Of course, I use Silver trading metal in my trading! Although I see, trading spread on silver trading instrument is relatively higher than general trading instruments! But my trading strategy always inspires me to use this volatile trading metal because of it’s outstanding success ratio here! Even, last night I got here 78 pips profit!
No, till now I use limited number of trading instruments, I mainly use major FX currencies since my trading strategy works on major instruments only! On the other hand, I am working on multiple trading strategies for using volatile trading instruments like Gold and silver! I seem, silver is not for the beginners!
the forecast of silver this year seems quite better than last year. (see https://www.funds-money.com/silver-2017/) the contributors for this status is that the mining cost of silver decline since 2012 up to present which made the miners encouraged by boosting the supply of this precious metal.
Penfold101 posted: Maybe you could take a super long term short on silver (i.e 50 years!) expecting a collapse in the price of silver once the Moon silver starts arriving! But it is a bit of a long shot
50 years per trade .... 😄 Imagine if the Stop Loss being triggered :) But it does not matter, will take another trade :)
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