drbubb Posted April 17, 2013 Report Share Posted April 17, 2013 "My main motivation for hedging [trading the volatility] was to maintain an equanimity in an uncertain and volatile market. Feel a bit surprised at the recent move, but not stressed" That's a good place to be ("unstressed") in a time like this Link to comment Share on other sites More sharing options...
romans holiday Posted April 22, 2013 Author Report Share Posted April 22, 2013 Well, sold my camper. Am sorely tempted to 'double up' and put the funds into AGQ. Must try to refrain. Link to comment Share on other sites More sharing options...
drbubb Posted April 28, 2013 Report Share Posted April 28, 2013 buy some bull spreads maybe - if SLV touches the 360/365wk ma Link to comment Share on other sites More sharing options...
emel Posted May 5, 2013 Report Share Posted May 5, 2013 While the S&P is up 14% ytd, I've started to see larger intraday swings in volatility, especially over the last few weeks. I've continued trading UVXY to try and take advantage of this, with the last 2 weeks working out well for me. I closed out one large trade with a modest loss, but have since had better success by increasing trading frequency. I'm still looking for an entry point, where I feel totally comfortable lettings things ride. With the markets jumping on Friday, UVXY has now shifted lower still - 6.08. I still see a potential spike in UVXY and as we get further info May, the markets will top out and the VIX will shoot up again. Still, I understand this is contrarian, and the latest US jobs data did look improved, but I fail to see how current market levels can be sustained. Also, I'm looking at AGQ once more, and will start building a position in this again. Link to comment Share on other sites More sharing options...
drbubb Posted May 6, 2013 Report Share Posted May 6, 2013 AGQ: Do you think we will avoid the retest of the Lows? Link to comment Share on other sites More sharing options...
jerpy Posted June 8, 2013 Report Share Posted June 8, 2013 As for LSIL ok doubt we will go back to 08/09 slide lows, but I'm waiting with funds to see a turn. THEN AGAIN. LSIL hits 18.5 at close R.H you picked up on the stories floating around about France banning postal deliveries of bullion cars or bars? Link to comment Share on other sites More sharing options...
jerpy Posted June 20, 2013 Report Share Posted June 20, 2013 THEN AGAIN. LSIL hits 18.5 at close Make that a tad over 15 now! Capitulation must be near for many paper longs? Link to comment Share on other sites More sharing options...
romans holiday Posted June 20, 2013 Author Report Share Posted June 20, 2013 THEN AGAIN. LSIL hits 18.5 at close R.H you picked up on the stories floating around about France banning postal deliveries of bullion cars or bars? Hi Riggerz. No I haven't been following the news at all. These days am focused on reading and writing; learning Latin and writing a short science fiction story. Wow! Silver under $20. I thought silver would be volatile, but not that volatile! Although I'd traded a good chunk of AGQ on the spike and correction and managed to accumulate units, I'd say I'm pretty much underwater as far as the initial investment goes. That said, I still think bullion prices will reverse, where it wouldn't take much to see the investment salvaged and go on to a profit. No certainties but. Link to comment Share on other sites More sharing options...
drbubb Posted June 20, 2013 Report Share Posted June 20, 2013 I recall all those old Silver Bulls in GoldSeek, who when the prices was $50, were bragging that there average cost was $20. Remember the one who said: "Never, ever, ever Sell you Gold ... or Silver!" - What a clueless idiot ! (And many of us said so at the time, not just me.) Link to comment Share on other sites More sharing options...
romans holiday Posted June 20, 2013 Author Report Share Posted June 20, 2013 I recall all those old Silver Bulls in GoldSeek, who when the prices was $50, were bragging that there average cost was $20. Remember the one who said: "Never, ever, ever Sell you Gold ... or Silver!" - What a clueless idiot ! (And many of us said so at the time, not just me.) Only a complete miser would say never sell your gold or silver... or cash for that matter. At the end of the day it's there to enjoy real assets. I think the essential thing to keep in mind about these markets is that they won't be a one way straight [whichever way] but will be unstable and volatile. So even though bullion prices are down now, there's every chance they will be up again. Silver/ gold prices usually strengthen towards the end of the year, add to that chaos in some market, further QE etc, and prices could quickly recover. Link to comment Share on other sites More sharing options...
romans holiday Posted August 28, 2013 Author Report Share Posted August 28, 2013 Wicked volatility. Looks like a pretty convincing bottom for silver. Sold at 60 and re-bought again at 40. Nearly back in the black. Link to comment Share on other sites More sharing options...
