Replies to post #7230 on Direxion Daily Financial Bear 3X Shares (FAZ)

[MorningLightMountain]

nope, I have/had a similar plan....clawed my account back up from the ruins, always keeping some dry power, and avoided being all in due to the 3 day settlement.....

now I'm WAY too deep in FAZ, I need some kind of pop back to 5.50 or so to replenish my dry powder....

its looking tougher each day, just give me a 5 already, and I might unload some to increase my trading powder....

[chart_md]

** Financials CHARTS: June 6 or January 7, 2009 ???

Weird...beyond words...

Top line: FAZ, 2nd line: GS, 3rd line: BAC

[sonic2x2]

Wow who do you trade with I don't have to wait for the settle day as soon as its sold I can use those funds to trade. To take the $$$ out yes I have to wait but not to trade

[greyghost]

mr. mutt....starting over with $900 left over from last year...like your plan...allows for day trading without the margin account!!!!!