Long

Platinum Longterm Long timestamp

Updated

Platinum is cheaper than gold? that's silly. Bunch more reasons to go long, but I just want to share my bets.

Also, if you want to hedge USD hyperinflation risk, and you don't want to buy more cryptocurrency, maybe think about adding platinum to your portfolio?

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Moving some of the stops up towards $758, hasn't moved quick enough so far. What I take off early will be used later--this is all part of a long term metals trade

Holding platinum is trying to avert risk from the Fed buying treasuries (aka printing USD and giving it to the Gov)

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It doesn't look good on a small time frame, I'm moving my stops real close to current price

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Entry around $816, current price around $873. The whole trade is still on, but everything's set to breakeven.

Not getting my hopes up. A stop run of $750 seems pretty likely, but that's nothing to fear now :-)

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I’m over 1 R:R so taking risk off is a fine idea. also, moving some stops up above breakeven—going lower here would imply sub $800 where I can try again.

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every stop is being moved to break even or in profit

Margarine

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