Replies to post #656 on ETFs, Leveraged ETFs, Sector Funds

[No-Quarter]

Good for you.

I am still holding. Watching/waiting for the DGAZ:UGAZ chart 6MA and 10MA to cross convincingly. When they do, I will sell DGAZ and buy UGAZ for the ride the other way.
Not trying to maximize, just consistent gains

[No-Quarter]

I sold 1/2 my DGAZ holdings yesterday @ 130 to get into TVIX.
Bought DGAZ 13MAR at 93.
A 39% gain for me on DGAZ.

BTW, this DGAZ:UGAZ method is working for me. It is simple. I like simple. Watch the DGAZ:UGAZ chart (middle chart below) for 6MA and 10MA 'convincing" crosses, then Sell and Buy (top and bottom charts) accordingly same day or next day.

With this I am not trying to maximize gains with intra day time frames, just looking for convincing 6 day MA and 10 day MA cross overs on the DGAZ:UGAZ daily chart, then act the same or the next day between ~10:00AM and ~noon. I usually wait for the market to be open for ~2 hours to establish itself before I place trades. Keeping it simple.



DGAZ:UGAZ
18SEP2018 Initial Buy UGAZ@60
3DEC2018 6MA moves above 10MA Sell UGAZ@@132 +122% Buy DGAZ@58.5
11JAN2019 6MA moves below 10MA Sell DGAZ@104.5 +79.3% Buy UGAZ@44
28JAN2019 6MA moves above 10MA Sell UGAZ@39 -12% Buy DGAZ@87
20FEB2019 6MA moves below 10MA Sell DGAZ@106.5 +22.4% Buy UGAZ@30
13MAR2019 6MA moves above 10MA Sell UGAZ@34 +13.3% Buy DGAZ@93
18APR2019 sold 1/2 holdings* Sell DGAZ@129 +38.7%

*Sold 1/2 for another opportunity (TVIX), not because the 6MA crossed the 10MA <= might be a bone head move. Time will tell.

$10,000
+ 122% = $22,200
+ 79.3% = $39,804
-12% = $35,028
+22.4% = $42,874
+13.3% = $48,576
+38.7% = $67,374

673% gain!

I obviously have not captured all 673% since I opened my IRA with 401k funds late last summer. But, it was there for the taking if I had simply followed this plan. This is now my main plan with over 50% of my available funds dedicated to this plan.

Also, I recently helped established a ROTH IRA for each of my adult children (early 20's). Each is following this plan with 100% of its available funds. It is simple for them to follow.

Happy Easter!

GLTY