Posted On: 08/23/2015 5:57:00 PM
Post# of 72436
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Re: NotRichYet2 #13086
Thanks for the tip ntry. May have been more useful a few days/weeks or so ago before everything turned lower. IMO, we're entering MUCH higher volatility territory as we test multi year/monthly trend lines. We are now at the brink (and this is my own opinion) of breaking these trend lines that will confirm a bear market. However, I caution playing the 3x ETF's unless you can maintain a frequent watch and be able to pull the trigger to get out at a flinch.
I'll tell you straight up, I am a high risk trader. You want to lose? Get in one of these bear or even bull #x ETF's and turn your back for a few minutes. We confirm a downtrend you're good to go. Market finds a hair and bounces? You're toast. Then the same story goes for the bull ETF's. NOT a game for the average trader.
I'll tell you straight up, I am a high risk trader. You want to lose? Get in one of these bear or even bull #x ETF's and turn your back for a few minutes. We confirm a downtrend you're good to go. Market finds a hair and bounces? You're toast. Then the same story goes for the bull ETF's. NOT a game for the average trader.
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