On The Art of Trading

Metals:

2/02 May Silver sell 27.55, 26.40
2/02 April Gold sell 1323.3

At what point do you throw in the towel on these positions?

$33,000 seems to be an awfully large sum to be losing on a two lot in Silver.

Also, do these trades go into the 75% column of the performance table simply because they would have been filled orders? Does that mean that being "right" the market simply means that the market just happened to cross your price?

Matthew Shelley
Commodity Broker

As always: Trading in futures and options is very high risk investing. You can lose all or more of the money you invest. Only risk capital should be used.