ScottBogatin

Managing a silver trade if it moves lower

COMEX:SI1!   Futures Argento
October 4th 2003 10:40 am. It looks like silver is going to make a new low after we found a bullish reversal yesterday. I don't mind a little bit of risk but I go out of my way to avoid large stops... so this is how I would manage a trade based on that. It does require looking at price action and retest of gaps or failure to retest gaps to help me make trade decisions.
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