drbubb Posted August 28, 2013 Report Share Posted August 28, 2013 It may take some work to get thru that gap Link to comment Share on other sites More sharing options...
romans holiday Posted August 29, 2013 Author Report Share Posted August 29, 2013 It may take some work to get thru that gap Yep, but the bottom looks in. Banking on seeing the strong seasonal for silver soon. Link to comment Share on other sites More sharing options...
romans holiday Posted August 29, 2013 Author Report Share Posted August 29, 2013 The price still well below the long term trend [200MA] suggesting a move above 27 in the near term. 200 MA showing an annual rate of 20% appreciation. Link to comment Share on other sites More sharing options...
jerpy Posted September 13, 2013 Report Share Posted September 13, 2013 Make that a tad over 15 now! Capitulation must be near for many paper longs? Double bottom target of around 15 for LSIL possible, which for Romans would probably be what 16-17 AGQ? Link to comment Share on other sites More sharing options...
romans holiday Posted September 16, 2013 Author Report Share Posted September 16, 2013 Double bottom target of around 15 for LSIL possible, which for Romans would probably be what 16-17 AGQ? Ha, yep could be on the cards. Telling time here. Still banking that the long [long] trend will 'rescue' my position, which could've been worse if I hadn't also traded it. If the price doesn't rally with what is typically the strong season for silver, you'd have to start questioning the idea of a long term bull market. Link to comment Share on other sites More sharing options...
jerpy Posted September 19, 2013 Report Share Posted September 19, 2013 Ha, yep could be on the cards. Telling time here. Still banking that the long [long] trend will 'rescue' my position, which could've been worse if I hadn't also traded it. If the price doesn't rally with what is typically the strong season for silver, you'd have to start questioning the idea of a long term bull market. Now don't you get bottling it Romans. Not now you have company here Joined on the trade late last night and dipped the other toe in this morning.......Hi Ho Silver Link to comment Share on other sites More sharing options...
romans holiday Posted September 21, 2013 Author Report Share Posted September 21, 2013 Now don't you get bottling it Romans. Not now you have company here Joined on the trade late last night and dipped the other toe in this morning.......Hi Ho Silver Well, keeping the faith for now. But if the price doesn't start consolidating upwards over this seasonal period, I'll no doubt start wavering. Link to comment Share on other sites More sharing options...
romans holiday Posted November 11, 2013 Author Report Share Posted November 11, 2013 Very close to throwing the towel in here. A dip below the $20 silver mark, will most probably see me sell to salvage around 50% of the initial funds of a speculative punt. Perhaps a lesson learnt in greed. Righto, back to work I go. Link to comment Share on other sites More sharing options...
drbubb Posted November 12, 2013 Report Share Posted November 12, 2013 When you want to "throw the towel", it is often Time to Buy ! Link to comment Share on other sites More sharing options...
jerpy Posted November 12, 2013 Report Share Posted November 12, 2013 My toes got chopped some time back, nasty down trend showing no respite as yet. LSIL could easily go sub summer lows. Target for LSIL? Maybe as low as 13ish, unless the trend breaks. Meantime no hurry to get back in for me. Link to comment Share on other sites More sharing options...
romans holiday Posted November 12, 2013 Author Report Share Posted November 12, 2013 When you want to "throw the towel", it is often Time to Buy ! A bull indicator you think? Yes...... hopefully. 'Hope', for the trader, is always the problem though! ha ha With AGQ now at 18, I am planning to sell should it get down to 15. No great harm will have been down as I never bet the farm, and always allowed for the possibility of being dead wrong, or fallible. Link to comment Share on other sites More sharing options...
romans holiday Posted November 12, 2013 Author Report Share Posted November 12, 2013 My toes got chopped some time back, nasty down trend showing no respite as yet. LSIL could easily go sub summer lows. Target for LSIL? Maybe as low as 13ish, unless the trend breaks. Meantime no hurry to get back in for me. They were the right instruments as far as volatility goes. The error lay in being prejudiced to the bullish side, and not being prepared to short the buggers. Link to comment Share on other sites More sharing options...
jerpy Posted November 12, 2013 Report Share Posted November 12, 2013 They were the right instruments as far as volatility goes. The error lay in being prejudiced to the bullish side, and not being prepared to short the buggers. Yeah, you should see the nice uptrend in place on SSIL Link to comment Share on other sites More sharing options...
romans holiday Posted November 13, 2013 Author Report Share Posted November 13, 2013 Yeah, you should see the nice uptrend in place on SSIL Sold the lot. Sitting on the sidelines in US dollars for a bit. Waiting for up-trend to resume. Link to comment Share on other sites More sharing options...
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