Replies to post #1320 on Direxion Daily Junior Gold Miners Index Bull 2X Sh (JNUG)

[THREE-DAY-TRADER]

Today exemplifies that day trade sell as a good move. In any event whether JNUG up or down since yesterday, taking a consistent profit every week (once or many times) adds up well.
I shift around numerous stocks, particularly 3x funds.
JNUG/JDST are among my favorites for quick day trade, along with UGAZ, DGAZ, RUSL, RUSS, & XIV.
Today I woke up & made approx 17-18% on BRZU (into 14's) after buying yesterday @ 11.92, and I'm loving the volatility, as BRZU has become one of my new favorites lately. Been buying it very few weeks on each big sell off, and then taking the trade within a day or two typically, not holding too long. (got 50% in early October from it).

I'm gonna keep doing the same on JNUG for now until I've felt it has capitulated & I feel the forces in the market are more bullish for gold.
JNUG and some of these other funds mentioned are daily ATM machines one can skim as long as you are aggressive on the moments for buying on the dip and then aggressive on the sell (& not too greedy) once the market 'pops' it for you and on the intra-day basis the volatility is very dependable as long as you are aggressively focused on buying the dips.