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Re: rotor1 post# 40708

Thursday, 08/09/2018 4:21:24 PM

Thursday, August 09, 2018 4:21:24 PM

Post# of 46663
Well, we have a very clear downtrend. The only problem is that very few people expected this to continue for so long. That's why we're sitting here shaking heads instead of doing cha-ching! in DUST...
I opened my position a month ago and I'm down 23%. 23% is what NUGT can gain or lose in a day. If you're scared by that you shouldn't trade it. The main problem is that this trend started 3-4 months ago already with two bull traps along the way. It WEARS YOU DOWN with each faded move. We're getting a lesson in psychology of investing.

Euro is weakening and that pushes DXY higher as EUR is its main component.

There's only one way to fight a troll - IGNORE!