Wild ride for Silver over next 24 hours

[slow to learn]

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http://www.informedtrades.com/f302/

[Dom2012]

Im not wrong the cme has nothing to do with REAL supply and demand.....its just a market that has supply and demand for fake derivatives ....if the demand side of the cme took delivery every time a contract was purchased the supplier would never meet the demand ....its just a game !!!

[slow to learn]

(04-17-2012 09:12 AM)Dom2012 Wrote:  Im not wrong the cme has nothing to do with REAL supply and demand.....its just a market that has supply and demand for fake derivatives ....if the demand side of the cme took delivery every time a contract was purchased the supplier would never meet the demand ....its just a game !!!

Dom, many things creat supply and demand, even the media creats supply and demand. It donesnt mater if its artificially created or not its still supply and demand and it is tradable! Only fools trade agaist it! In the trading world if you do the exact oppisite of the retail trader or the herd you will have winning trade more than not! That is why I laugh at people who say there is a head and shoulders on a one min chart! Because everyone know that patteren and the smart money uses these simple patterens as traps! Plus you cannot get accurate long term analysis from a 1 min. chart, it to short of time frame to use for analysis ! A 1 min chart would be used for and entry or a trader scalping the market for very short term trades, trades that last a couple of minites or so!

Oh and by the way all supply and demand is real! If it moves the price action its real! You are right it is a game ,a money making game that the institutional traders contoled by the central banks use to exstort money!

[abreik]

Manipulated markets operate much differently than honest markets. TA needs to be handled accordingly. I just know, when it comes to silver, it is best to buy when the price reaches belly-button support.

[slow to learn]

(04-17-2012 09:35 AM)abreik Wrote:  Manipulated markets operate much differently than honest markets. TA needs to be handled accordingly. I just know, when it comes to silver, it is best to buy when the price reaches belly-button support.

Lol ,thats quit a strategy maybe you could market that and sell it to the retail trading herd in serch of the the holy grail of trading! Ive seen strategies sell for 500.00 to 1000.00! You may be able to make more money doing that than stacking silver!!!!!!!! But seriously that is exactly how working straegies are developed. Finding patterens that really work and repeat them self over and over! This come with lots of study and back testing! If these patterens are backed up by supply and demand they can be very powerful! Many retail traders take a good working strategy that they have developed and automate it to remove the emosional side and let the computer trade for them! This is my long term goal!

[Dom2012]

What you are doing is no different to someone teaching you how to play poker..... and having "strategies" on how to win! you're play their game, you might as well get down the casino!


I notice the OP hasn't came back to this thread to explain (make excuses) why he was so far off lol

[slow to learn]

(04-17-2012 12:28 PM)Dom2012 Wrote:  What you are doing is no different to someone teaching you how to play poker..... and having "strategies" on how to win! you're play their game, you might as well get down the casino!


I notice the OP hasn't came back to this thread to explain (make excuses) why he was so far off lol

Well I dont have a 75% win rate playing poker and the difference between trading and a casino? Well I dont have girls with big boobs serving me drinks and at the end of the day I can still walk and still have money in my pocket!