/biz/ - Business & Finance

What would you recommend to learn trading ES?
Would thinkorswim paper trading ES be a good way to practice, or is there a better option that you would recommend?
How large should your account be (in your opinion) to start trading ES?
[any books / videos / things you wish you knew when you started pursuing trading ES would be very much appreciated!!]

https://www.zerohedge.com/markets/jpmorgan-pay-record-1-billion-settlement-over-precious-metals-treasury-manipulation

For any anons who have been closely following silver / trading options on silver, you NEED to read this article.
Essentially, JPM settled for $1 billion that they were manipulating silver; the settlement was just reached.
They were on their best behavior while the investigation was ongoing; it was definitely starting to wrap up over this past week (to be announced today)
Monday their traders resumed their activities.

We are going to see SUPER red days for silver ahead, possibly as low as $18
Long-term, this is unsustainable, and will result in a COMEX default (regardless of new Chinese refineries)
Expect silver to tank probably until the end of November..

Good luck anons!

https://www.zerohedge.com/markets/jpmorgan-pay-record-1-billion-settlement-over-precious-metals-treasury-manipulation

For any anons who have been closely following silver / trading options on silver, you NEED to read this article.
Essentially, JPM settled for $1 billion that they were manipulating silver; the settlement was just reached.
They were on their best behavior while the investigation was ongoing; it was definitely starting to wrap up over this past week (to be announced today)
Monday their traders resumed their activities.

We are going to see SUPER red days for silver ahead, possibly as low as $18
Long-term, this is unsustainable, and will result in a COMEX default (regardless of new Chinese refineries)
Expect silver to tank probably until the end of November..

Good luck anons!

>>22634249
I've asked this three times now and haven't gotten a response yet..
I feel like that's an indicator to go ahead.. if it was a bad play I feel like I would have been called a retard by now

>>22464291
It is, but it won't happen probably in our lifetimes, solely because of nuclear weapons / mutually assured destruction

The only reason we don't use thorium is because it doesn't have any byproducts that are used in making nukes

And after events like:
https://www.bbc.com/news/world-europe-50927648
>Russia deploys Avangard hypersonic missile system
and
https://www.bbc.com/news/world-us-canada-49198565
>INF nuclear treaty: US pulls out of Cold War-era pact with Russia

We are moving back towards arms race escalation now more than any other time in the last 50 years - making it highly unlikely to switch to thorium / LFTR

>>22396626
What do you do when your underlying 100 shares take a 10% dive?
You get to keep your 1% premium, but now you're stuck with 100 shares down 10%

$100 per share, 100 shares = $10,000
Down 10% = $9,000
Gain 1.6% on 10K = $160
Net = $9,160

From that position, it would take you 5 weeks to recover if you gained 1.6% a week
Week 1: 9306
Week 2: 9455
Week 3: 9606
Week 4: 9760
Week 5: 9916