John
I trade mostly stocks but in this type of geopolitical and coronavirus environment, crude oil piqued my interest because I traded every type of market and crude oil always recovers. Just takes a while so it's a good idea to start scaling in now. Whenever you hear the pundits on CNBC calling for $10 a barrel crude oil or $5 Barrel crude oil, that's when you know you should start scaling in now because those targets never actually come to fruition.
So yea im long UCO and like I told you on the Forum , I'm prepared to take on some pain to ultimately receive a lot of pleasure in the coming months. Just have to keep some dry powder to average down. Out of all of these ETFs, the 2x bull UCO will be the one that obviously reached the most Rewards on an eventual reversal/recovery in crude. USO as well - just at half the gain.
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