GDX - Long Update...

    Posted by saturn6 on 20th of Jan 2012 at 10:16 am

    Not wanting to take a loss I moved stop up as we could be just backtesting the broken support line...

    Yep, trade a system or

    Posted by matt on 20th of Jan 2012 at 10:42 am

    Yep, trade a system or trade the stock by subjective technical analysis.  Obviously they are two separate things.  A good trader with a feel for how a stock moves should be able to out trade a system in many cases as systems can't always adapt well to changes

    Another way to play the GDX system is the play both: play the system as is, then play GDX via your subjective tech analysis.  You would do this by playing two separate ETF's, play the system via GDX and then trade the inverse ETF like DUST for the subjective analysis, but use only 1/2 position since it's double, and since it's a short ETF you would short it to go long and vice versa.  This also means that in some cases you may have opposite positions like a hedge i.e. you may be long via the system and short via your analysis and vice versa.  

    experiment and trade according to your style

    DUST Leverage

    Posted by jlevinthal on 21st of Jan 2012 at 01:14 pm

    I think DUST and NUGT are now triple leverage

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