InvestorsHub Logo

MD-420

01/09/20 4:51 AM

#45561 RE: ReservedRisk #45560

I think the issue with s long tern position in nugt currently is, it's a leveraged etf with decay. Buy a non leveraged etf for a long hold and use this one for short term trading until there truly is a confirmed breakout that will move enough to override the decay.

weazelboy

01/09/20 8:26 AM

#45566 RE: ReservedRisk #45560

Actually, yes, I have.

Here's the thread...

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152138598

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152151866

You've never held NUGT longer than a few days/weeks. In fact, "IF" you actually own it right now...the 2+ weeks or so you've owned it is the LONGEST amount of time you've held. LOL

But, I'm not doing this back-and-forth BS again.

Good luck with all of your theories of collapse and you're self-proclaimed "perfectly timed" long-term buy.