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The 'Silver: September Increase' is the seasonal rise in silver, starting on August 30 and ending on September 23. The increase was observed in 24 of 30 years, resulting in an average profit of +8.2%. But there were also 6 years, where the price of silver fell during this period of the year. The average loss then was -5%. The overall rise during all 30 years was +5.4% p.a. The 'Silver: September Increase' lasts 24 calendar days. It took place in 80% of all years. Thus the statistical stability of this seasonal pattern is fine. Nevertheless, it is necessary to take steps to minimize losses (e.g. through stopp loss). The following table shows all 'Silver: September Increases' since 1990: 1990-0830 483.00 1990-0924 494.30 11.30 2.34 % 1991-0830 383.00 1991-0923 414.00 31.00 8.09 % 1992-0831 375.00 1992-0923 381.00 6.00 1.60 % 1993-0830 483.00 1993-0923 414.00 -69.00 -14.29 % 1994-0830 538.00 1994-0923 571.00 33.00 6.13 % 1995-0830 524.00 1995-0925 541.00 17.00 3.24 % 1996-0830 519.00 1996-0923 486.00 -33.00 -6.36 % 1997-0902 462.00 1997-0923 470.00 8.00 1.73 % 1998-0831 467.00 1998-0923 503.00 36.00 7.71 % 1999-0830 510.00 1999-0923 527.00 17.00 3.33 % 2000-0830 490.00 2000-0925 489.00 -1.00 -0.20 % 2001-0830 420.25 2001-0924 450.75 30.50 7.26 % 2002-0830 456.50 2002-0923 463.75 7.25 1.59 %Notice: Our Hot Tips are no trading recommandations. In fact, they are a real time test of seasonal patterns. Trading with seasonality requires additional means to reduce losses, for example diversifaction, the implemetantion of further indicators, or stop losses. Yoy can find an introduction into seasonal trading under trading strategies. Please take also notice of the results of our previous tips and of our disclaimer. |