I miss 3:1 margin. Oh well. I just think the FAS chart is screaming for a lot of downside. Just not sure when it happens., I expected more strength this week and next, but am too bored to wait.
i think u should better buying faz instead of short fas
It's a single LO order that went off in 5 steps. A typical trading (not part of a DS strategy) position for me in the new era of reduced margin. If you buy FAZ or FAS, you PAY the decay. If you short the opposite, you earn the decay. Same bet, exc. the decay.Also, FWIW, since the new margin requirements, these 3x shares seem readily available.Party on, dudes.
was this an average short entry?or was it a single order?