Direxion Daily Financial Bear 3X Shares (FAZ)

[Porgie Tirebiter]

I'm either all FAS, or all FAZ. You're right about one thing though, it's been my experience that you're better off being patient with a losing position here. You almost always get it back. When you are up you've got to get out, I never hold it overnight when I'm up.

There is no reward in holding these long. Time decay makes both FAS amd FAZ ultimate losers, and time decay works faster during periods of higher volatility.

I'm leaning FAS today. But I don't know yet.