Thanks to Riggio for that. I have no bias against leveraged
ETFs, however the problem I see with these is that their average
volume is only a 10th of the 1X ETF (in the case of GDX). I would
prefer to try and trade with the higher volume, but with the need
to short, and the inability, I would still need to use the
leveraged DUST with an average daily volume of about 200,000
shares. I guess I could use it, and just cut my purchase by
half.
Seems strange there is not a 1x inverse, when there is a 2X.
Thanks to Riggio for that.
GDX Swing System Statistics Further Details
Posted by ragwing on 28th of Dec 2011 at 01:50 pm
Thanks to Riggio for that. I have no bias against leveraged ETFs, however the problem I see with these is that their average volume is only a 10th of the 1X ETF (in the case of GDX). I would prefer to try and trade with the higher volume, but with the need to short, and the inability, I would still need to use the leveraged DUST with an average daily volume of about 200,000 shares. I guess I could use it, and just cut my purchase by half.
Seems strange there is not a 1x inverse, when there is a 2X.
Reminder: DUST just went from 2x to 3x...
Posted by lessarda on 28th of Dec 2011 at 02:00 pm