PDA

View Full Version : How to Trade JP Morgan Raids to Accumulate More Physical



Shami-Amourae
30th March 2011, 01:20 PM
Thought this was awesome and wanted to share:

http://www.youtube.com/watch?v=vpjhHQciSYg

http://www.youtube.com/watch?v=gGKKjQdbUTE

http://www.youtube.com/watch?v=oBu6RN_vbKY

SLV^GLD
30th March 2011, 01:51 PM
Yeah, I've thought about doing this many times but a couple things stop me. One is I've never traded paper a day of my life so I imagine I have some learning curve and growing pain just learning the mechanics of making the trades. Two, in order to buy paper you have to have what we call "dry powder". Dry powder is explosive stuff; whenever I see much of it lying around I tend to buy physical silver with it which, correct me if I am wrong here, is the end result of this risky venture anyhow.

muffin
31st March 2011, 12:36 AM
NY time....

Sell at 9AM, buy at 10AM. If it's against you at 10AM hold on to the short until 11:30 and dump it. Then go to lunch.

I know it's ridiculous, but if you look at the daily time charts, you could do this every day and you would make money. Unless something is going on, or it's closing day for the contract, you can almost always win selling at 9 and buying it back at 10.

I wish I had the money to back my opinions :)