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3x Bull or Bear leveraged ETF's

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Last Post: 5/10/2018 10:39:14 PM - Followers: 16 - Board type: Free - Posts Today: 0

The 3x or 2x Direxion/Pro Shares/Horizon/Velocityshares Bull or Bear ETF thread.


I play these loaded ETF's in order to make some money. I'm not a very good intra-day trader (but I'm working on it). Because of those limitations I prefer to ride a short-term/medium term trend... either Bull or Bear. It doesn't matter. I'm quite agnostic when it comes to stocks.  I'm old fashioned - an ETF or any other type of security that trades on the Big Board, is a stock as far as I'm concerned.

I am looking for multiple 3,4,5,10 or more bagger Bull/Bear 3x ETF's, in a relatively short-term time frame.

You can make a lot of money shorting leveraged ETF's provided that you can get it (not so easy sometimes) from your Broker, and when in, be able to cover it if you are called by the Broker.

... you can also lose a lot of money if you hang on long-term to an ETF that is going down or even sideways.  These things can lose 99.8% of their value over time.  In other words, they can almost go to zero.

Remember, you must treat these things like ice cream.  The first lick is intoxicating, the second is merely good and then after that, it starts to melt.  These things are just like ice cream they melt (decay) over time.  You do not want to be holding a 3x loaded ETF that is trading sideways or worst down (unless your short).  Please see example charts below.

If you have recently decided to become very aggressive to double, triple or quintuple your money, please post your picks & strategies on this thread.

My picks will be based on technical analysis - ie: charts.

Please no "Hot Tips" or the "next best thing".

Volume in my opinion, accompanied by breakout from a trading range is my desired play. Yours may be different.

Anyway lets see how it goes. We will make up the rules as we figure things out.

Please note that I am a trader. Stocks that I like today, I may have different opinion tomorrow. I am not married to any position & may trade intraday.

If you could help me achieve that goal:  to make some money, the posters here could perhaps help you make some money also.

Since a lot of people are currently captivated by the GOLD complex because in part by the low cost of entry (until the reverse split).  Here are three charts, the first one is JNUG (3x bull) and the second one is (you got it) JDST (3x bear). Lets assume you bought each for a $100.00 (US) when they started trading.  Lets see how they do over time...
JNUG - from an intial entry of $100.00 you would have (all time low $2.84)  $3.42 currently (Dec 4/2014)

JDST - from an intial entry of $100.00 you would have (all time low $8.75) $17.17 currently(Dec 4/2014)

The third chart is the instrument they are supposed to replicate by 3x... GDXJ (not leveraged).  All time low $22.74 currently $25.69.

The first two charts are really hurt by decay, which is exacerbated by the down trend in GOLD.  The last chart will not go to zero.  So play short-term my friends.  These 3x loaded ETF's you do not want to marry.  Take them out for a date every now and then and trade the heck out've em.

Now for a pretty little chart SOXL a multi-bagger.

