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    All Forums | Investments

    How could you lose with Future Gold contracts??

    examine
    Roonie
    wallstreetcappers
    Participants:
    Search
    Views: 455
    Posts: 7
     
    examine
    examine
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    Posts: 4094
    Posted: Sep. 18, 2011 - 3:37 AM ET #1

    You can take pretty much any bullish position from 1750-1850$ and I cant see how anyone could not make money...

    The swings are stressful but since the market moves almost daily 50$+ , it takes just a little bit of patience to be in the money...

    I'm I in left field with my thinking?
    Reply
    To remove first post, remove entire topic.
    You can take pretty much any bullish position from 1750-1850$ and I cant see how anyone could not make money...

    The swings are stressful but since the market moves almost daily 50$+ , it takes just a little bit of patience to be in the money...

    I'm I in left field with my thinking?
     
    Roonie
    Roonie
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    Posts: 1406
    Posted: Sep. 18, 2011 - 4:06 PM ET #2

    Agreed, these days it's not about how much you make it's how fast you make it..  Regardless how about some gold mining stocks?   
    Reply
    Agreed, these days it's not about how much you make it's how fast you make it..  Regardless how about some gold mining stocks?   
     
    wallstreetcappers
    wallstreetcappers
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    Posted: Sep. 18, 2011 - 5:44 PM ET #3

    Easily..

    The mere sniff of a rate increase and gold longs will get smoked and quickly.

    To me if you think there is no way you can lose, you will positively lose.

    No such thing as a guarantee in investing, especially commodity futures.

    What if the stock markets get cracked? Gold will go down hard, you could see a move back to 1000 or less if the markets get cracked and risk trades get burnt.
    Reply
    Easily..

    The mere sniff of a rate increase and gold longs will get smoked and quickly.

    To me if you think there is no way you can lose, you will positively lose.

    No such thing as a guarantee in investing, especially commodity futures.

    What if the stock markets get cracked? Gold will go down hard, you could see a move back to 1000 or less if the markets get cracked and risk trades get burnt.
     
    examine
    examine
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    Posted: Sep. 19, 2011 - 3:56 AM ET #4

    Quote Originally Posted by wallstreetcappers:

    Easily..

    The mere sniff of a rate increase and gold longs will get smoked and quickly.

    To me if you think there is no way you can lose, you will positively lose.

    No such thing as a guarantee in investing, especially commodity futures.

    What if the stock markets get cracked? Gold will go down hard, you could see a move back to 1000 or less if the markets get cracked and risk trades get burnt.


    Yes, but how long will it stay down, 1 month, 6 month, 1 year??

    By sticking to your position (rolling) its a sure thing in my book.

    p.s. I am very new to trading futures and I am strictly talking about gold
    Reply
    Quote Originally Posted by wallstreetcappers:

    Easily..

    The mere sniff of a rate increase and gold longs will get smoked and quickly.

    To me if you think there is no way you can lose, you will positively lose.

    No such thing as a guarantee in investing, especially commodity futures.

    What if the stock markets get cracked? Gold will go down hard, you could see a move back to 1000 or less if the markets get cracked and risk trades get burnt.


    Yes, but how long will it stay down, 1 month, 6 month, 1 year??

    By sticking to your position (rolling) its a sure thing in my book.

    p.s. I am very new to trading futures and I am strictly talking about gold
     
    wallstreetcappers
    wallstreetcappers
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    Posts: 58463
    Posted: Sep. 19, 2011 - 11:42 AM ET #5

    Well you better have ultra deep pockets, most people trading futures are highly leveraged and cannot hold on forever until things reverse.


    Reply
    Well you better have ultra deep pockets, most people trading futures are highly leveraged and cannot hold on forever until things reverse.


     
    examine
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    Posted: Sep. 19, 2011 - 12:08 PM ET #6

    I have deep pockets considering that I am holding on to micro gold contract(s)

    I think that is the key along with patience. Things always turn around...

    good luck
    Reply
    I have deep pockets considering that I am holding on to micro gold contract(s)

    I think that is the key along with patience. Things always turn around...

    good luck
     
     
    wallstreetcappers
    wallstreetcappers
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    Posted: Sep. 19, 2011 - 12:33 PM ET #7

    A micro account is much different than a full account, but for sure you should have at least 5k in there to be safe.
    Reply
    A micro account is much different than a full account, but for sure you should have at least 5k in there to be safe.
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