ernstschwarz

Silver Risk to Reward

Long
ernstschwarz Updated   
OANDA:XAGUSD   Silver / U.S. Dollar
buy silver now.

trade without stopploss but make sure that there is no terms or rules with your broker that forces to close all trades when account value gets very low or stuff like that.
and of course calculate the lot size correctly! best and easy way: dont use leverage!

price going to 0.1 (silver worthless) = very unlikely.

price going to 20 or higher = more likely.

example 1:
risking a total loss (silver worthless) of 1000$
would give you a return of circa 380$ when silver price hits 20

example 2:
risking a total loss (silver worthless) of 1000$
would give you a return of nearly 2300$ when silver goes back to 47 price (old high year 2011)

so what you think? low risk and ok return.

*this basic concept of dealing with silver market i adapted from a once famous trader activ on tradingview but now banned for whatever reason... cheers mister mangal!
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Comment:
crawling down and down and trying to bore us to death and back. keep an eye on silver since it will go up when everyone got so bored and looks away.
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