| Moderated By: Davy Crockett -- (Moderated) -- Started: 2/28/2012 3:16:27 PM Revision History |
The 3x Direxion bull or bear ETF thread.
I play these loaded ETF's in order to make some money. I'm not a very good intra-day trader. Because of those limitations I prefer to ride a trend... either Bull or Bear. It doesn't matter. I'm quite agnostic when it comes to stocks. I am a Canadian trader who is not allowed to short or play options in a retirement account. Therefore I have no choice but to play these ETF's. I also will purchase 2x Pro or Bear Etf's as I see fit.
I am looking for multiple 3,4,5,10 bagger stocks and ETF's, Bull or Bear.
You can make a lot of money shorting leveraged ETF's provided that you can buy it (not so easy sometimes) and when in, cover it if you are called on upon by the Broker.
If you could help me achieve that goal... that would be greatly appreciated.
If you have recently decided to become very aggressive to double, triple or quintuple your money, please post your picks & strategies on this thread.
My picks will be based on technical analysis - ie: charts.
Please no "Hot Tips" or the "next best thing".
Volume in my opinion, accompanied by breakout from a trading range is my desired play. Yours may be different.
Anyway lets see how it goes. We will make up the rules as we figure things out.
Please note that I am a trader. Stocks that I like today, I may have different opinions tomorrow. I am not married to any position & may trade intraday.
Usually I don't know what I'm talking about so don't listen to me... <ggg>
However I will post all my trades (however painful that might be)