SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : International Precious Metals (IPMCF)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Daniel M. Whipple who wrote (896)12/23/1996 1:09:00 AM
From: Ron Struthers   of 35569
 
Hello Daniel

A good way to trade the ups and downs is with options, if options trade on the stock you are considering to trade.

For ex. write out of money calls when you get near the top of a stocks trading range.

As far as trading, timing is always difficult. Myself, I am an investor rather than a trader, but for trading you want to know timing of fundamantal news releases, buy on rumour sell on news as the saying goes

The other good aid is technical analysis and there are many techniques. I use my own momentum indicator and am also very interested in candle stick charting.

You will find with trading you will never be always on the right side of the trade but will obviously strive to be more right then wrong.

Another good point is not to make one big trade in or out but to buy or sell in percentages, say 1/3rd of your theoritical position at a time.

As far as IPM, it is probably a good time to accumulate on any dips if you are looking to buy more, but there is lots of news on the horizon that could move the stock up in a hurry

Good Luck with whatever route you take
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext