Platinum or Palladium Traders ? ?

T

Torontoymtrader

Are there any platinum or palladium traders here ?
I tend to be a short term or a mid-term trader and wondering how liquid their trading is ? Volume ? Daily range ? Daytradeable ?
Comments welcome.
 
I took a position in June Palladium last week @ 364.45 on COMEX. The PGMs are not nearly as liquid as GC/SI and the spreads are much further out. After the pit session closes, the spreads are even worse. I only take positions in PA/PL when the risk/reward ratio is worthwhile. From a daytrading standpoint, I think you would get tighter spreads and fills using the gold/silver contracts instead.
 
I trade gold silv plat and pall
they are illiquid but of course returns can be very impressive
look for PT to be lower in coming weeks

JM PT report due next week (Tues) which will give details of supply demand in coming year
 
I already got out of PAM7 with a $20 gain about a week after I got long. I don't normally play the PGMs but the setup was there on Palladium so I took it...
 
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