Wt Silver 2x Discussion Threads

[sutherlh] 20/5/2024 10:39

Any one have any idea where this is heading to? Need another couple of points to break even from something I have held onto too long. H

[sutherlh] 10/5/2024 09:11

I missed chance to get out last month as on holiday. Looks like another leg up developing? May be due to increased possibility of US rate cuts boosting precious metals. Will wait to see what happens before exiting. H

[tongosti] 23/4/2024 08:02

Last night close below 21ema on vols. book profits and let's hope we get another entry signal soon

[tongosti] 22/4/2024 16:07

Strong bounce off tye 21 day on that the 5 min bar reversal an hour ago. Will it hold?

[tongosti] 15/4/2024 08:15

We're almost +35% post latest price basing. Some pullback is the least this could do before (hopefully) the next leg up. Agreed silver is a very volatile beast. Trailing one's position with 10/20 emas makes sure we never overstay our welcome. Unless such moving averages are compromised, enjoy the ride chapa

[sutherlh] 09/4/2024 09:30

Thanks Roger, hope springs eternal, I won’t hang around if silver starts falling. Gold and silver looking very strong for the moment. H

[riggerbeautz] 09/4/2024 09:23

Always hope but this doesn’t behave like a normal stock, as has been said before. Just depends how strong the Silver Bull runs, don’t stick around if it weakens though.

[sutherlh] 09/4/2024 08:57

The last time silver was round these levels Lsil was over 12. Any hope of it getting anyway near there? Thanks. H

[jailbird] 20/9/2022 06:33

Thanks Roger

[riggerbeautz] 13/5/2022 18:37

Jailbird the ticker is LSE:LSIL. Ran by Wisdomtree, see if your broker will offer it. Do make sure you’re comfortable with what you’re buying, as leveraged by name and nature should tell you it’s not like trading normal stocks.

[jailbird] 13/5/2022 07:20

Guys how do you buy into this?

[riggerbeautz] 12/5/2022 21:28

Getting ready for this, got to be overdue a bounce soon.

[riggerbeautz] 29/9/2021 19:04

Starting to feel like we’ve had a good pullback; could get interesting here in the Autumn.

[riggerbeautz] 02/2/2021 11:59

Yep, going to sit on the side and wait for the next opportunity, good pullback be welcome by me now.

[kaos3] 02/2/2021 05:37

same here - oil and silver - one never knows

[riggerbeautz] 02/2/2021 05:30

I’ll wait out New York’s open, don’t mind missing trades on LSIL here, if Ag is steady I’ll leave a few silver plays as is, but I’m sat on huge spikes for AAG and IPT, they were the gambles I left totally intact along with DEF. All Canadian, which is the market I do most of my trading in. Just kicking myself I overlooked MAG this time.

LSIL is a trade momentum for me, buy the dips, sell the spikes, if this starts dropping later, I’ll cash the remainder again to try and pick another chart point :)

[foxy22] 01/2/2021 17:01

Yes u were right....do u think there will be another surge or that's it for the time being

[riggerbeautz] 01/2/2021 16:19

Well I took profits in SVL earlier when it was up a fraction higher than that one. Nothing wrong with taking a profit and took some off here now.

[foxy22] 01/2/2021 14:30

So no breakout past 12......I've got cde in us up 39%

[riggerbeautz] 01/2/2021 10:36

If it gets to 12 I’ll take some profits, it’s always spiked, you just have to play the spikes. Truthfully a bit of noise created around reddit but unlikely, they don’t have pockets deep enough, just my opinion. I’m positioned in paper short term, in other ways long term.

LSIL is only ever short horizon trade, always best to take a profit or cash out as the trend breaks, every chart time frame demonstrates this :)

[foxy22] 01/2/2021 08:26

Do u think this will go much higher...will Reddit boys drive it....

[riggerbeautz] 01/2/2021 08:24

Off to a flier.

[riggerbeautz] 29/1/2021 12:37

Getting interesting now, let’s see if the Reddit boys can have an impact.

[riggerbeautz] 08/1/2021 18:23

This will wash a few out again.

[riggerbeautz] 12/8/2020 09:26

Not convinced myself niggle, perhaps more wishful thinking it could go that low; resisting the urge to buy in yet though