How to do silver trade.......?

Hi Experts,

I am very new and i dont know any thing about trade. i am looking to invest in silver.... so can any one help me step by step......? or give me the link where can i learn it.....

please do reply......

Hy

First read the thread in this forum : Teach a man how to fish from Sir Savant Garde.

There is also a PDF file to download. Read that and if you are finish with that, you post your next question here. But first read and then ask again !

DanPickUp

thanks Dan i have downloaded it and am on the way of it.......

one of my friend said to me to do silver business, here in chennai there is a big silver dealer i sell nearly one tone in a day. my friend asked me to go and buy some silver from him after the price get increase you just sell it to him.. by doing this you may get some handsome income, it seems great to hear.

so i thought to search some thing related to this silver business in net and i got here.

Hi, You can trade silver and gold in etoro itself, Just check etoro.com and this company is reliable since they have office in mumbai too.

Did not know about Etoro having office in mumbai , can you provide any reliable source for your information like address link, etc ?

you can trade the silver futures or gold futures. the leverage is high. for example
1point move is $5usd.

remember that move could also mean... 1point move is $ -5

easiest way to trade silver is... buy a brick of 1KG and sell in grams heheh Silver le loooo ... Silver le loooo

that is only if u walk into a pawnshop. the pawnshop is your silver exchange.

Trading silver is mostly the same as trading any other commodity on the futures market. All that is required is an account with a commodities brokerage, and some trading capital. You will definitely want to familiarize yourself with the market for silver so you know what factors affect the price.

1. Open a brokerage account with a futures brokerage. Each one will have requirements for how much capital you must have in your account.

2. Learn about the silver market. Silver differs from gold in that it has many industrial uses, and it is not seen purely as a store of value. Educate yourself about the particulars of the silver market so you know who the producers, recyclers and customers are.

3. Place trades. Once you feel you know enough to start risking money, it's time to get into the market. Most traders recommend sticking to your system, and never becoming emotional.