Oops you made a a big boo boo. That's OK hang in there. It will come back. Try averaging down and down and down so you can get it at a good price, say around 22 then back to 48 for a double. Lol
The trend has changed. Gold had its run. GDXJ is going down when gold is going up. That's a very bad sign because GDXJ usually follows gold. That means that people are selling GDXJ and that means JNUG will go down fast. I said it yesterday on the JDST site. I called it correctly. This is how it works: They get you thinking one way and then they switch gears. All the while you're thinking gold is going up JNUG should go up but that's not happening. Be careful here.
Neither one looks good. Anyone who held and lost that much money shouldn't play the market.
The reversal has started. That's the sign. Happened a while back gold was going down one day while gdxj was going up. I said wait that didn't make sense. Then jnug went from 22 to 48. This is not for sure but it seems that gold has made its run. But, don't get fooled you still have to read the charts
It happened in the reverse just a few weeks ago. Gold was going down and GDXJ was going higher. The announcement was made today and so everyone thinks gold is going higher but its quite the contrary. Buy the rumor sell the news. I bought JDST today at 7 bucks. Take the pebble from my hand grasshopper.
Nope. You got it wrong pal. Gold was going up while GDXJ was going down. That means it doesn't matter what gold does JDST is going up.
As I said before, hope has no place in the stock market. You see its more than "I think it can......awe gosh darnit it went down again why"?
you actually bought this today? wow. Keep buying and keep losing. Yea, good plan.
Oh yea, short interest is up 1.4mil since 11/14. It's probably higher than that now. And 50,000 gallons of ISO. What the FHLUK are the margins on that #$%$.
Are you telling me someone buys 70k for .30 and sells at .31? I'm really growing tired of this POS. I may just get out or at least sell 70%. #$%$ oil is probably going to 30 bucks. Who needs Iso. They don't even want ethanol.
You need to borrow the money and get back over 25k. Otherwise every day you sit is money lost. I understand though, I've been there.
Started late today. Didn't get on the computer until 9:45pst. Looked at JDST coming off the bottom. Bought 2k shares at 9.89 at 13:04est . Sold at 10.15 at 13:27est for a profit of 520.00. You wanted to know how to do it. This is how you do it. BTW , I could have set a stop for my original price and let it ride which sometimes works out very well, but then again you can lose the 520. That's personal preference. I'll take the 520.00 3 or 4 times per day. Bird in the hand?
That's sad because I just bought a #$%$ load at 8.72 on tuesday. Why did you lose so much why did you wait so long to sell. you know it's going up now.
Go here and look at the 6 month chart. http://www.kitco.com/charts/livegold.html. What you will see is gold at 1250 then 1230 then 1220 then today 1207. If it continues this path (may vary slightly don't panic if it hits 1220 again), then it is going to continue downward. Once it breaks 1200 you may see support or it could keep going down. If it does then JDST will be just fine. Who knows where it stops on the way up. Also in another chart to the side of JDST and JNUG (same chart) you should have GDXJ. The reason is this JDST and JNUG do not always follow gold as we have seen recently and you can get fooled by this. JDST and JNUG reference GDXJ. The 3x is just steeper gains/losses from GDXJ. If gold is going down and GDXJ is going up it just means that the market doesn't care about the price of gold. So, watch both.
BTW you should have never lost 50% of anything. You need to have a plan and set stops and STICK TO THEM. You froze when you started to lose hoping it would come back. You're scared of losing money which causes you to lose more. What happens if you go on vacation with out a plan, tickets hotel room ect.... You pay the highest price. This stock #$%$ is serious business there's no room for wishful thinking, optimism or hope.
Here's how you do it. Put JDST and JNUG in the same chart. It's easier to see that way. I use Etrade pro 1 minute chart. Use whatever you have. The idea is this; recognize three patterns 1. crossing 2. Diverging and Converging. When they start to run at each other pick one to go long or short. SET STOPS forgiving ones. If they continue the pattern wait until they touch (be prepared) 2. If they touch then be prepared to sell (move your stop up) If they cross move your stop up again (not too close). If you get stopped out right away you lose 300-400. If it runs you will make money. How much is up to you but never LOWER or ignore your stops. And when it changes direction, get out immediately. The most important thing is DONT FREEZE UP. Your stops are there to protect you from freezing up. If you make 100 to 2000 consider it a gift. If you get stopped out and make 120 bucks and then it goes up more, so be it. Everyone is trying to get it perfect and it can happen but to buy a stock at he very bottom and sell at the very top is hard to do. Stop trying to do that.
You should have bought csiq. You see the difference? Csiq makes money, rgse doesn't. Class dismissed. BTW I've been saying sell this pig since when it was way over a dollar. Since then I've made money, you who hold haven't. Class dismissed again. Just trying to help, really.