Anyone buying silver?

jmsremax · 06-06-2011, 09:34 PM

Its a shame you didnt get in sooner......you missed the boat on some serious gains as far as paper is concerned. Keep your eye on the movement and maybe have a stop loss on your position just in case you forget about it and things turn on you.

If you bought silver coins or bars then disregard haha. I'd much rather physically hold silver than paper. Either way good luck with your investment.

elderboy02 · 06-06-2011, 09:52 PM

Quote:

Originally Posted by jmsremax

Its a shame you didnt get in sooner......you missed the boat on some serious gains as far as paper is concerned. Keep your eye on the movement and maybe have a stop loss on your position just in case you forget about it and things turn on you.

If you bought silver coins or bars then disregard haha. I'd much rather physically hold silver than paper. Either way good luck with your investment.

What is a stop loss?

Apoco · 06-08-2011, 07:41 PM

Quote:

Originally Posted by elderboy02

What is a stop loss?

A stock tool. It will tell your broker/website to sell when the stock price dips below a set amount.

I.e. you own ATVI. The current price on it is around $16 per share. You might put a stop loss at $10. If the stock price hits $9.99 a share, the broker will trigger a sale of your stock.

Same idea holds true for a stop gain. If you set a stop gain at $20.00 and the price hits $20.01 then your broker will trigger a gain.

Note: these are also called limit loss and limit gains.
Posted via Mobile Device

elderboy02 · 06-09-2011, 08:38 AM

Quote:

Originally Posted by Apoco

A stock tool. It will tell your broker/website to sell when the stock price dips below a set amount.

I.e. you own ATVI. The current price on it is around $16 per share. You might put a stop loss at $10. If the stock price hits $9.99 a share, the broker will trigger a sale of your stock.

Same idea holds true for a stop gain. If you set a stop gain at $20.00 and the price hits $20.01 then your broker will trigger a gain.

Note: these are also called limit loss and limit gains.
Posted via Mobile Device

Oh. I don't have stocks in gold/silver. I have physical silver.

06-06-2011, 09:34 PM	#1
jmsremax Yet another Masshole Join Date: Nov 2009 First Name: Jon Location: MA Posts: 1,245 Trading: (19)	Re: Anyone buying silver? Its a shame you didnt get in sooner......you missed the boat on some serious gains as far as paper is concerned. Keep your eye on the movement and maybe have a stop loss on your position just in case you forget about it and things turn on you. If you bought silver coins or bars then disregard haha. I'd much rather physically hold silver than paper. Either way good luck with your investment. __________________ Stock/Finance banter