If you were going to short Silver, would you do it now (if not already broke) ?

Quote from increasenow:

Wow $500 for a .10 cent move...wowsers
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I think that is probably why they keep raising the minimum maintenance requirement. I am sure 5% of people were blowing up every 15 minutes.
 
SI (silver) .10 (ten cents) equals 500.00 usd

GC (gold) 5.00 (five dollars) equals 500.00 usd

CL (oil) .50 (fifty cents) equals 500.00
 
Quote from ddlee:

SI (silver) .10 (ten cents) equals 500.00 usd

GC (gold) 5.00 (five dollars) equals 500.00 usd

CL (oil) .50 (fifty cents) equals 500.00
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exactly and thanks...seems to me that SI is the most risky to daytrade as a .10 move in SI happens much quicker (and often) than a 5.00 move in GC or .50 move for the CL...agree?
 
I actually spread 2 Gold futures versus 1 Silver future on the Comex - lots of juice, a bit better behaved IMO than the flat price futures. Legging them is an adventure.
 
Quote from bone:

I actually spread 2 Gold futures versus 1 Silver future on the Comex - lots of juice, a bit better behaved IMO than the flat price futures. Legging them is an adventure.
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thanks Bone...you would agree with this then...correct?...

"seems to me that SI is the most risky to daytrade as a .10 move in SI happens much quicker (and often) than a 5.00 move in GC or .50 move for the CL...agree?"
 
Oh hell yes I would agree with that.

Copper is a really wild one as well. Seems like Gold is the gentle pussycat of the three.

I have clients spreading between all of the LME and Comex metals complex. Getting LME access can be a bitch, but the clients doing it are printing money. Lots of commercial order flow and not too many independents compared to other markets IMO.

Electronic market access to all of these different markets simultaneously just really takes spread trading to another level altogether. Things are just better than ever for us.
 
Quote from Algo_Design_Kid:

I would say it is Joe Six Pack who is buying Silver. Physical Silver and not the ETF.

In the beginning of this thread I said whomever bought was much smarter than I. IMO, which is contrary to yours, I am thinking that most of this is fueled by square participation.
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Thats why trading is difficult because its so so difficult to do the simple thing. Just like some masters of the universe who have been shorting stock indices because they think they are smarter.
 

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I refrain from shorting things when they have been strong. Silver is no exception.

I'll happily play the short side once it sells off and makes new 10 or 20 week lows.
 
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