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#6721 |
Banned
Join Date: Jan 2013
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Posts: 53,803
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#6722 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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I locked in gains and got stopped out on a few positions Friday.
Sitting 25% cash and may wait until after January 20th to get that portion back in. Will be interesting to see how market reacts to any turmoil this week (from either side). |
Posts: 45,705
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#6723 |
Supporter
Join Date: Aug 2005
Location: Hermosa, SD
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Posts: 44,355
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#6724 |
I'll be back.
Join Date: Nov 2002
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when's my exit point on CDEV?
im thinking about tree fiddy |
Posts: 279,477
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#6725 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Posts: 45,705
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#6726 |
I'll be back.
Join Date: Nov 2002
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Posts: 279,477
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#6727 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Posts: 45,705
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#6728 |
I'll be back.
Join Date: Nov 2002
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CCIV up 8% after hours
it's happening |
Posts: 279,477
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#6729 | |
Veteran
Join Date: Mar 2003
Location: Blue Springs, MO
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Quote:
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Posts: 1,926
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#6730 |
MVP
Join Date: Aug 2000
Location: Lee's Summit
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NAIL brokeout today. The last time it flirted with $60 but I said I'd hold to $90's. My Stock ADD wants me to sell around the $60 flirt mark as it's been hovering around $46-48 for the last month.
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Posts: 8,282
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#6731 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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It’s a leveraged fund. I don’t see why people hold them over such long duration anyway?
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Posts: 45,705
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#6732 |
MVP
Join Date: Aug 2000
Location: Lee's Summit
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Posts: 8,282
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#6733 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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You need to know what a leveraged fund is and how it works. These should not be held for months. Just because you’re up doesn’t mean you understand it.
S&P 500 returned 21% since August and you took on way more risk to achieve yours. https://www.direxion.com/product/dai...es-bull-3x-etf |
Posts: 45,705
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#6734 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Read this.
Should help you understand their use. I’ve traded Nail this year but it was 12% gain and out in 3 days. https://www.investopedia.com/article...-you-think.asp |
Posts: 45,705
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#6735 | |
MVP
Join Date: Aug 2000
Location: Lee's Summit
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Quote:
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Posts: 8,282
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