Agree, wouldn't touch either, metals/miners still bearish (especially friday) but uncertainty with Russia (especially over weekend) , could go either way, nor my kind of odds as watching, if russia should resolve and usd reverses / rallies I'll go short again... GL
Short equal amounts of both and with volatility and decay you can make double digit returns, most brokerage accts won't allow you to short both at same time but you can use 2 different accts, never done it here but have done it with tna/tza...
Well if you don't know how to trade them, agree you should just stay on a sidelines and add commentary, however I enjoy making money :)
LOL... Trading these pairs nugt/dust is not rocket science, same with dgaz/ugaz..
Only in dgaz now as that set up was easy. Bought dust in mid 20's, out mid 40's, in nugt mid 20's, out mid 30's, waiting for entry in dust again... BTW, easiest trade of the year was ugaz falling to 12's last November, biggest single trade I've made in 15 yrs. These 3x plays are for trading only with a great entry and disciplined stop. If you can be right over 50% you can make huge returns with all this volatility. I've just been trading ng and miners as been too easy which will eventually change. Two years ago it was fas/faz and tna/tza. GL
LOL, the trading bots could care less what retail thinks as they suck up your money... Price/volume matters, not fundamentals or cheap pe... Go study now!
Anyone who bought #$%$ 67 without a stop loss and rode it to 25 is an idiot and should not be in Stock market. Last 4 yrs once in a generation to make millions, not short the market at the bottom! What you should have been shorting was gold and miners!