DIPS ARE MADE FOR BUYING...
Silver has redeemed itself in the last month with the GOLD /SILVER chart being the biggest clue to hop on board for the easiest trade of the year apart from LEND/BTC ERD/BTC and others ...:)
this should continue its grind up and make a new ATH , keep in mind if GOLD is already in price discovery what would silver have to do to keep the historical GOLD/SILVER ratio in check ??
Silver being relatively expensive to hold as a contract than gold is usually neglected but as always due to its stellar performance last month we shall see more people interested in it.
Long term just a matter of time we cross $48 and go into price discovery ... my advice use low leverage and big position size , 1 good entry and you can let it run for a long time !
Had a trade go really bad in silver a few years ago thought i was smart and hedged it but closed my short too early and went all into a long ..
bad decision which scarred me for a while and was averse to hedging trades for a long time .
Looking back it was emotion which caused me to mess up and cling on to hopium , fast forward 3 years later its given my losses back hence the redemption :)
this should continue its grind up and make a new ATH , keep in mind if GOLD is already in price discovery what would silver have to do to keep the historical GOLD/SILVER ratio in check ??
Silver being relatively expensive to hold as a contract than gold is usually neglected but as always due to its stellar performance last month we shall see more people interested in it.
Long term just a matter of time we cross $48 and go into price discovery ... my advice use low leverage and big position size , 1 good entry and you can let it run for a long time !
Had a trade go really bad in silver a few years ago thought i was smart and hedged it but closed my short too early and went all into a long ..
bad decision which scarred me for a while and was averse to hedging trades for a long time .
Looking back it was emotion which caused me to mess up and cling on to hopium , fast forward 3 years later its given my losses back hence the redemption :)
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.