InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,565.32
(
1.10%
)
US TECH 100
19,295.20
(
1.50%
)
Dow Jones
40,366.36
(
0.20%
)
Brent Oil
81.57
(
-0.86%
)
Bitcoin
67,424.93
(
-1.07%
)
Post# of 650793
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Scandle34

Send PM Follow Ignore
Followers 44
Posts 4877
Boards Moderated 1
Alias Born 08/31/2001

Scandle34

Member Level

Re: kajulie post# 255561

Thursday, 05/23/2013 12:03:05 AM

Thursday, May 23, 2013 12:03:05 AM

Post# of 650793
it has internal "friction" so over time it loses money even if the underlying index is flat. That said, more often than not the close to open difference is bigger on NUGT and USLV than the trading hours change. It's good for swing trades of a few days as well as day trading, just not buy and hold.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

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.

Sign Up