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Re: dealorfx post# 2981

Friday, 08/05/2011 6:24:30 PM

Friday, August 05, 2011 6:24:30 PM

Post# of 4207
I know all about getting stuck, I tried some of the 2x and 3x ETF's on the long side and inverse. I didnt understand the contango (spell?) effect until it was too late, I took a beating on several 10's of thousands. I'm surprised I still try to play LOL. I will never play them again unless I put a tight stop, although I dont like stop's, i feel the MM's have access and will take you out when ever they feel like it.

I know you are a fellow fisherman, I will have to post up some of my pic's

Hope you have a great weekend as well