Is a Bear 3X Commodity ETF Worse than 3X Bull Commodity ETF?

Discussion in 'ETFs' started by GloriaBrown, Apr 21, 2017.

  1. Sig

    Sig

    The Dunning Kruger effect is strong with this one!

    Just wish I could be the counter party for folks like this. Amazing.
     
    #21     Apr 26, 2017
  2. It is ok that you dont know the answer
     
    #22     Apr 26, 2017
  3. Sig

    Sig

    And it's ok that you lack the intellectual capacity to realize you lack the intellectual capacity to comprehend the answer.
     
    #23     Apr 26, 2017
  4. Did you take your medicine today?
     
    #24     Apr 27, 2017
  5. Max E.

    Max E.

    Q: Is a Bear 3X Commodity ETF Worse than 3X Bull Commodity ETF?

    A: It doesnt matter you should only ever be shorting both, leveraged ETFS get destroyed over time. Look at a 5 year chat of NUGT, or UVXY, that should tell you all you need to know about which side you want to be on.
     
    #25     May 11, 2017
    murray t turtle likes this.
  6. Cuddles

    Cuddles

    3x naked bear
     
    #26     May 14, 2017
  7. Benihana

    Benihana

    Is that really true? Everyone knows that these leveraged etfs go to zero over time, so don't you think that finding shares to short would either be very hard to find or very expensive? Just blindly shorting these etfs is no edge.
     
    #27     May 14, 2017
  8. Actually even blindly short has some edge
     
    #28     May 15, 2017
  9. zdreg

    zdreg

    why are you screaming or is your keyboard broken?
     
    #29     May 27, 2017
  10. zdreg

    zdreg

    in periods of low volatility leveraged etfs can be profitable as long term investments in spite of the normal caveats which generally apply. one counter example is .....
     
    Last edited: May 27, 2017
    #30     May 27, 2017