Best way to hold long-term precious metals position (Futures or equities) - futures io
futures io futures trading

Best way to hold long-term precious metals position (Futures or equities)

Discussion in Traders Hideout

Updated by Mozart2112
    1. trending_up 700 views
    2. thumb_up 0 thanks given
    3. group 2 followers
    1. forum 1 replies
    2. attach_file 0 attachments

Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

Search this Thread

Best way to hold long-term precious metals position (Futures or equities)

(login for full post details)
  #1 (permalink)
Las Vegas, NV
Experience: Beginner
Platform: NinjaTrader 8
Trading: Emini ES
Posts: 9 since May 2020
Thanks: 2 given, 1 received

I currently have a long-term gold and silver position by holding GLD and SLV equities on 2x margin with TastyWorks. The funding rate is 8% for the margin.

I'm curious if it would be better to sell my equities and replace it with SPRE, which is a smaller size precious metals futures contract they offer with a tick size of 0.01 x 100.

The problem is I don't know how to calculate if it would be cheaper for me to hold my positions through futures contracts long-term rather than holding stocks. Are there funding rates for futures contracts held overnight where you either pay or get paid depending on the number of long and short positions? Or would the only fees be calculated when rolling over each month?

Reply With Quote

Can you help answer these questions
from other members on futures io?
Can Tradingviews Drawing tool create limit order
Platforms and Indicators
Delta PVP ( POC )
Thanksgiving 2020 Fundraiser - lets be grateful!
Feedback and Announcements
Historical option expirations
NT8 Daily Profit & Stop Loss Limit -- Help
(login for full post details)
  #2 (permalink)
chicago il usa
Posts: 34 since Sep 2019
Thanks: 3 given, 20 received

You would need Full Margin if holding any Futures contract and be aware of the LTD

Reply With Quote

futures io Trading Community Traders Hideout > Best way to hold long-term precious metals position (Futures or equities)

October 29, 2020

Upcoming Webinars and Events



Copyright © 2020 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432,
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts