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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 683.21+0.2%4:00 PM EST

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To: Honey_Bee who wrote (14304)2/20/2011 11:10:54 AM
From: ayn rand3 Recommendations  Read Replies (3) of 221139
 
cheeze HB, keep it simple, just buy silver on dips and quit trying to be too clever. it's not rocket science, really. review my previous posts on silver and gold if interested. i guess you can lead a horse to water, but,...,you know.

buy and hold. trading stocks is one thing but trying to trade PMs & you're going to, most likely, get burned really badly, and miss any big gap ups. all the big money is made when people least expect it. silver is too volatile to trade for amateurs like myself and most others here. stops will lose you money. they will probably be taken out and hit.

just don't sell. it's called position trading. you try and make a few extra bucks and you shoot yourself in the foot. it's not rocket science. buy low and hold. i haven't bought any PMs in over a year. i recommend the same to you.

silver is going way up. it's path, however, is never clear. dollar cost average, don't use margin and make a bundle.

good luck to all.

:o)
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