Gotta love ZERO RISK in the SP500 = $$$

Discussion in 'Trading' started by makloda, Jan 27, 2007.

  1. S2007S

    S2007S

    markets losing steam once again!!!!!

    DOW up only 129 now!!!
     
    #10441     Sep 30, 2015
  2. CL one giant wedge there on the 1 min chart
     
    #10442     Sep 30, 2015
  3. spx.png


    SPX 15M
     
    #10443     Sep 30, 2015
  4. S2007S

    S2007S


    OUT of LABD at $61.00!!!

    Perfect day trade

    IF the markets completely sell off by the end of the day, LABD will easily be trading at 52 week highs well above $65!!!!
     
    #10444     Sep 30, 2015
  5. SPXS looking very good too

    right now im looking for an entry into DWTI
     
    #10445     Sep 30, 2015
  6. wow, that's one helluva chart on that etf...
     
    #10446     Sep 30, 2015
  7. S2007S

    S2007S


    I wouldn't buy DWTI until its under $90 or less!!!

    Maybe even a lot less than that!
     
    #10447     Sep 30, 2015
  8. S2007S

    S2007S



    yes, its a 3X

    I was watching it for a few months, was trading in the low 30's and I thought why not by some, never did though, I feel the biotechs are way to volatile, anyway I ended up buying and selling it today in the upper 50's....all it takes is for the biotechs to put in a solid week of gains and LABD could be sitting easily back under $35 in no time, yes it could easily skyrocket to $100 but I have seen most of these triple etfs get that high and literally lose 80-90% of their value. Thats why if you trade them and have profit its good to take it, otherwise sometimes you miss out, I have cost averaged into some of these 2x and 3x etfs over time...not the thing to do but oh well..
     
    #10448     Sep 30, 2015
  9. Visaria

    Visaria

    #10449     Sep 30, 2015
  10. S2007S

    S2007S

    by the way if you want to see a triple ETF stock that has sold off probably 90%+ ytd look at GASL, its going to have another reverse split tomorrow, Im actually thinking of shorting this ETF, the last time it had a reverse split it literally went STRAIGHT DOWN!!!! think it went from $25-$30 all the way down to the low single digits!
     
    #10450     Sep 30, 2015