Replies to post #8767 on Direxion Daily Gold Miners Be (DUST)

[Sgreg]

Nothing wrong with that. I myself rarely try and hit a homerun with these 3X leveraged ETFs. I go for 10-15% usually. They become low hanging fruit often enough that many singles ends up being as if it was a homerun. Conditions have to be very good for me to enter and stay in one of these for awhile. When oil was $27 I entered UWTI and held some of that for 2 months but unless it is something really obvious like that was I don't go for the huge gain in these. 10-15% in my book once a week or something is fantastic.