Author is right. Forget those articles you read. They are just theories. IN reality I trade SDS for 2-3 day holds along with SSO and with this volatility it's perfect to trade.
On Feb 22 12:25 PM Aalan wrote:
> Sorry, but this author is completely mistaken. SDS will not provide > peace of mind, because it does not track the inverse of the S&P > over a long period of time. In fact, it can produce a loss, even > when the underlying index goes down, due to leveraged volatility. > There have been many articles demonstrating this. > > I don't know of anything that can produce "peace of mind" in this > market, but leverage certainly doesn't. And this is supposed to compensate > for the risk of holding a fund that you expect to decline by 30%? > Good luck!
These Market Internals Make It Hard To Be a Bear [View article]
This is why I never follow charts and don't believe in them. You can take the best ETF chart and it goes up and down with market. Regardless of charts! Bear markets always out pace bull markets.
SDS: A Way to Ensure Peace of Mind [View article]
On Feb 22 12:25 PM Aalan wrote:
> Sorry, but this author is completely mistaken. SDS will not provide
> peace of mind, because it does not track the inverse of the S&P
> over a long period of time. In fact, it can produce a loss, even
> when the underlying index goes down, due to leveraged volatility.
> There have been many articles demonstrating this.
>
> I don't know of anything that can produce "peace of mind" in this
> market, but leverage certainly doesn't. And this is supposed to compensate
> for the risk of holding a fund that you expect to decline by 30%?
> Good luck!
These Market Internals Make It Hard To Be a Bear [View article]
You can take the best ETF chart and it goes up and down with
market.
Regardless of charts!
Bear markets always out pace bull markets.