Registered: Aug 2010
Posts: 811

just be careful trading a commodity stock by looking at the actual commodity and/or currency.

for example, one time (not at band camp sorry) i was long gdx calls and i saw the dollar going up and thought it was going to be bad for gold so i sold out of the calls for a small gain (around 15%) only to watch gdx AND gold itself continue to go up for the rest of the day. the bottom line is to just watch what you're trading b/c relationships b/w two variables can and do break down all the time.

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