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Ok think what u want. Could have shorted it anytime before or on the way down and be golden.
You can do this on any etn or etf.
Still dont believe me, please look at every leveraged fund over last couple years, not one is higher..... Due to decay.
The fact that this is even an argument is crazy.
It does take a lot funds to be able to hold these long term as suggested... Ex. Uses up 3x the marginal funds available. Also you will never make over 100% unless you short, cover, short, cover, short, etc...
Actually its smart if timed correctly. The natural decay provides guarantee gains in long run
Ya im confused myself. I flipped it several times, although did have small loss earlier, overall still good day.
Thinking about jumping back in here, but little hesitant until i figure out why.
My gut tells me oil going back to 30's... Iran, end of driving season... Etc
Anyways gl in ur trades
I hope u locked in some.
Understand but i do see oil going to mid to upper 30's so prob more downside yet
My concern is this moving down way more drastically then oil is . They are not as correlated as usual. Seems overdone.
Guess have to ride it out longer and average down
Gl
Wow this is ridiculous
I disagree it caused huge drop in price. Inversely it caused bh price to jump up of course.
It affected both man
Is the news today good or bad. I can see it both ways. Just wondering yalls thoughts on it.
Other than the bh payment of course.
Lol u called it
Are u singing? Lol .... Or do u really just think they are going up tomorrow and i feel like an idiot
Nete .52
Just put trailing sl, and forget it
Well I grabbed some at 36.23 and 35.76. Trying to decide to hold or take what i got now
Anyone buying here?
NG - Tried a play today on morning dip but no go. Out for now
Aks was best play for me today with low entry yest.
Stopped our bud. Will look at it again for reentry. Its close man hard to call bottoms on plays. I still believe it will pop soon
On side note plenty of solid plays put there
Hey guys
I would like to encourage everyone who has benefited from some fantastic calls made, to not be greedy and show appreciation through a donation. The way I look at it, you would not have made money if it weren't the careful planned out trades provided for free by this man!!!
If anyone has ever tried to pick trade ideas, knows its alot of work. To ensure only trades with the best chance of success are picked, takes alot of time and energy.
I personally make % donation on every profit. This seems fair to me, a sorta tip for a tip.
Just wanted to share my thoughts
3 day trader thanks for ur trade ideas and time put into the success for others. Not a whole of you guys left.
Keep the picks coming, i make bank on almost one I've played. Your track record is amazing. Idk how u do it man lol
Im gonna go with you
Im in fish 16.80 half position
And exxi 3.45 half position
Aks weeeeee from entry 5.02 yest
Watching few more
Ya same i saw the descending triangle forming. Exit for few cent lost
This seems to be the "B" wave and bottom somewhere bear this area back to 50ma. Then i see a huge "C" wave coming
We'll see wut happens
You know that's going to happen lol
I still think we see lower here but expecting pretty big jump over next few days.
Sometimes i feel like i fight the trend both ways instead of riding it. One reason is i never buy a stock that is hod or already made a move. But in the end i miss way more when turns into longer run.
Same i started a little in 2.68 pre market.
Hard to say with no information about it. This is more of a chart play, but news can screw up things or help. Were at a point where downside is limited compared to upside. Set sl so small loss or large gain. I usually shoot for at least 10% on my trades. Not always correct but win more than loose.
GL
Nbs - Out completely at 3.20. 10% on other half
On strong watch tomorrow guys. Should see strong action
Out 3.20 from 2.90 dip. Will wait to see action tomorrow for possible reentry
It happened to me the other day on jdst. And fitz yest. You have to draw line somewhere though or risk losing alot more.
Back in on that dip and out half for another 8%
Grabbed some on dip for a little more
Great day here
Weee on NBS out a little early but hell ill take it
Wow look at it go
Look now lol, im out at 2.90
1.30- 1.50 area
Im short term trader and lock in profits when i got em. You could stay longer in any trade ideas i have but I usually just move on
Stop loss is essential but chances are good here.
GL in ur trades
Got caught in some spy puts rt now. I hate the spy with a passion and it needs to burn and preferably soon so theta doesn't kill me
I agree, but good for trade 1.58-1.78 o/n hold.
Ill look into exxi.
Guess no else played mhr. Just waiting on my tc now
Looking crappy rt now, but I bought some exp tomorrow next fri and fri after, so have time