source was my broker's news board.... If they run an exchange, hire more staff to handle it... enter a market order for an option? say what?
Ivano.... consider some on-line simulated trading sites...that will enable you to trade to see how good you are with fictional money.... futures is a tough game and many small fortunes are made from large ones........... money management and discipline are key...without those 2, you will likely be toast
amazing ... margins increased again this week in silver and copper ... plus gold margin was raised and still the shorts covered like crazy KAT www.nymex.com âThe New York Mercantile Exchange, Inc. today announced margin changes for its gold, silver, and copper futures contracts, beginning at the close of business on Friday. - -Margins for the gold futures contract will increase to $3,038 from $2,363 for customers. - -Margins for the silver futures contract will increase to $6,075 from $5,063 for customers. - -Margins for the copper futures contract will to $5,400 from $5,063 for customers.-
Appreciate the advice. I'm new to futures, but not to trading. I've been trading a long time, and in the spot forex market for several years now. I could take a demo account with futures, but I know what that's like in fx - useless. Trading fictional money is always without emotion, and therefore quite easy. I'm starting small, and just listening and reading. That's how I did it with FX, too. I don't believe anything I read, but rather put everything together for a general viewpoint that I subscribe to. And I place my stops every time.
central banks have 15 - 30 thousand tons of gold (they really wont disclose the amount other than bullion and "derivatives")...and they get to print money..so they really control price.. silver is a more technical market IMO....but prone to spikes and endless shortage talk....... both have OTC markets and most price discovery never sees print and no telling what happens there... so it's a crap shoot at best
when is this goddam EtF scheduled to launch anyway? Shouldn't they announce a date ? This secrecy is ridiculous, and if this ETF was really going to corner the market and drive price artificially high it should never have been approved. It proves to me that the SEC is in bed with the financial industry. Now they are keeping the offering info for a few insiders...
there has been a trickle of new comments on the ETF in the last week ... but still no "set date" announced to the financial media or press release
not sure why you'd want the etf since Barclay's scrapes off a percentage to run the thing.... not bad vig. if they can get it................
sheesh ... now gold overnight is showing some of those huge spreads ... saw one for $1.50 in the last hour ...
spot silver is over $13, but i notice handy and harman spot silver hasn't published a price since the 18th looks like a bargain, esp if they keep cashing in their margin card. eventually there will be nowhere to go. who is the insovent dealer anyway that deserves all this anti free market special attention? time to name them