Entered very close to bottom. This is why 3X Leveraged funds are
tougher in so many ways in terms of risk. My limit was $44.10, but
the lows are higher. Bid ask spread not conducive...
I agree -- I have a hard time trading the thinner leveraged ETFs
that trade with big spreads -- don't use them much -- too hard to
control risk tightly without getting shaken out
Just got stopped out of LABD way below today's lows
Posted by zitron on 5th of Apr 2016 at 10:59 am
Entered very close to bottom. This is why 3X Leveraged funds are tougher in so many ways in terms of risk. My limit was $44.10, but the lows are higher. Bid ask spread not conducive...
I agree -- I have
Posted by puma on 5th of Apr 2016 at 11:19 am
I agree -- I have a hard time trading the thinner leveraged ETFs that trade with big spreads -- don't use them much -- too hard to control risk tightly without getting shaken out
Holding a 3x ETF overnight
Posted by mla127 on 5th of Apr 2016 at 11:29 am
Holding a 3x ETF overnight is a risk in itself ... gaps are almost certain ... it's like booze ... use with moderation :D