Tuesday, March 25, 2008

Silver

Closed my Futures Silvers trade today. $1100 gain on $1250/margin with $500 risk.

Why did I take profits? The price action is stalling after a fast move (24 hours) is within rules to take profits and wait for another entry. Reward of 2 to risk of 1 was hit.

My Silver Win/Loss is 1/1 with a profit of $800 in 2 days.

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