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Silver Flying
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I bought 2 contracts at 287 about a month ago with the idea of holding them to closeout. My target was 350 for those 2. Ive been trading in and out from 295-315. I know 300 seems a long way off but ill reduce my specualtive portion by half. Keep the 2 with the year end target in mind. Ill then trail stop the balance of the spec position. My breakdown is 2 : goal 350 8 spec, sell half at 300 and trail the other half. Given the no of contracts I have you can see why yesterday was not the best day :) I have enough margin to cover more than half the position hence Im running WITHOUT a tight stop. I know its not a trading method that many approve of but Im still not broke after 6 years
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am i looking correctly that there's a 1.01% market maker spread on the SILV dec 11 contract?? that's massive...
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