3x ETFs are not meant to be held as a position (especially over Yomtov where you have two market days that you can't be active in). 3x ETFs should be used ONLY for trading or hedging a portfolio (so for example if your overall portfolio was short gold, a JNUG position equal to about a tenth of the short gold position might be appropriate).
Can I expect gold will recover from the huge Crack soon (or at all) ? I have a large JNUG position it's killing me.
I agree, part of the mistakes of a beginner. Unfortunately these are pricy mistakes
There are 8 states voting on marijuana reform in November. Any thoughts on PLPL?
There are literally hundreds of tiny under-a-penny marijuana 'stocks'. I buy 10k of some with little downside (10k costs less than $20 in most cases) and tons of potential. Play with those.
sounds like a great idea. I just wonder if OTC stocks will respond to the election results.
Where's a good place to place a bet for the elections?Thoughts?
I really don't expect for anything to harken to the small stocks anytime soon. But i did make $185 on EAPH recently. Only put in like $30.
What type of commission schedule do you have that $30 investment is worthwhile?
Don't panic guys. Same as Brexit. We'll be back in less than 2 weeks.
@KolHaolam: ELECTIONS: The Dow Jones plummeted by over 800 points and could even eclipse the Brexit shocker that rocked financial markets in June.