I ended up following my rules and selling UGAZ on May 30th @ $23.1 for a ~10% loss. Actually my preset 10% stop loss kicked in and forced the sell trade for me. I then followed my rules and bought DGAZ later the same day @ $125.
$10,000 + 122% = $22,200 76 days + 79.3% = $39,804 39 days -12% = $35,028 7 days +22.4% = $42,874 33 days +13.3% = $48,576 21 days +26.1% = $61,254 36 days -10.0% = $55,128 26 days
$55,128/$10,000 = +551% gain in 262 days
DGAZ is at $165 today, representing an unrealized gain of 32% since 30MAY, one week ago.
(If sold today, $55,128 + 32% would be $72,768)
I have not been diligent following my rules, so I have not captured all this gain myself, but the gain is there to be had, and I am learning to trust the rules and follow them more religiously.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.