This has not changed since yesterday. We tested the $50 mark today, admittedly somewhat earlier than expected, after failing at the ATH yesterday, and bounced off it. So either we go back and forth a bit in this trading range between 50 and 54.50$, or we break out to the upside. In that case, it will move very quickly towards 57, 58 and, if the momentum is good, also towards 60.
If you are not interested in warrants, just keep scrolling.
The warrant has a leverage of 10, if everything goes smoothly the warrant will be held until gold cracks the $4000 mark. I also bought a 10 long on silver a month ago, but the warrant currently only has a leverage of around 6 and is up around 125% -> should be the same for gold... (The leverage on my capital invested in the silver long is still 10, just to clarify😉 )
@Multibagger You asked about my inliners... I haven't used inliners for a long time because the last ones were too small for me 🛼... xD Joking aside: I sold my inliners on ThyssenKrupp and Zalnado with gains of 70% and 120% respectively. I bought an inliner on Commerzbank DE000PJ71ZF1, on MTU DE000PJ715U4 and Siemens DE000VH3ZBV0. The inliners on CoBa and MTU are both clearly in the plus, the one on Siemens clearly in the minus, and the money is actually written off because the spread is so bold that I'm now either letting it run KO or taking the 500/600% with me. In the meantime, I also had some on Deutsche Telekom and Deutsche Börse, but both of these have been taken out via stop loss. I also added a normal long on NVIDIA...
To complement my equity momentum model, I have now added a position in silver $3LSI (-4.44%) and gold $3LGO (-0.98%) to surf along with the trend. The same rule applies here:
As soon as the price falls below the 50EMA, I sell. This time, however, on the 4h chart in order to stay closer to the trend.
With this rule you would have a max. Drawdown of about 6% (=distance price-EMA, unless it goes further down within the 4h), with the 3x leverage that's about 20%, I can live with that for the capital invested. Plus of course product costs, about 4% p.a. due to borrowed capital.
⚠️ Don't blindly copy everything that others post. I think there have been enough examples recently where this has gone wrong 😬
Here you can see the silver 4h chart with 50EMA (green).
The rising pattern of the past few days was broken by the setback earlier. The tightened SL has taken effect. I now expect precious metals to consolidate for a few days.
+8.8% (270€) in 4 days. Not as much as originally hoped for, but still. 👍
The low general interest in the topic on Getquin and the skepticism of the experts @InvestmentPapa have encouraged me to open a first speculative position in silver. (P 30$, SL 26$).
You guys are great! I mean that sincerely. 🤗 So far, all speculations based on the Getquin sentiment have been positive (altcoins are still running at +50%). If it stays that way, I'll stay and continue to annoy you with critical and constructive questions. 😁🚀
If you only assumed 4 days (to a few days) from the outset, then my advice about the product was exactly right. And the skepticism has been confirmed... or rather, we will be even smarter about what will happen on the market in the next few days. In this respect, I don't take this as skepticism, but rather as confirmation of my statements. Be that as it may... congratulations that it worked out for you. Various others will burn their fingers. As usual. 🤷🏻♂️
The low general interest in the topic on Getquin and the skepticism of the experts @InvestmentPapa have encouraged me to open a first speculative position in silver. (P 30$, SL 26$).
You guys are great! I mean that sincerely. 🤗 So far, all speculations based on the Getquin sentiment have been positive (altcoins are still running at +50%). If it stays that way, I'll stay and continue to annoy you with critical and constructive questions. 😁🚀
