Leveraged ETFs Have Become a Day Trader's Dream Come True [View article]
These tools are not much different than any other option. Time is not on your side w/ bgu or bgz. They lose value and do not grant the intended results. You will not get 3X the move of the markets. You must be right and be short term in your trades. Lereraged trades can get you back to zero quickly; or negative. Break down your trading to weekly or even daily to get the intended benefit; but you better be right. Long bgz for Aug 31-sept 3
Chart the dow or the s&p back to 1935. OK-then draw a line from 1935 to present day -one for the lows and one of the highs. Over time this gives one the range-bollinger bands were created just like this! Historically stocks should or will usually trade in the ranges. Of course if you look to the stars one will say we are 3-5 yrs from historical world changes. all I can say is dig a cave and hide in it!
Leveraged ETFs Have Become a Day Trader's Dream Come True [View article]
You must be right and be short term in your trades. Lereraged trades can get you back to zero quickly; or negative. Break down your trading to weekly or even daily to get the intended benefit; but you better be right.
Long bgz for Aug 31-sept 3
Why the Dow Is Headed to 6000 [View article]
OK-then draw a line from 1935 to present day -one for the lows and one of the highs.
Over time this gives one the range-bollinger bands were created just like this!
Historically stocks should or will usually trade in the ranges.
Of course if you look to the stars one will say we are 3-5 yrs from historical world changes. all I can say is dig a cave and hide in it!
On Jun 29 07:07 AM BlueOkie wrote:
> Where did you come up with 6,000?