http://www.forex-markets.com/quotes.htm
and here for the chart:
http://www.netdania.com/ChartApplet.asp?symbol=XAUUSDOCOMPx|tenfore
Hope this helps.
Go here for spot POG:
http://www.forex-markets.com/quotes.htm
and here for the chart:
http://www.netdania.com/ChartApplet.asp?symbol=XAUUSDOCOMPx|tenfore
Hope this helps.
check out BGO as a low priced volatile stock with plenty of liquidity.