pls guide me day trading in silver mini

#1
all my friends pls shere some idia to trade in silver mini m trading in last 3years only on this como i also follow the open intrest,volume,value price. pls give some idia to intrady trading in silver mini wth profit
 
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#3
my capital is 25000rs and i m take position when its make openig high then i am sell and when its opening low then i buy. i i trade only 100 points in silver mini. some time ,m very fedup this game i dont have write statrgy. and i m totly depend on this commodity this also my buisnes pls give me a best stratgy to trade silver mini.
 

findvikas

Well-Known Member
#6
Ok... let me take it straight... you are not trading Silver but you are betting blindly on it... if it opened low does not mean it can go even lower... and if it opened higher no one can stop it from going even higher.

The major driver for Gold/Silver is the USD and its value... I never traded in Mini Silver so not sure if that is like Futures.. I believe that is. I trade silver in Spot Market so I can talk about that.

Silver is looking for a big correction in coming days or even months.. so watch out for a mid term trade and add some far month positions in the short side. Silver is one of the most rapid mover and it can burn your hands if you are on wrong side.


A quick example of what I meant and see what might have happened if you were on wrong side...

 
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