Never taking profits? Why would you do that? The only good reason would be that you are creating buy and hold positions, and for that you need no...
The seekingalpha article does explain that shorting the pairs is not risk-free at all! PS, I still think UGAZ looks bottomy...low-bottomy
Thanks, Sig, You explain why it might be a GOOD idea to short leveraged ETFs as long as the fees aren't high; I have seen fees for them at IB at...
Actually the NG futures look weak, but UGAZ showed some strength. Might've been fooled. UGAZ looked good for awhile but Nat Gas futures looked...
Talk about paying attention: I never wrote that Schwartz had only one losing month. I wrote that the most he ever lost in a month during his...
It is in Schwager's book, Market Wizards, I think.
UGAZ showing some confirmation right now that it is now in an up trend. SL at 1.27.
Very fine answers. Thanks, Occam.
Someone has recommended opening 3 brokerage accounts either with same brokerage or not, and with less than $25k total, one can make 9 day trades...
Tell me exactly why. You sound very opinionated but you didn't give any specifics as to your opinion. ...calculus, stats, freight train, power of...
I am in California, friend. Hard enough for me to get up early enough to be ready for the 6:30 market open, not gonna get up for the DAX, thank...
I trade the leveraged ETFs all the time. You have to know what you are doing, and you must not hold these positions for very long due to...
I too am learning the YM.
How does shorting something that is going towards 0 make it dangerous? Please explain your logic. Also, I totally agree leveraged ETFs can be...
1. some leveraged ETFs can be hedged pretty easily to hold overnight without much risk and without day trading to get out, for instance, say you...
You can short the leveraged ETFs too. Someone who shorted UGAZ four or so months ago would be up 85% right now (minus some fees): from $10 to...
It is not just the contango that makes the prices crazy. Leveraged 2X and 3X ETF prices are recalibrated daily, so there is a little value lost...
Maybe the market does not expect the trade to ever be profitable. That is to say, the underlying has not gone down enough, or is not expected to...
If someone thinks something is impossible, it is definitely impossible for that someone.
Marty Schwartz has/had a proven and verifiable track record of growing at 20% per MONTH. This is a track record for years, and the most he ever...
Separate names with a comma.