Croesus,....I think I'd be ok to trade those, but my other problem with short term trading is that I'm prohibited from day trading in my IRA portfolio. so I could get away with maybe once or twice but cant do it regularly. I'd have to basically stay in any trade for at least 4 or 5 days. and it looks like there are many times when you need to exit on the second day, or third at most.
Just remember to limit your losses if you get whipsawed. For example playing JNUG, you will obviously have to have a wider tolerance for potential losses
Gotcha. Sometimes I will use a trailing stop loss at 10 - 15% for these volatile 3X plays.