#501   Exonerated!!! Croesus I 05/10/18 10:39:14 PM
#500   Either. ArtieB 08/02/16 07:18:06 AM
#499   UVXY or TVIX time? Phatlander 08/02/16 05:36:51 AM
#498   UWTI is a beast today! Record oil shorts Phatlander 03/17/16 11:34:24 AM
#497   Bear. VC ArtieB 10/10/15 03:57:27 PM
#496   Which side are you on? Bear? JohnCM 10/10/15 11:57:59 AM
#495   Be ready, JCM. ArtieB 10/09/15 10:46:05 PM
#494   Good question. JohnCM 09/25/15 11:07:23 PM
#493   JCM- Can mutual funds r/s? VC ArtieB 09/25/15 09:25:01 PM
#492   Leveraged Gold Miners ETFs To Host Reverse Split Party JohnCM 08/30/15 12:46:21 AM
#491   ;) yw goforthebet 05/28/15 03:16:11 AM
#490   Yes, it took me a little to figure Phatlander 05/27/15 11:52:46 PM
#489   RUSS had a R/S goforthebet 05/26/15 09:17:59 AM
#488   Good one, lol! ArtieB 05/23/15 12:30:53 PM
#487   UVXY and RUSS were two of three (I Phatlander 05/23/15 12:28:36 PM
#486   Bought UVXY today at 8.20. The markets look sgg22 05/19/15 06:11:20 PM
#485   I'm up $1 p/share on UHPIX (mutual fund). ArtieB 05/14/15 08:51:00 AM
#484   todays move does NOT invalidate the prior move Croesus I 05/01/15 07:38:47 PM
#483   I think this is a bull's opportunity to ArtieB 05/01/15 11:35:49 AM
#482   I'm a pretty active trader.... and really all Croesus I 04/30/15 04:40:26 PM
#481   TD realtime only NAZ and pennies. Not ArtieB 04/30/15 03:45:59 PM
#480   Not comfortable with anything, to be honest, lol! ArtieB 04/30/15 03:44:42 PM
#479   Ok. Well then that makes sense. If you Croesus I 04/30/15 03:41:01 PM
#478   I'm not sure that a L2 feed is Croesus I 04/30/15 03:39:54 PM
#477   It's for my 403b brokerage account which does ArtieB 04/30/15 03:26:11 PM
#476   I don't know where to find an instant ArtieB 04/30/15 03:23:32 PM
#475   FWIW.... I would buy YANG (if I where Croesus I 04/30/15 03:13:30 PM
#474   good move! just a suggestion, buy UVXY Croesus I 04/30/15 03:10:37 PM
#473   Yes you are right... Croesus I 04/30/15 03:08:42 PM
#472   FAZ, TVIX, UVXY, SQQQ, ULE, TMZ, TECS... all ArtieB 04/30/15 12:45:39 PM
#471   It's a mutual fund, but I just picked ArtieB 04/29/15 08:55:52 PM
#470   In TVIX. PSAR flip, MACD cross positive, ArtieB 04/29/15 02:57:15 PM
#469   Thanks for the reply. Putting on watch for Phatlander 04/28/15 11:14:41 PM
#468   I will sell UVXY tomorrow. DanWebzster 04/28/15 01:16:37 AM
#467   Sounds good. First idea: FAZ VC ArtieB 04/27/15 06:00:06 PM
#466   That is interesting that you mentioned UVXY... Croesus I 04/27/15 04:12:11 PM
#465   http://pro.moneymappress.com/MMRBS495LG/PMMRR459/?iris=352521&from=fb&referrer=w ArtieB 04/26/15 08:35:47 PM
#464   IMO if you are thinking of shorting the ArtieB 04/26/15 07:51:58 AM
#463   India 6 month daily chart Croesus I 04/26/15 12:52:20 AM
#462   Hey Croesus, what is the 3x bear fund Phatlander 04/24/15 11:55:16 PM
#461   Started layering into UVXY here DanWebzster 04/23/15 03:51:30 PM
#460   The thing I've come to believe about leveraged DanWebzster 04/22/15 02:17:54 PM
#459   look like I fucked that up... Croesus I 04/21/15 08:23:31 PM
#458   https://www.siliconinvestor.com/readmsg.aspx?msgid=30032468 Croesus I 04/19/15 02:42:12 PM
#457   Thanks for clarifying that your view is based DanWebzster 04/14/15 12:17:45 AM
#456   In RUSS again... VC ArtieB 04/13/15 05:56:48 PM
#455   should be interesting to see if the hourly Croesus I 04/13/15 05:26:37 PM
#454   Buyz printed on the hourly chart for VXX Croesus I 04/13/15 01:34:28 PM
#453   Thanks for your warm welcome. The internet DanWebzster 04/10/15 07:39:08 AM
#452   Welcome to the thread Dan! Croesus I 04/09/15 04:59:41 PM