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food4thought

01/09/20 11:50 AM

#45578 RE: ReservedRisk #45574

If the mindset is to hold NUGT to ride a gold bull, why sell at all? A geopolitical event could, as it did a week ago, gap NUGT to a point where you could potentially miss substantial upside. A 5% swing is minuscule as we just saw the whipsaw effect of international headlines.

Clearly the scalping mindset offers a much different strategy. If there’s a better way to play a gold bull mentality with triple leverage, let me know.