shillllihs
6,090 posts
msg #135523
- Ignore shillllihs |
4/19/2017 3:47:19 PM
Losing money on Nugt, wtf, this doesn't happen to me.
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Kevin_in_GA
4,599 posts
msg #135524
- Ignore Kevin_in_GA
modified |
4/19/2017 3:50:13 PM
It happens to everyone. Are you confident on your thesis for entering this trade? As long as it is still valid (it should be), then chill and let things take their course.
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jmnn
16 posts
msg #135525
- Ignore jmnn |
4/19/2017 3:57:32 PM
Shills how do I become a better trader?
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shillllihs
6,090 posts
msg #135526
- Ignore shillllihs |
4/19/2017 3:59:45 PM
Talk to Kevin.
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pthomas215
1,251 posts
msg #135547
- Ignore pthomas215
modified |
4/20/2017 2:36:09 PM
shillihs, have you held your long NUGT trade? are you still bullish on it? i ask because a lot of people took long gold positions yesterday, and there must be something you saw that looked appealing.
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shillllihs
6,090 posts
msg #135548
- Ignore shillllihs |
4/20/2017 3:04:21 PM
Not much science to this trade other than I almost always like to short INVERSE ETFs on up gaps and especially Dust. Every inverse ETF in the history of trading has filled after a gap up, but some could take a year for it to happen so some risk. Couldn't find any shares so I bought Nugt long, just under 1600sh.
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shillllihs
6,090 posts
msg #135591
- Ignore shillllihs |
4/25/2017 10:01:36 AM
Look at gold drop, some suckerz are still holding.
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Kevin_in_GA
4,599 posts
msg #135593
- Ignore Kevin_in_GA |
4/25/2017 10:11:03 AM
You are still holding 1600 shares of NUGT at $10.13, correct?
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shillllihs
6,090 posts
msg #135595
- Ignore shillllihs |
4/25/2017 10:24:21 AM
No
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shillllihs
6,090 posts
msg #135599
- Ignore shillllihs |
4/25/2017 11:00:19 AM
I don't like to hold losses when price goes lower than .60 because it usually goes lower.
For instance price dropped below 9.60 yesterday, that's a sign to me that it will continue to drop.
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