Shorting Palladium

[Overnight]

I am short PA H/M. Less risk but the movements can be drastic on the rolls. I almost puked on the last spike, but it looks fine now.

If I had known folks around here were trading PA, I would have posted this. Came down the wire yesterday on margin increase. Sorry.

https://www.cmegroup.com/content/dam/cmegroup/notices/clearing/2020/01/Chadv20-026.pdf

 

[schizo]

Is there any other way to short Palladium other than futures?
It doesn't seem I can buy put options on PALL ETF?

If not, what brokerage has the lowest initial/maintenance margin to trade palladium futures?

Thank God, you didn't short PA...or did you??!!!

From the date this thread was created, PA rallied up a whopping 27.5%

 

[easymon1]

short PA...or did you

that trade should be fine, no?

 

[schizo]

View attachment 217623
that trade should be fine, no?

Oh, so he's created this thread on December 21st to ask how he can short PA and decides to wait until January 22nd to enter short. Why, that's brilliant!

 

[easymon1]

wait until

hellifiknow.
Learnt me a coupla things tho.
https://www.skeptic.com/

 

[heavenskrow]

Quick update: I don't like how it wasn't able to take out 2290 on the daily timeframe. Moved my buystop to 2354.
Counter trend trades have a very small margin of success vs buying on dips...
Game planning a possible move to 2466 re-short attempt if we cannot get a close below 2290 on the daily next few days.

 

[easymon1]

 

[schizo]

Damn, this baby is tanking in earnest!

Already down 2.5%

 

[heavenskrow]

Moving great so far, staying disciplined and keeping focused on managing the trade. It's made a LL on 4 hour time frame which is great news.

 

[easymon1]

great news