Discussion in 'ETFs' started by JRworldwide, Apr 17, 2009.
Count me in...
Looking forward to next week
Same buddy-- in @ 8.64 for FAZ and 27.00 for SRS.
I'm 425 @ $35.95 avg. in TZA over past week.
Bought another 500 FAZ at 9.10.
i am in
I thinkyou guys are a bit early but I'll be there too, maybe by Wed.
Looking real nice here, who said dont hold these 3X overnight? lol
SOLD 500 @ $10.18
Profit after commissions
Just so I understand your "trading" strategy. You average into a losing position from $30 or whatever all the way to $9. Then you sell at $10, for a $1 "profit"?
Talk about an adverse risk/reward ratio.
Given his track "record", that has got to be one of the most illogical moves that anyone could ever make.
Just goes to show . . . he has no trading methodology whatsoever, and one really has to seriously question whether he even trades at all, or is merely a "prop" poster on ET.
He makes no sense at all.
The above "trade" confirms it.
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