In the futures market, a $1 negative move = -$5,000 per contract. Basically wiping out your margin. I'd consider that a pretty big move. Just shows how big of a noob you are in commodities.
Oh so you shorted at the daily high and covered by the daily low? I thought you were scalping in & out? Only $5,000 balance margin in commodity trading? Now that's truly piker. So are you accomplishing all these trades you post a few min after the move on your simulator account? You up to a bil sim dollars yet? LOL! A 3% move in Silver is not significant anymore and has not been for a year(s). 10%, which happens every 1-2 month in silver, now that is a sell off. You're quite sad, yet strangely entertaining.
When I mean sell off I mean an intra-day sell off, and obviously a $1.00 move will heavily impact a trading account that trades on margin. Also a $3.00 move would take out $18,000 per contract out of your account. Dude stop hiding behind your annoying facade, and just admit it. The markets sold off like a brick.
Oh, and by the way ET requires you to wait additional time before adding posts to to it. Just a reminder. Also a 10% sell off tends to happen over a scope of a couple days, not in the scope of 1-5 hours. In other words this could be the beginning stages of a major sell off, that's all I am trying to point out.
Putting aside that you were a known paper trader from your first set of posts, I will just focus on that point. Silver has had stronger intraday sell-offs on a regular monthly basis. So you are speaking pure nonsense and only continue to exhibit that you are a clueless newbie. There is absolutely nothing about today that screams major sell-off. If anything, a day like this and maybe a few more are to be expected, as silver needs to pull back. In fact, a 10% retraction is due, and I hope it happens sooner rather than later due to my upcoming purchase. You're trying too hard to short. Why don't you first try funding a real account.