Recent content by atlas1212

I didn't diss him. Just said his reply wasn't helpful and he was being a smartass. Was I wrong?

Listen, I'm not going to start trading them today. I'm simply asking the question so I can learn. So, once again, if you buy a contract at 1000 and it slips below where you bought it, are you responsible for more than the loss of your initial investment? Also, how does that work as far as...

Yes Beowulf. That is true of any investment. But to call gold a lottery ticket..well, i guess I won the lottery. I didn't buy on dumb luck, I bought based on the weakening dollar.

Yes. thank you. But do you have an answer to my question?

Ed, I can't believe you'd say the lottery and gold are the same. ALL stocks are pure speculation by nature. I bought a large amount of gold at 350 an ounce. Now at 1400-1500... So, what is wrong with my investment? It has outperformed the market and I can liquidate at spot anytime I want...

Been learning a little about futures but was hoping someone could help me out. So with stock, I buy at 25 and if it goes up, I can sell and make profit. If it goes down, I can sell but can't lose more than my initial investment. With futures, let's say I buy a contract for 1000 at 85cents for...